George Risk Industries (George Risk Industries) Total Inventories : $12.09 Mil (As of Jan. 2024)

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What is George Risk Industries Total Inventories?

George Risk Industries's total inventories for the quarter that ended in Jan. 2024 was $12.09 Mil. George Risk Industries's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $12.35 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. George Risk Industries's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $8.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. George Risk Industries's Days Inventory for the three months ended in Jan. 2024 was 412.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. George Risk Industries's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.22.

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. George Risk Industries's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 2.29.

George Risk Industries Total Inventories Historical Data

The historical data trend for George Risk Industries'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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George Risk Industries Total Inventories Chart

George Risk Industries Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Inventories

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4.58

5.10

5.62

7.94

11.44

George Risk Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Inventories	Get a 7-Day Free Trial															10.30	11.44	11.96	12.61	12.09

George Risk Industries 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.

George Risk Industries (OTCPK:RSKIA) 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.

George Risk Industries's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

	Net-Net Working Capital Per Share (Q: Jan. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(38.964	+	0.75 * 4.059	+	0.5 * 12.088	-	6.363
-	0.099	-	0)	/	4.89883
=	8.49

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

George Risk Industries's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	12.348	/	2.734	*	365 / 4
	=	412.13

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

George Risk Industries's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	2.734	/	12.348
	=	0.22

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.

George Risk Industries's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	12.348	/	5.394
	=	2.29

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.

George Risk Industries Total Inventories Related Terms

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George Risk Industries (George Risk Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » George Risk Industries Inc (OTCPK:RSKIA) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

802 South Elm Street, Kimball, NE, USA, 69145

Website

https://www.grisk.com

George Risk Industries Inc manufactures security products. The company is engaged in the designing, manufacturing, and sale of various products which include magnetic reed switches as well as keyboards and keyboard switches, proximity sensors, security alarm components, pool access alarms, liquid detection sensors, raceway wire covers, wire, and cable installation tools and various other sensors and devices. These security products are used in alarm system installations in the residential, commercial, industrial, and government sectors and generate maximum revenue for the company.

Executives

Bonita Risk Family Irrevocable Trust	10 percent owner	705 JEFFERSON ST., KIMBALL NE 69145
Kenneth R. Risk Revocable Trust Now Irrevocable	10 percent owner	214 W. 9TH ST., KIMBALL NE 69145
Bonita Pauline Risk	director	802 S. ELM ST., KIMBALL NE 69145
Stephanie Maire Risk-mcelroy	officer: Chief Financial Officer	802 S. ELM ST., KIMBALL NE 69145
Sharon Alberta Westby	officer: Secretary	802 S. ELM ST., KIMBALL NE 69145
Donna Dean Debowey	director	802 S. ELM ST., KIMBALL NE 69145
Daniel Roger Douglas	officer: Vice President, Materials	802 S. ELM ST., KIMBALL NE 69145