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Metavesco (Metavesco) Total Inventories : $0.01 Mil (As of Jun. 2023)


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What is Metavesco Total Inventories?

Metavesco's total inventories for the quarter that ended in Jun. 2023 was $0.01 Mil. Metavesco's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 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. Metavesco's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.00.

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. Metavesco's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.00.

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. Metavesco's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.13.


Metavesco Total Inventories Historical Data

The historical data trend for Metavesco'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.

Metavesco Total Inventories Chart

Metavesco Annual Data
Trend Jun08 Jun09 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

Metavesco Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - 0.01

Metavesco 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.


Metavesco  (OTCPK:MVCO) 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.

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

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.017+0.75 * 0+0.5 * 0.008-0.33
-0-0)/66.3221
=-0.00

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

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

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.004/0*365 / 4
=

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

Metavesco's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=0 / 0.004
=0.00

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0.004 / 0.03
=0.13

* 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.


Metavesco Total Inventories Related Terms

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Metavesco (Metavesco) Business Description

Traded in Other Exchanges
N/A
Address
410 Peachtree Pkwy, Suite 4245, Cumming, GA, USA, 30041
Metavesco Inc is a web3 enterprise and digital asset innovator. It has three areas of focus which include Liquidity Provider, Staking, and NFTs. The company has bitcoin mining operations at its hosted facilities in TX and KY. It generates income as a liquidity provider, via decentralized exchanges such as Uniswap.
Executives
Whiting Chisman director
Franklin P Earley director, officer: CEO 2505 CHEYNE WALK, VIRGINIA BEACH VA 23454
Marvin S Friedberg director PO BOX 826, VIRGINIA BEACH VA 23451
Eric L Fox director
Litton T Richard Jr director 1051 CAMBRIDGE CRESCENT, NORFOLK VA 23508
Lex W Troutman officer: Vice President 1332 CLONCURRY ROAD, NORFOLK VA 23505
Martin N Speroni officer: Vice President 793 CHIPPENDALE DRIVE, VIRGINIA BEACH VA 23455
Ernest Hardee director
Meredith Peter M Jr director MEREDITH CONSTRUCTION CO., INC., PO BOX 11265, NORFOLK VA 23517-0265
J Alan Lindauer director, officer: President/CEO 500 E MAIN STREET #8700, NORFOLK VA 23510
Harris Henry V Iii director
Richard G Ornstein director

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