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Voyageur Mineral Explorers (XCNQ:VOY) Total Inventories : C$0.00 Mil (As of Nov. 2024)


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What is Voyageur Mineral Explorers Total Inventories?

Voyageur Mineral Explorers's total inventories for the quarter that ended in Nov. 2024 was C$0.00 Mil. Voyageur Mineral Explorers's average total inventories from the quarter that ended in Aug. 2024 to the quarter that ended in Nov. 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. Voyageur Mineral Explorers's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was C$0.03.

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.


Voyageur Mineral Explorers Total Inventories Historical Data

The historical data trend for Voyageur Mineral Explorers'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.

Voyageur Mineral Explorers Total Inventories Chart

Voyageur Mineral Explorers Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Total Inventories
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Voyageur Mineral Explorers Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Voyageur Mineral Explorers 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.


Voyageur Mineral Explorers  (XCNQ:VOY) 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.

Voyageur Mineral Explorers's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2024 is

Net-Net Working Capital Per Share (Q: Nov. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.864+0.75 * 0+0.5 * 0-0.049
-0-0)/32.268
=0.03

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

Voyageur Mineral Explorers's Days Inventory for the three months ended in Nov. 2024 is calculated as:

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

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

Voyageur Mineral Explorers's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

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

Voyageur Mineral Explorers's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

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


Voyageur Mineral Explorers Total Inventories Related Terms

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Voyageur Mineral Explorers Business Description

Traded in Other Exchanges
N/A
Address
141 Adelaide Street West, Suite 301, Toronto, ON, CAN, M5H 3L5
Voyageur Mineral Explorers Corp is a Canadian junior mineral exploration company with a specific focus on mineral properties in Northwest Manitoba and Northeast Saskatchewan. All of the Company's properties are currently in the exploration stage. The group is engaged in the identification, acquisition, exploration, and evaluation of base metals and gold properties. The Company also holds a portfolio of royalties on numerous exploration properties. The Group Projects include Big Island Properties, Alberts Lake Properties, Mink Narrows Properties, Gold Rock- North Star Property, and Hanson Lake Mine Area.
Executives
Fraser James Laschinger Director, Senior Officer
Robert Douglas Cudney 10% Security Holder, Director, Senior Officer
Stephen Leo Masson 10% Security Holder
Brian Howlett Director, Senior Officer

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