NMGX (Nano Magic) Total Inventories: $0.57 Mil (As of Mar. 2025)

What is Nano Magic Total Inventories?

Nano Magic NMGX Total Inventories is $0.57 Mil as of Mar. 2025.

Nano Magic's total inventories for the quarter that ended in Mar. 2025 was $0.57 Mil. Nano Magic's average total inventories from the quarter that ended in Dec. 2024 to the quarter that ended in Mar. 2025 was $0.65 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nano Magic's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was $-0.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nano Magic's Days Inventory for the three months ended in Mar. 2025 was 91.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nano Magic's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.00.

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. Nano Magic's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.03.

Nano Magic (OTCPK:NMGX) 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.

Nano Magic's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 is

	Net-Net Working Capital Per Share (Q: Mar. 2025 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.088	+	0.75 * 0.147	+	0.5 * 0.573	-	3.425
-	0	-	0)	/	14.597
=	-0.20

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

Nano Magic's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	0.646	/	0.644	*	365 / 4
	=	91.53

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

Nano Magic's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2025 )	/	Average Total Inventories (Q: Mar. 2025 )
	=	0.644	/	0.646
	=	1.00

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.

Nano Magic's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	0.646	/	0.628
	=	1.03

* 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.

Nano Magic Total Inventories Related Terms

Nano Magic Total Inventories Historical Data

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The historical data trend for Nano Magic's Total Inventories can be seen below:

Nano Magic Total Inventories Chart

Nano Magic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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0.84

1.38

1.12

0.85

0.72

Nano Magic Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Total Inventories	Get a 7-Day Free Trial															0.78	0.75	0.72	0.72	0.57

Nano Magic 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 $0.57 Mil mean?

Nano Magic (NMGX) has a Total Inventories of $0.57 Mil as of Mar. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Nano Magic and its competitors.

Is Nano Magic's Total Inventories too high?

Nano Magic's current Total Inventories is $0.57 Mil.

How does Nano Magic's Total Inventories compare to CNEY and BGLC?

Nano Magic's Total Inventories of $0.57 Mil can be compared against companies in the Chemicals 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 Chemicals company?

A good Total Inventories depends on the Chemicals 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 Nano Magic and its competitors. Nano Magic's current Total Inventories is $0.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nano Magic stock overvalued right now?

Nano Magic (NMGX) has a current Total Inventories of $0.57 Mil. The current Total Inventories is $0.57 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 Nano Magic (NMGX), the current Total Inventories is $0.57 Mil as of Mar. 2025. 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.

Nano Magic Business Description

Industry Basic Materials Chemicals

Comparable Companies CNEY BGLC YMAT VYST BSLK VRSRF ILDO HGAS CRKN GLGI LIN XPAR:AI SHW ECL APD SHSE:600309 XSWX:GIVN ISX:TPIA XSWX:SIKA OCSE:NSIS B

Address 31601 Research Park Drive, Madison Heights, MI, USA, 48071

Website https://www.nanomagic.com

Nano Magic Inc is engaged in the marketing and sale of products enabled by nanotechnology. It develops and sells products based on its portfolio of intellectual property and its products include a portfolio of nano-layer coatings, nano-based cleaners, printable inks, pastes, and thermal management materials. Its products can be used on eyeglasses, extreme sports, and safety glasses and goggles, electronic screens, windows, mirrors, shower doors, and cleaning everyday household surfaces. The majority of revenue is from the United States.