NMEX (Northern Minerals and Exploration) Total Inventories: $0.00 Mil (As of Apr. 2026)

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What is Northern Minerals and Exploration Total Inventories?

Northern Minerals and Exploration NMEX Total Inventories is $0.00 Mil as of Apr. 2026. The stock has 6 warning signs investors should review.

Northern Minerals and Exploration's total inventories for the quarter that ended in Apr. 2026 was $0.00 Mil. Northern Minerals and Exploration's average total inventories from the quarter that ended in Jan. 2026 to the quarter that ended in Apr. 2026 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Northern Minerals and Exploration's Net-Net Working Capital per share for the quarter that ended in Apr. 2026 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northern Minerals and Exploration's Days Inventory for the three months ended in Apr. 2026 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. Northern Minerals and Exploration's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.00.

Northern Minerals and Exploration  (OTCPK:NMEX) 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.

Northern Minerals and Exploration's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2026 is

Net-Net Working Capital Per Share (Q: Apr. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.017+0.75 * 0.027+0.5 * 0-0.646
-0-0)/111.489
=-0.01

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

Northern Minerals and Exploration's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=0/0.006*365 / 4
=0.00

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

Northern Minerals and Exploration's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2026 ) / Average Total Inventories (Q: Apr. 2026 )
=0.006 / 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.

Northern Minerals and Exploration's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=0 / 0.008
=0.00

* 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.

Northern Minerals and Exploration Total Inventories Related Terms

Northern Minerals and Exploration Total Inventories Historical Data

* Premium members only.

The historical data trend for Northern Minerals and Exploration'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.

Northern Minerals and Exploration Total Inventories Chart

Northern Minerals and Exploration Annual Data
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Total Inventories
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Northern Minerals and Exploration Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.00 0.00

Northern Minerals and Exploration 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 $0.00 Mil mean?
Northern Minerals and Exploration (NMEX) has a Total Inventories of $0.00 Mil as of Apr. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Northern Minerals and Exploration and its competitors.
Is Northern Minerals and Exploration's Total Inventories too high?
Northern Minerals and Exploration's current Total Inventories is $0.00 Mil.
How does Northern Minerals and Exploration's Total Inventories compare to GLNS and SILS?
Northern Minerals and Exploration's Total Inventories of $0.00 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 Northern Minerals and Exploration and its competitors. Northern Minerals and Exploration's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Minerals and Exploration stock overvalued right now?
Northern Minerals and Exploration (NMEX) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 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 Northern Minerals and Exploration (NMEX), the current Total Inventories is $0.00 Mil as of Apr. 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.

Northern Minerals and Exploration Business Description

Address 881 West State Road, Pleasant Grove, UT, USA, 84062
Northern Minerals and Exploration Ltd is an emerging natural resource company operating in oil and gas production in central Texas and exploration for gold and silver in northern Nevada.