Micropac Industries's total inventories for the quarter that ended in Feb. 2024 was $14.50 Mil. Micropac Industries's average total inventories from the quarter that ended in Nov. 2023 to the quarter that ended in Feb. 2024 was $12.99 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Micropac Industries's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $0.60.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Micropac Industries's Days Inventory for the
three
months ended in Feb. 2024 was 338.28.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Micropac Industries's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.27.
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.
Micropac Industries's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 2.12.
Micropac Industries Total Inventories Historical Data
The historical data trend for Micropac 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.
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.
Micropac Industries (OTCPK:MPAD) 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.
Micropac Industries's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is
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.
Micropac Industries's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as
* 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.
Micropac Industries Total Inventories Related Terms
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Micropac Industries (Micropac Industries) Business Description
Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.
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