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Clearday (Clearday) Total Inventories : $0.00 Mil (As of Sep. 2023)


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What is Clearday Total Inventories?

Clearday's total inventories for the quarter that ended in Sep. 2023 was $0.00 Mil. Clearday's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Clearday's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-2.82.

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. Clearday's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.


Clearday Total Inventories Historical Data

The historical data trend for Clearday'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.

Clearday Total Inventories Chart

Clearday Annual Data
Trend Dec20 Dec21 Dec22
Total Inventories
- - -

Clearday Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Clearday 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.


Clearday  (OTCPK:CLRD) 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.

Clearday's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.1+0.75 * 0+0.5 * 0-44.176
-19.107-10.569)/26.1553
=-2.82

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

Clearday's Days Inventory for the three months ended in Sep. 2023 is calculated as:

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

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

Clearday's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

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

Clearday's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0 / 0.832
=0.00

* 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.


Clearday Total Inventories Related Terms

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Clearday (Clearday) Business Description

Traded in Other Exchanges
N/A
Address
8800 Village Drive, Suite 106, San Antonio, TX, USA, 78217
Clearday Inc is a non-acute health care services company. It operates four residential care facilities and a daycare center that serve primarily older Americans and persons facing cognitive issues such as Alzheimer's and other forms of dementia. Some of its products include Clearday Network, Clearday at Home, Clearday Clubs, and memory care America.
Executives
James Walesa director, 10 percent owner, officer: Chief Executive Officer 1460 RENAISSANCE DR., #212, PARK RIDGE IL 60068
Watson Robert Glen Jr. director 602 ALTA AVENUE, SAN ANTONIO TX 78217
Billie Jay Parrish director, officer: Chief Operating Officer C/O CLEARDAY, INC., 8800 VILLAGE DRIVE, SUITE 106, SAN ANTONIO TX 78217
Elizabeth M. Caveness director 408 EAST CREEKVIEW DRIVE, HAMPSTEAD NC 28443
Alan H Channing director 263 W END AVE., APT 3A, NEW YORK NY 10023
Gary Sawina officer: Executive Vice President 17302 FOUNTAIN VIEW DRIVE, SAN ANTONIO TX 78248
Linda Carrasco officer: President Memory Care America 126 STEEL VALLEY DRIVE, BOERNE TX 78006
Richard M. Morris officer: Executive Vice President 11 AMALFI DRIVE, CORTLANDT MANOR NY 10567
Allied Integral United, Inc. 10 percent owner 2211 NW MILITARY HIGHWAY, SUITE 201, SAN ANTONIO TX 78213
Julia Suzanne Johnson director 1001 RIDDER PARK STREET, SAN JOSE CA 95131
Kopp Family Office, Llc 10 percent owner 8500 NORMANDALE LAKE BOULEVARD, SUITE 475, BLOOMINGTON MN 55437
Dan L Halvorson director 4780 EASTGATE MALL, SAN DIEGO CA 92121
Kenneth E Pfeiffer officer: Vice President Engineering 460 WARD DRIVE, SANTA BARBARA CA 93111
Thomas R Giunta officer: VP Engineering 460 WARD DRIVE, SANTA BARBARA CA 93111
Xiaoxiong Zhang 10 percent owner 3/F, BLOCK B, 11 LANGSHAN RD, HI-TECH INDUSTRIAL PK, NANSHAN DISTRICT, SHENZHEN F4 518057

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