NATUF (North American Tungsten) Total Inventories: $8.46 Mil (As of Jun. 2015)


What is North American Tungsten Total Inventories?

North American Tungsten NATUF -90.00% Total Inventories is $8.46 Mil as of Jun. 2015.

North American Tungsten's total inventories for the quarter that ended in Jun. 2015 was $8.46 Mil. North American Tungsten's average total inventories from the quarter that ended in Mar. 2015 to the quarter that ended in Jun. 2015 was $10.02 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. North American Tungsten's Net-Net Working Capital per share for the quarter that ended in Jun. 2015 was $-0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. North American Tungsten's Days Inventory for the three months ended in Jun. 2015 was 56.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. North American Tungsten's Inventory Turnover for the quarter that ended in Jun. 2015 was 1.62.

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. North American Tungsten's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.83.

North American Tungsten  (OTCPK:NATUF) 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.

North American Tungsten's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2015 is

Net-Net Working Capital Per Share (Q: Jun. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.9+0.75 * 1.332+0.5 * 8.463-80.142
-0-0)/238.123
=-0.31

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

North American Tungsten's Days Inventory for the three months ended in Jun. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2015 )/Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=10.022/16.215*365 / 4
=56.40

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

North American Tungsten's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2015 ) / Average Total Inventories (Q: Jun. 2015 )
=16.215 / 10.022
=1.62

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.

North American Tungsten's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2015 ) / Revenue (Q: Jun. 2015 )
=10.022 / 12.105
=0.83

* 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.

North American Tungsten Total Inventories Related Terms

North American Tungsten Total Inventories Historical Data

* Premium members only.

The historical data trend for North American Tungsten'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.

North American Tungsten Total Inventories Chart

North American Tungsten Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 7.68 6.70 7.39 12.77

North American Tungsten Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 10.13 12.77 14.42 11.58 8.46

North American Tungsten 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $8.46 Mil mean?
North American Tungsten (NATUF) has a Total Inventories of $8.46 Mil as of Jun. 2015. The total amount of inventory as recorded on a company's balance sheet. View historical data for North American Tungsten and its competitors.
Is North American Tungsten's Total Inventories too high?
North American Tungsten's current Total Inventories is $8.46 Mil.
How does North American Tungsten's Total Inventories compare to competitors?
North American Tungsten's Total Inventories of $8.46 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Metals & Mining company?
A good Total Inventories depends on the Metals & Mining industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for North American Tungsten and its competitors. North American Tungsten's current Total Inventories is $8.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North American Tungsten stock overvalued right now?
North American Tungsten (NATUF) has a current Total Inventories of $8.46 Mil. The current Total Inventories is $8.46 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For North American Tungsten (NATUF), the current Total Inventories is $8.46 Mil as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

North American Tungsten Business Description

Address 1188 West Georgia Street, Suite 1640, Vancouver, BC, CAN, V6E 4A2
North American Tungsten Corp Ltd is a Canadian based exploration and development company. It is engaged in the exploration, development, and operation of mineral properties. The company produces, processes, and sells tungsten concentrate. Its project portfolio includes Cantung mine site and Mactung deposit projects.