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C-Bond Systems (C-Bond Systems) Total Inventories : $0.10 Mil (As of Mar. 2024)


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What is C-Bond Systems Total Inventories?

C-Bond Systems's total inventories for the quarter that ended in Mar. 2024 was $0.10 Mil. C-Bond Systems's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.14 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. C-Bond Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. C-Bond Systems's Days Inventory for the three months ended in Mar. 2024 was 28.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. C-Bond Systems's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.25.

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. C-Bond Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.


C-Bond Systems Total Inventories Historical Data

The historical data trend for C-Bond Systems'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.

C-Bond Systems Total Inventories Chart

C-Bond Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.08 0.08 0.08 0.18

C-Bond Systems 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.12 0.11 0.18 0.10

C-Bond Systems 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.


C-Bond Systems  (OTCPK:CBNT) 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.

C-Bond Systems'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)
=(0.198+0.75 * 0.507+0.5 * 0.102-3.074
-3.034-0.151)/539.123
=-0.01

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

C-Bond Systems'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
=0.142/0.462*365 / 4
=28.05

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

C-Bond Systems'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 )
=0.462 / 0.142
=3.25

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.

C-Bond Systems'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 )
=0.142 / 0.937
=0.15

* 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.


C-Bond Systems Total Inventories Related Terms

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C-Bond Systems (C-Bond Systems) Business Description

Traded in Other Exchanges
N/A
Address
6035 South Loop East, Houston, TX, USA, 80525
C-Bond Systems Inc is a nanotechnology company and owner, developer, and manufacturer of the patented C-Bond technology. It operates in two divisions: C-Bond and Mobile Tint. The company generates maximum revenue from the Mobile Tint segment. Mobile Tint segment is engaged in the distribution and installation of window film solutions. C-Bond segment is engaged in the manufacturing and sale of a windshield strengthening water repellent solution as well as a disinfection product, and the sale of multi-purpose glass strengthening primer and window film mounting solutions, including ballistic-resistant film systems and a forced entry system.
Executives
Allison F Tomek director, officer: PRESIDENT 6035 SOUTH LOOP EAST, HOUSTON TX 77033
Barry M Edelstein director 1100 GREEN VALLEY ROAD, BRYN MAWR PA 19010
Scott Viggo Thomsen director 6035 SOUTH LOOP EAST, HOUSTON TX 77033
Scott R Silverman officer: CEO, PRESIDENT
Pugliese Vincent Joseph Alfred officer: CEO, Int CFO, Treas., Sec. 6035 SOUTH LOOP EAST, HOUSTON CO 77033
Boco Investments Llc 10 percent owner 103 WEST MOUNTAIN AVENUE, FORT COLLINS CO 80524
Joni K Troska officer: Secretary 123 NORTH COLLEGE DRIVE, STE. 200, FT. COLLINGS CO 80524
Brian L Klemsz director, officer: CEO and CFO 1601 OFFICERS ROW, VANCOUVER WA 98661

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