VMRI (Valmie Resources) Total Inventories: $0.04 Mil (As of Feb. 2017)


What is Valmie Resources Total Inventories?

Valmie Resources VMRI -99.00% Total Inventories is $0.04 Mil as of Feb. 2017.

Valmie Resources's total inventories for the quarter that ended in Feb. 2017 was $0.04 Mil. Valmie Resources's average total inventories from the quarter that ended in Nov. 2016 to the quarter that ended in Feb. 2017 was $0.02 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Valmie Resources's Net-Net Working Capital per share for the quarter that ended in Feb. 2017 was $-0.00.

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. Valmie Resources's Inventory Turnover for the quarter that ended in Feb. 2017 was 0.00.

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.

Valmie Resources  (OTCPK:VMRI) 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.

Valmie Resources's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2017 is

Net-Net Working Capital Per Share (Q: Feb. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.037+0.75 * 0+0.5 * 0.041-0.229
-0.002-0)/69.038
=-0.00

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

Valmie Resources's Days Inventory for the three months ended in Feb. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2017 )/Cost of Goods Sold (Q: Feb. 2017 )*Days in Period
=0.0225/0*365 / 4
=

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

Valmie Resources's Inventory Turnover for the quarter that ended in Feb. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2017 ) / Average Total Inventories (Q: Feb. 2017 )
=0 / 0.0225
=0.00

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.

Valmie Resources's Inventory to Revenue for the quarter that ended in Feb. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2017 ) / Revenue (Q: Feb. 2017 )
=0.0225 / 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.

Valmie Resources Total Inventories Related Terms

Valmie Resources Total Inventories Historical Data

* Premium members only.

The historical data trend for Valmie Resources'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.

Valmie Resources Total Inventories Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Total Inventories
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.00 0.00 0.00 0.00 0.04

Valmie Resources 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 $0.04 Mil mean?
Valmie Resources (VMRI) has a Total Inventories of $0.04 Mil as of Feb. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Valmie Resources and its competitors.
Is Valmie Resources' Total Inventories too high?
Valmie Resources' current Total Inventories is $0.04 Mil.
How does Valmie Resources' Total Inventories compare to CRTG and SFIV?
Valmie Resources' Total Inventories of $0.04 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Inventories depends on the Hardware 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 Valmie Resources and its competitors. Valmie Resources's current Total Inventories is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) has a current Total Inventories of $0.04 Mil. The current Total Inventories is $0.04 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 Valmie Resources (VMRI), the current Total Inventories is $0.04 Mil as of Feb. 2017. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.