Fortress Minerals (SGX:OAJ) Total Inventories: S$13.36 Mil (As of May. 2026)

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SGX:OAJ Fortress Minerals Ltd SGX:OAJ
55 GF Score
Price S$0.24
GF Value S$0.33
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fortress Minerals Total Inventories?

Fortress Minerals SGX:OAJ -6.00% 55 Total Inventories is S$13.36 Mil as of May. 2026. GuruFocus rates SGX:OAJ with a GF Score™ of 55/100 and a GF Value™ of S$0.33 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Fortress Minerals's total inventories for the quarter that ended in May. 2026 was S$13.36 Mil. Fortress Minerals's average total inventories from the quarter that ended in Feb. 2026 to the quarter that ended in May. 2026 was S$13.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fortress Minerals's Net-Net Working Capital per share for the quarter that ended in May. 2026 was S$-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fortress Minerals's Days Inventory for the three months ended in May. 2026 was 133.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortress Minerals's Inventory Turnover for the quarter that ended in May. 2026 was 0.69.

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. Fortress Minerals's Inventory-to-Revenue for the quarter that ended in May. 2026 was 0.52.


Fortress Minerals  (SGX:OAJ) 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.

Fortress Minerals's Net-Net Working Capital Per Share for the quarter that ended in May. 2026 is

Net-Net Working Capital Per Share (Q: May. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17.193+0.75 * 8.322+0.5 * 13.357-57.538
-0--0.634)/523.316
=-0.05

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

Fortress Minerals's Days Inventory for the three months ended in May. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: May. 2026 )/Cost of Goods Sold (Q: May. 2026 )*Days in Period
=13.0955/8.971*365 / 4
=133.20

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

Fortress Minerals's Inventory Turnover for the quarter that ended in May. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: May. 2026 ) / Average Total Inventories (Q: May. 2026 )
=8.971 / 13.0955
=0.69

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.

Fortress Minerals's Inventory to Revenue for the quarter that ended in May. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2026 ) / Revenue (Q: May. 2026 )
=13.0955 / 25.107
=0.52

* 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.


Fortress Minerals Total Inventories Related Terms


Fortress Minerals Total Inventories Historical Data

* Premium members only.

The historical data trend for Fortress 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.

Fortress Minerals Total Inventories Chart

Fortress Minerals Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 6.22 4.43 8.76 12.83

Fortress Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 9.41 9.46 10.16 12.83 13.36
SGX:OAJ
55GF Score
Fortress Minerals Ltd SGX:OAJ
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortress 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 S$13.36 Mil mean?
Fortress Minerals (SGX:OAJ) has a Total Inventories of S$13.36 Mil as of May. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Fortress Minerals and its competitors.
Is Fortress Minerals' Total Inventories too high?
Fortress Minerals' current Total Inventories is S$13.36 Mil. Overall, Fortress Minerals has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Minerals' Total Inventories compare to NUE and STLD?
Fortress Minerals' Total Inventories of S$13.36 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Inventories depends on the Steel 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 Fortress Minerals and its competitors. Fortress Minerals's current Total Inventories is S$13.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Minerals stock overvalued right now?
Based on GuruFocus' analysis, Fortress Minerals (SGX:OAJ) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.33, compared to a current price of S$0.24 — trading 28.8% below its estimated fair value. The current Total Inventories is S$13.36 Mil. Fortress Minerals' overall GF Score™ is 55/100 with 4 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 Fortress Minerals (SGX:OAJ), the current Total Inventories is S$13.36 Mil as of May. 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.

Is Fortress Minerals (SGX:OAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Minerals stock appears to be undervalued. The current stock price of S$0.24 is trading 28.8% below its estimated GF Value™ of S$0.33. GuruFocus considers Fortress Minerals to be Modestly Undervalued.

Key valuation signals for SGX:OAJ:

  • Total Inventories: S$13.36 Mil
  • GF Value™: S$0.33 vs. price of S$0.24 (28.8% below fair value)
  • GF Score™: 55/100 with 4 warning signs

No single metric tells the full story. See the SGX:OAJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortress Minerals Business Description

Address 9-1, Jalan PJS 8/18, Dataran Mentari, Petaling Jaya, SGR, MYS, 46150
Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in the exploration, mining, production, and sale of iron ore with low levels of impurities. It mines the iron ore from its East, Valley, and West Deposits of Bukit Besi Mine situated in the district of Dungun, state of Terengganu in Malaysia. It derives revenue from the sale of iron ore.
55GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.24
Price
S$0.33
GF Value