Majestic Gold (TSXV:MJS) Total Inventories: C$5.8 Mil (As of Mar. 2026)


What is Majestic Gold Total Inventories?

Majestic Gold TSXV:MJS Total Inventories is C$5.8 Mil as of Mar. 2026. The stock has 5 warning signs investors should review.

Majestic Gold's total inventories for the quarter that ended in Mar. 2026 was C$5.8 Mil. Majestic Gold's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was C$5.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Majestic Gold's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was C$-0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Majestic Gold's Days Inventory for the three months ended in Mar. 2026 was 51.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Majestic Gold's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.78.

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. Majestic Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.18.

Majestic Gold  (TSXV:MJS) 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.

Majestic Gold's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15.66+0.75 * 0+0.5 * 5.773-132.833
-0-131.663)/1042.664
=-0.24

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

Majestic Gold's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=5.8875/10.497*365 / 4
=51.18

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

Majestic Gold's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=10.497 / 5.8875
=1.78

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.

Majestic Gold's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=5.8875 / 32.313
=0.18

* 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.

Majestic Gold Total Inventories Related Terms

Majestic Gold Total Inventories Historical Data

* Premium members only.

The historical data trend for Majestic Gold'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.

Majestic Gold Total Inventories Chart

Majestic Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 3.64 4.13 3.58 6.00

Majestic Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.41 4.53 5.83 6.00 5.77

Majestic Gold 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 C$5.8 Mil mean?
Majestic Gold (TSXV:MJS) has a Total Inventories of C$5.8 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Majestic Gold and its competitors.
Is Majestic Gold's Total Inventories too high?
Majestic Gold's current Total Inventories is C$5.8 Mil.
How does Majestic Gold's Total Inventories compare to NEM and AU?
Majestic Gold's Total Inventories of C$5.8 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 Majestic Gold and its competitors. Majestic Gold's current Total Inventories is C$5.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (TSXV:MJS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.13, compared to a current price of C$0.10 — trading 23.1% below its estimated fair value. The current Total Inventories is C$5.8 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 Majestic Gold (TSXV:MJS), the current Total Inventories is C$5.8 Mil as of Mar. 2026. 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.

Majestic Gold Business Description

Other Exchanges MJGCF:USAMJT:Germany
Address 306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.