GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MetalQuest Mining Inc (OTCPK:MQMIF) » Definitions » Total Inventories

MetalQuest Mining (MetalQuest Mining) Total Inventories : $0.00 Mil (As of Apr. 2024)


View and export this data going back to 2003. Start your Free Trial

What is MetalQuest Mining Total Inventories?

MetalQuest Mining's total inventories for the quarter that ended in Apr. 2024 was $0.00 Mil. MetalQuest Mining's average total inventories from the quarter that ended in Jan. 2024 to the quarter that ended in Apr. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MetalQuest Mining's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was $0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.


MetalQuest Mining Total Inventories Historical Data

The historical data trend for MetalQuest Mining's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MetalQuest Mining Total Inventories Chart

MetalQuest Mining Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

MetalQuest Mining Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

MetalQuest Mining Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


MetalQuest Mining  (OTCPK:MQMIF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

MetalQuest Mining's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2024 is

Net-Net Working Capital Per Share (Q: Apr. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.355+0.75 * 0+0.5 * 0-0.095
-0-0)/26.9148
=0.01

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

MetalQuest Mining's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2024 )/Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=0/0*365 / 4
=

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

MetalQuest Mining's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2024 ) / Average Total Inventories (Q: Apr. 2024 )
=0 / 0
=N/A

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

MetalQuest Mining's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=0 / 0
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


MetalQuest Mining Total Inventories Related Terms

Thank you for viewing the detailed overview of MetalQuest Mining's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


MetalQuest Mining (MetalQuest Mining) Business Description

Traded in Other Exchanges
Address
101 - 2148 West 38th Avenue, Vancouver, BC, CAN, V6M 1R9
MetalQuest Mining Inc is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties in Canada with the view of developing them to a stage where it can be exploited at a profit or to arrange joint ventures whereby other companies provide funding for development and exploration. The company projects include Murray Brook Project and Lac Otelnuk Iron Ore Project.

MetalQuest Mining (MetalQuest Mining) Headlines

No Headlines