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Highcliff Metals (TSXV:HCM.H) Total Inventories : C$0.00 Mil (As of Jan. 2023)


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What is Highcliff Metals Total Inventories?

Highcliff Metals's total inventories for the quarter that ended in Jan. 2023 was C$0.00 Mil. Highcliff Metals's average total inventories from the quarter that ended in Oct. 2022 to the quarter that ended in Jan. 2023 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. Highcliff Metals's Net-Net Working Capital per share for the quarter that ended in Jan. 2023 was C$-5.37.

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.


Highcliff Metals Total Inventories Historical Data

The historical data trend for Highcliff Metals'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.

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Highcliff Metals Total Inventories Chart

Highcliff Metals Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Total Inventories
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Highcliff Metals Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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Highcliff Metals 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.


Highcliff Metals  (TSXV:HCM.H) 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.

Highcliff Metals's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2023 is

Net-Net Working Capital Per Share (Q: Jan. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.02+0.75 * 0.013+0.5 * 0-50.322
-0-0)/9.37302
=-5.37

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

Highcliff Metals's Days Inventory for the three months ended in Jan. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2023 )/Cost of Goods Sold (Q: Jan. 2023 )*Days in Period
=0/0*365 / 4
=

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

Highcliff Metals's Inventory Turnover for the quarter that ended in Jan. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2023 ) / Average Total Inventories (Q: Jan. 2023 )
=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.

Highcliff Metals's Inventory to Revenue for the quarter that ended in Jan. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2023 ) / Revenue (Q: Jan. 2023 )
=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.


Highcliff Metals Total Inventories Related Terms

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Highcliff Metals (TSXV:HCM.H) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 704, Vancouver, BC, CAN, V6C 2T5
Highcliff Metals Corp is engaged in the development of the Helmer-Bovill industrial mineral property located in Latah County, Idaho. The Helmer-Bovill property is comprised of eleven mineral leases that host potentially economic deposits of feldspar, quartz and kaolinitic clays, kaolinite and halloysite.

Highcliff Metals (TSXV:HCM.H) Headlines

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