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FPX Nickel (TSXV:FPX) Total Inventories : C$0.00 Mil (As of Dec. 2024)


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What is FPX Nickel Total Inventories?

FPX Nickel's total inventories for the quarter that ended in Dec. 2024 was C$0.00 Mil. FPX Nickel's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was C$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FPX Nickel's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FPX Nickel's Days Inventory for the three months ended in Dec. 2024 was 0.00.

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.


FPX Nickel Total Inventories Historical Data

The historical data trend for FPX Nickel'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.

FPX Nickel Total Inventories Chart

FPX Nickel Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
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FPX Nickel Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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FPX Nickel 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.


FPX Nickel  (TSXV:FPX) 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.

FPX Nickel's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(34.066+0.75 * 0+0.5 * 0-4.212
-0-1.418)/314.656
=0.09

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

FPX Nickel's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0/0.069*365 / 4
=0.00

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

FPX Nickel's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=0.069 / 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.

FPX Nickel's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

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


FPX Nickel Total Inventories Related Terms

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FPX Nickel Business Description

Traded in Other Exchanges
Address
1155 West Pender Street, Suite 320, Vancouver, BC, CAN, V6E 2P4
FPX Nickel Corp focuses is involved in the acquisition and exploration of mineral property interests that are considered potential sites of economic mineralization. Its projects portfolio includes Decar Nickel District, Mich Property, Yukon; Orca Property; Wale Property; and Klow Property; in British Columbia.
Executives
Peter Joseph Marshall Director
Allyn Knoche 10% Security Holder
Andrew Osterloh Senior Officer
Martin Emery Joseph Turenne Senior Officer
Felicia Andrea De La Paz Senior Officer
James Gilbert Director
Keith Mark Patterson Senior Officer
William Myckatyn Director
Peter Martin Devenish Bradshaw Senior Officer
Robert Pease Director
Anne Roberta Currie Director