RYMM (Royal Mines & Minerals) Total Inventories: $0.00 Mil (As of Jul. 2017)

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What is Royal Mines & Minerals Total Inventories?

Royal Mines & Minerals RYMM -99.50% Total Inventories is $0.00 Mil as of Jul. 2017.

Royal Mines & Minerals's total inventories for the quarter that ended in Jul. 2017 was $0.00 Mil. Royal Mines & Minerals's average total inventories from the quarter that ended in Apr. 2017 to the quarter that ended in Jul. 2017 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Royal Mines & Minerals's Net-Net Working Capital per share for the quarter that ended in Jul. 2017 was $-0.01.

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

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.


Royal Mines & Minerals  (OTCPK:RYMM) 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.

Royal Mines & Minerals's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2017 is

Net-Net Working Capital Per Share (Q: Jul. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.003+0.75 * 0+0.5 * 0-2.933
-0-0)/245.199
=-0.01

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

Royal Mines & Minerals's Days Inventory for the three months ended in Jul. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2017 )/Cost of Goods Sold (Q: Jul. 2017 )*Days in Period
=0/0*365 / 4
=

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

Royal Mines & Minerals's Inventory Turnover for the quarter that ended in Jul. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2017 ) / Average Total Inventories (Q: Jul. 2017 )
=0 / 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.

Royal Mines & Minerals's Inventory to Revenue for the quarter that ended in Jul. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2017 ) / Revenue (Q: Jul. 2017 )
=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.


Royal Mines & Minerals Total Inventories Related Terms


Royal Mines & Minerals Total Inventories Historical Data

* Premium members only.

The historical data trend for Royal Mines & 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.

Royal Mines & Minerals Total Inventories Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Total Inventories
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Royal Mines & Minerals Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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Royal Mines & 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
Royal Mines & Minerals (RYMM) has a Total Inventories of $0.00 Mil as of Jul. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Total Inventories too high?
Royal Mines & Minerals' current Total Inventories is $0.00 Mil.
How does Royal Mines & Minerals' Total Inventories compare to competitors?
Royal Mines & Minerals' 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 Royal Mines & Minerals and its competitors. Royal Mines & Minerals'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 Royal Mines & Minerals stock overvalued right now?
Royal Mines & Minerals (RYMM) 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 Royal Mines & Minerals (RYMM), the current Total Inventories is $0.00 Mil as of Jul. 2017. 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.

Royal Mines & Minerals Business Description

Address 1080 Wigwam Parkway, Henderson, NV, USA, 89072
Royal Mines & Minerals Corp is involved in the business of the development of mining technologies for the extraction of precious metals. Its main objectives are to extract and refine precious metals from coal ash, ores, and other leachable assets, use its proprietary processes to create assets and joint venture, acquire and develop mining projects in North America.