MPX International (STU:2J6) Total Inventories : €2.98 Mil (As of Mar. 2022)

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What is MPX International Total Inventories?

MPX International's total inventories for the quarter that ended in Mar. 2022 was €2.98 Mil. MPX International's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Mar. 2022 was €2.81 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MPX International's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was €-0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MPX International's Days Inventory for the three months ended in Mar. 2022 was 571.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. MPX International's Inventory Turnover for the quarter that ended in Mar. 2022 was 0.16.

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. MPX International's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 1.94.

MPX International Total Inventories Historical Data

The historical data trend for MPX International'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.

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MPX International Total Inventories Chart

MPX International Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Total Inventories

0.07

6.15

3.10

2.21

MPX International Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Total Inventories	Get a 7-Day Free Trial												3.07	3.20	2.21	2.64	2.98

MPX International 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.

MPX International (STU:2J6) 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.

MPX International's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is

	Net-Net Working Capital Per Share (Q: Mar. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.657	+	0.75 * 0.494	+	0.5 * 2.978	-	26.712
-	0	-	2.119)	/	144.323
=	-0.18

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

MPX International's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2022 )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
	=	2.811	/	0.449	*	365 / 4
	=	571.28

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

MPX International's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2022 )	/	Average Total Inventories (Q: Mar. 2022 )
	=	0.449	/	2.811
	=	0.16

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.

MPX International's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2022 )	/	Revenue (Q: Mar. 2022 )
	=	2.811	/	1.449
	=	1.94

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.

MPX International Total Inventories Related Terms

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MPX International (STU:2J6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MPX International Corp (STU:2J6) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

5255 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6P4

Website

https://www.mpxinternationalcorp.com

MPX International Corp is a diversified cannabis company focused on developing and operating assets across the global medical and adult use and engaged in cultivating, manufacturing and marketing products that include cannabinoids as their primary active ingredient. The firm is organized into three segments: Canada, Europe/Africa, and Asia-Pacific. The Canada operating segment's principal business activities consist of production and sale of cannabis, video learning and engagement, patient counselling and referral services. The Europe/Africa operating segment's consist of the production and sale of cannabis and hemp-related products. The Asia-Pacific consist of the production and sale of cannabis. The majority of the revenue is generated in Canada.

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