SPYR Technologies (SPYR Technologies) Total Inventories : $0.12 Mil (As of Sep. 2022)

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What is SPYR Technologies Total Inventories?

SPYR Technologies's total inventories for the quarter that ended in Sep. 2022 was $0.12 Mil. SPYR Technologies's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was $0.12 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SPYR Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SPYR Technologies's Days Inventory for the three months ended in Sep. 2022 was 10,493.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. SPYR Technologies's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.01.

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. SPYR Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 115.00.

SPYR Technologies Total Inventories Historical Data

The historical data trend for SPYR Technologies'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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SPYR Technologies Total Inventories Chart

SPYR Technologies Annual Data

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Total Inventories

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SPYR Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Inventories	Get a 7-Day Free Trial															0.06	-	-	0.12	0.12

SPYR Technologies 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.

SPYR Technologies (OTCPK:SPYR) 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.

SPYR Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

	Net-Net Working Capital Per Share (Q: Sep. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.007	+	0.75 * 0	+	0.5 * 0.115	-	18.677
-	0	-	0)	/	332.793
=	-0.06

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

SPYR Technologies's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0.115	/	0.001	*	365 / 4
	=	10,493.75

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

SPYR Technologies's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2022 )	/	Average Total Inventories (Q: Sep. 2022 )
	=	0.001	/	0.115
	=	0.01

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.

SPYR Technologies's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	0.115	/	0.001
	=	115.00

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.

SPYR Technologies Total Inventories Related Terms

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SPYR Technologies (SPYR Technologies) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

6700 Woodlands Parkway, Suite 230, No. 331, The Woodlands, TX, USA, 77382

Website

https://www.spyr.com

SPYR Technologies is a diversified technology company. The company develops products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries. The Company operates two segments in the Internet of Things (IoT) market. The company through its wholly-owned subsidiary GeoTraq division, develop and manufacture entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring.

Executives

Timothy Matula	director, officer: CEO	175 JACKSON AVE N, SUITE 102, MINNEAPOLIS MN 55343
Tad M Mailander	director	4811 49TH STREET, SAN DIEGO CA 92115
Barry D Loveless	officer: CFO	4643 S ULSTER ST. SUITE 1510, DENVER CO 80237
Jennifer Devon Duettra	officer: Executive Vice President	8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112
James Richard Thompson	officer: President & CEO	8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112