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NHAWF (North Arrow Minerals) Total Inventories : $0.00 Mil (As of Jul. 2024)


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What is North Arrow Minerals Total Inventories?

North Arrow Minerals's total inventories for the quarter that ended in Jul. 2024 was $0.00 Mil. North Arrow Minerals's average total inventories from the quarter that ended in Apr. 2024 to the quarter that ended in Jul. 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. North Arrow Minerals's Net-Net Working Capital per share for the quarter that ended in Jul. 2024 was $0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. North Arrow Minerals's Days Inventory for the three months ended in Jul. 2024 was 0.00.

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.


North Arrow Minerals Total Inventories Historical Data

The historical data trend for North Arrow Minerals'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.

North Arrow Minerals Total Inventories Chart

North Arrow Minerals Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Total Inventories
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North Arrow Minerals Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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North Arrow Minerals 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.


North Arrow Minerals  (OTCPK:NHAWF) 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 Arrow Minerals's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2024 is

Net-Net Working Capital Per Share (Q: Jul. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.955+0.75 * 0+0.5 * 0-0.556
-0-0)/17.5802
=0.02

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

North Arrow Minerals's Days Inventory for the three months ended in Jul. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2024 )/Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=0/0.007*365 / 4
=0.00

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

North Arrow Minerals's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2024 ) / Average Total Inventories (Q: Jul. 2024 )
=0.007 / 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.

North Arrow Minerals's Inventory to Revenue for the quarter that ended in Jul. 2024 is calculated as

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


North Arrow Minerals Total Inventories Related Terms

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North Arrow Minerals Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2
North Arrow Minerals Inc is engaged in acquiring, exploring, and evaluating mineral properties in Canada. Its exploration projects include the DeStaffany property, Bathurst Inlet lithium property, MacKay Lake project, Naujaat diamond project, Pikoo diamond project, and the Loki diamond project among others. Geographically, the company operates only in Canada.

North Arrow Minerals Headlines