GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tombstone Exploration Corp (OTCPK:TMBXF) » Definitions » Total Inventories

Tombstone Exploration (Tombstone Exploration) Total Inventories : $0.00 Mil (As of Dec. 2021)


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

What is Tombstone Exploration Total Inventories?

Tombstone Exploration's total inventories for the quarter that ended in Dec. 2021 was $0.00 Mil. Tombstone Exploration's average total inventories from the quarter that ended in Dec. 2020 to the quarter that ended in Dec. 2021 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tombstone Exploration's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 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.


Tombstone Exploration Total Inventories Historical Data

The historical data trend for Tombstone Exploration'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.

Tombstone Exploration Total Inventories Chart

Tombstone Exploration Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tombstone Exploration Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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 - - - - -

Tombstone Exploration 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.


Tombstone Exploration  (OTCPK:TMBXF) 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.

Tombstone Exploration's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 is

Net-Net Working Capital Per Share (Q: Dec. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.167+0.75 * 0+0.5 * 0-0.845
-0-0)/11.5407
=-0.06

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

Tombstone Exploration's Days Inventory for the six months ended in Dec. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2021 )/Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=0/0*365 / 2
=

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

Tombstone Exploration's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2021 ) / Average Total Inventories (Q: Dec. 2021 )
=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.

Tombstone Exploration's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=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.


Tombstone Exploration Total Inventories Related Terms

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


Tombstone Exploration (Tombstone Exploration) Business Description

Traded in Other Exchanges
N/A
Address
6529 E. Friess Drive, Scottsdale, AZ, USA, 85254
Tombstone Exploration Corp is an exploration-stage mineral resource company. Its focus of operations has been to generate revenue from the production of silver and gold as well as additional base minerals such as copper, lead, and zinc. The company's objective is to produce metals and minerals below standard industry costs. It holds mineral rights to the Stardust mine located in Yuma County, Arizona. The company's projects include The Bonanza Project, The Tombstone Project, and the Stardust Project.

Tombstone Exploration (Tombstone Exploration) Headlines

From GuruFocus

Tombstone Exploration Corporation Announces Construction Has Commenced

By GlobeNewswire GlobeNewswire 06-11-2020