RMRYF (Armory Mining) Total Inventories : $0.00 Mil (As of Aug. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Armory Mining Total Inventories?

Armory Mining's total inventories for the quarter that ended in Aug. 2024 was $0.00 Mil. Armory Mining's average total inventories from the quarter that ended in May. 2024 to the quarter that ended in Aug. 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. Armory Mining's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was $-0.06.

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.

Armory Mining Total Inventories Historical Data

The historical data trend for Armory Mining'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.

Armory Mining Total Inventories Chart

Armory Mining Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Inventories

Get a 7-Day Free Trial

Armory Mining Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Armory Mining 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.

Armory Mining (OTCPK:RMRYF) 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.

Armory Mining's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is

	Net-Net Working Capital Per Share (Q: Aug. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.01	+	0.75 * 0.012	+	0.5 * 0	-	0.674
-	0	-	0)	/	11.21
=	-0.06

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

Armory Mining's Days Inventory for the three months ended in Aug. 2024 is calculated as:

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

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

Armory Mining's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

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

Armory Mining's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2024 )	/	Revenue (Q: Aug. 2024 )
	=	0	/	0
	=

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.

Armory Mining Total Inventories Related Terms

Thank you for viewing the detailed overview of Armory Mining's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Armory Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Armory Mining Corp (OTCPK:RMRYF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

2JS:Germany ARMY:Canada

Address

1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5

Website

https://www.speyresources.ca

Armory Mining Corps is a Canadian lithium-focused mineral exploration company that has an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. Armory also holds a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia, a 100% interest in certain mineral claims located in Haida Gwaii, British Columbia and an option to acquire a 100% interest in certain mineral claims located in Nova Scotia.