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AquaBounty Technologies's total inventories for the quarter that ended in Mar. 2024 was $0.47 Mil. AquaBounty Technologies's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $1.10 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AquaBounty Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-4.86.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AquaBounty Technologies's Days Inventory for the three months ended in Mar. 2024 was 22.49.
Inventory Turnover measures how fast the company turns over its inventory within a year. AquaBounty Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.06.
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. AquaBounty Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.31.
The historical data trend for AquaBounty 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.
AquaBounty Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 1.23 | 1.53 | 1.26 | 2.28 | 1.73 |
AquaBounty Technologies Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Inventories | Get a 7-Day Free Trial | 2.38 | 2.35 | 1.94 | 1.73 | 0.47 |
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.
AquaBounty Technologies (NAS:AQB) 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.
AquaBounty Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is
Net-Net Working Capital Per Share (Q: Mar. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (2.592 | + | 0.75 * 1.029 | + | 0.5 * 0.472 | - | 22.337 |
- | 0 | - | 0) | / | 3.85744 | ||
= | -4.86 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
AquaBounty Technologies's Days Inventory for the three months ended in Mar. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Mar. 2024 ) | / | Cost of Goods Sold (Q: Mar. 2024 ) | * | Days in Period |
= | 1.103 | / | 4.476 | * | 365 / 4 | |
= | 22.49 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
AquaBounty Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Mar. 2024 ) | / | Average Total Inventories (Q: Mar. 2024 ) |
= | 4.476 | / | 1.103 | |
= | 4.06 |
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.
AquaBounty Technologies's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Mar. 2024 ) | / | Revenue (Q: Mar. 2024 ) |
= | 1.103 | / | 0.477 | |
= | 2.31 |
* 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.
Thank you for viewing the detailed overview of AquaBounty Technologies's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Melbourne David Francis Jr | officer: President | 2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754 |
Gail Sharps Myers | director | 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
Christine St.clare | director | 405 EAGLEVIEW BLVD., EXTON PA 19341 |
Erin S Sharp | director | THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202 |
Michael K Stern | director | 800 N. LINDBERGH BLVD, A3SA, ST LOUIS MO 63167 |
Ricardo J Alvarez | director | 2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754 |
Sylvia Wulf | director, officer: CEO & Director | 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754 |
David A Frank | officer: See Remarks | 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754 |
Alana Czypinski | director | 1881 GROVE AVENUE, RADFORD VA 24141 |
Randal J Kirk | 10 percent owner | 1881 GROVE AVENUE, RADFORD VA 24141 |
Angela M Olsen | officer: General Counsel & Corp Sec | C/O AQUABOUNTY TECHNOLOGIES, INC., 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754 |
Richard L Huber | director | 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754 |
Rick L. Sterling | director | 20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876 |
Turk James C Jr | director | TWO CLOCK TOWER PLACE, SUITE 395, MAYNARD MA 01745 |
Theodore John Fisher | director | 1881 GROVE AVENUE, RADFORD VA 24141 |
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