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Greenridge Exploration (XCNQ:GXP) Total Inventories : C$0.00 Mil (As of May. 2024)


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What is Greenridge Exploration Total Inventories?

Greenridge Exploration's total inventories for the quarter that ended in May. 2024 was C$0.00 Mil. Greenridge Exploration's average total inventories from the quarter that ended in Feb. 2024 to the quarter that ended in May. 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. Greenridge Exploration's Net-Net Working Capital per share for the quarter that ended in May. 2024 was C$0.09.

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.


Greenridge Exploration Total Inventories Historical Data

The historical data trend for Greenridge 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.

Greenridge Exploration Total Inventories Chart

Greenridge Exploration Annual Data
Trend Aug23
Total Inventories
-

Greenridge Exploration Quarterly Data
May23 Aug23 Nov23 Feb24 May24
Total Inventories - - - - -

Greenridge 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.


Greenridge Exploration  (XCNQ:GXP) 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.

Greenridge Exploration's Net-Net Working Capital Per Share for the quarter that ended in May. 2024 is

Net-Net Working Capital Per Share (Q: May. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.816+0.75 * 0+0.5 * 0-0.092
-0-0)/30.3924
=0.09

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

Greenridge Exploration's Days Inventory for the three months ended in May. 2024 is calculated as:

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

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

Greenridge Exploration's Inventory Turnover for the quarter that ended in May. 2024 is calculated as

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

Greenridge Exploration's Inventory to Revenue for the quarter that ended in May. 2024 is calculated as

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


Greenridge Exploration Total Inventories Related Terms

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Greenridge Exploration Business Description

Comparable Companies
Traded in Other Exchanges
Address
905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6
Website
Greenridge Exploration Inc is engaged in mineral exploration in Canada and its objective is to locate and, if warranted, develop economic mineral properties. It holds interest in Weyman Property which comprises 7 map-staked mineral claims covering nearly 2,803.89 hectares in the Kamloops and Nicola Mining Divisions and in the Thompson Nicola Regional District on the Thompson Plateau of Southern British Columbia.
Executives
James Russell Starr Senior Officer
Mandeep Parmar Director

Greenridge Exploration Headlines

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