SWYDF (Stornoway Diamond) Total Inventories: $43.6 Mil (As of Jun. 2019)


What is Stornoway Diamond Total Inventories?

Stornoway Diamond SWYDF Total Inventories is $43.6 Mil as of Jun. 2019.

Stornoway Diamond's total inventories for the quarter that ended in Jun. 2019 was $43.6 Mil. Stornoway Diamond's average total inventories from the quarter that ended in Mar. 2019 to the quarter that ended in Jun. 2019 was $47.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Stornoway Diamond's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was $-0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stornoway Diamond's Days Inventory for the three months ended in Jun. 2019 was 73.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stornoway Diamond's Inventory Turnover for the quarter that ended in Jun. 2019 was 1.24.

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. Stornoway Diamond's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.33.

Stornoway Diamond  (OTCPK:SWYDF) 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.

Stornoway Diamond's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 is

Net-Net Working Capital Per Share (Q: Jun. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.056+0.75 * 4.208+0.5 * 43.634-519.431
-0-0)/926.583
=-0.52

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

Stornoway Diamond's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2019 )/Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=46.972/58.168*365 / 4
=73.69

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

Stornoway Diamond's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2019 ) / Average Total Inventories (Q: Jun. 2019 )
=58.168 / 46.972
=1.24

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.

Stornoway Diamond's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=46.972 / 142.547
=0.33

* 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.

Stornoway Diamond Total Inventories Related Terms

Stornoway Diamond Total Inventories Historical Data

* Premium members only.

The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Total Inventories Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.00 29.82 39.19 50.26

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 27.31 33.89 50.26 50.31 43.63

Stornoway Diamond 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 $43.6 Mil mean?
Stornoway Diamond (SWYDF) has a Total Inventories of $43.6 Mil as of Jun. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for Stornoway Diamond and its competitors.
Is Stornoway Diamond's Total Inventories too high?
Stornoway Diamond's current Total Inventories is $43.6 Mil.
How does Stornoway Diamond's Total Inventories compare to DYNR and CTDT?
Stornoway Diamond's Total Inventories of $43.6 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 Stornoway Diamond and its competitors. Stornoway Diamond's current Total Inventories is $43.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current Total Inventories of $43.6 Mil. The current Total Inventories is $43.6 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 Stornoway Diamond (SWYDF), the current Total Inventories is $43.6 Mil as of Jun. 2019. 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.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.