New Found Gold's total inventories for the quarter that ended in Mar. 2026 was $7.19 Mil. New Found Gold's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $6.79 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. New Found Gold's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-0.14.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
New Found Gold's Days Inventory for the
three
months ended in Mar. 2026 was 100.57.
Inventory Turnover measures how fast the company turns over its inventory within a year.
New Found Gold's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.91.
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.
New Found Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.94.
New Found Gold (AMEX:NFGC) 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.
New Found Gold's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is
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.
New Found Gold's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
New Found Gold Total Inventories Related Terms
New Found Gold Total Inventories Historical Data
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The historical data trend for New Found Gold'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.
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.
New Found Gold (NFGC) has a Total Inventories of $7.19 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for New Found Gold and its competitors.
Is New Found Gold's Total Inventories too high?
New Found Gold's current Total Inventories is $7.19 Mil. Overall, New Found Gold has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does New Found Gold's Total Inventories compare to NEM and AU?
New Found Gold's Total Inventories of $7.19 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 New Found Gold and its competitors. New Found Gold's current Total Inventories is $7.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Found Gold stock overvalued right now?
New Found Gold (NFGC) has a current Total Inventories of $7.19 Mil. The current Total Inventories is $7.19 Mil. New Found Gold's overall GF Score™ is 29/100 with 2 warning signs to review. 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 New Found Gold (NFGC), the current Total Inventories is $7.19 Mil as of Mar. 2026. 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.
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Companies exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
29GF Score
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