OIGBQ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
OIGBQ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Orbital Infrastructure Group's total inventories for the quarter that ended in Mar. 2023 was $1.9 Mil. Orbital Infrastructure Group's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Mar. 2023 was $1.8 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Orbital Infrastructure Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-77.84.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orbital Infrastructure Group's Days Inventory for the three months ended in Mar. 2023 was 2.45.
Inventory Turnover measures how fast the company turns over its inventory within a year. Orbital Infrastructure Group's Inventory Turnover for the quarter that ended in Mar. 2023 was 37.24.
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. Orbital Infrastructure Group's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.02.
The historical data trend for Orbital Infrastructure Group'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.
Orbital Infrastructure Group Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 1.62 | 1.63 | - | 1.34 | 1.69 |
Orbital Infrastructure Group Quarterly Data | ||||||||||||||||||||
Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | |
Total Inventories | Get a 7-Day Free Trial | 1.30 | 1.08 | 1.41 | 1.69 | 1.86 |
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.
Orbital Infrastructure Group (OTCPK:OIGBQ) 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.
Orbital Infrastructure Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is
Net-Net Working Capital Per Share (Q: Mar. 2023 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (23.993 | + | 0.75 * 49.968 | + | 0.5 * 1.857 | - | 427.716 |
- | 0 | - | -4.387) | / | 4.6366 | ||
= | -77.84 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Orbital Infrastructure Group's Days Inventory for the three months ended in Mar. 2023 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Mar. 2023 ) | / | Cost of Goods Sold (Q: Mar. 2023 ) | * | Days in Period |
= | 1.774 | / | 66.069 | * | 365 / 4 | |
= | 2.45 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Orbital Infrastructure Group's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Mar. 2023 ) | / | Average Total Inventories (Q: Mar. 2023 ) |
= | 66.069 | / | 1.774 | |
= | 37.24 |
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.
Orbital Infrastructure Group's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Mar. 2023 ) | / | Revenue (Q: Mar. 2023 ) |
= | 1.774 | / | 80.186 | |
= | 0.02 |
* 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 Orbital Infrastructure Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Steve Cochennet | director | 4500 GREENWICH PLACE, AMARILLO TX 79119 |
James F Oneil | director | C/O FIRSTENERGY CORP., 76 SOUTH MAIN STREET, AKRON OH 44308 |
Nicholas M Grindstaff | officer: Chief Financial Officer | QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175 |
La Doris Harris | officer: CDO and CEO OSS | ORBITAL ENERGY GROUP, INC., 1924 ALDINE WESTERN, HOUSTON TX 77038-1204 |
Jerry Sue Thornton | director | C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920 |
Laforrest V Williams | director | 1924 ALDINE WESTERN, HOUSTON TX 77038-1204 |
Paul T Addison | director | C/O FIRSTENERGY CORP., 76 S. MAIN ST., AKRON OH 44308 |
Daniel Ned Ford | officer: Chief Financial Officer | 20050 SW 112TH AVENUE, TUALATIN OR 97062 |
William J Clough | director, officer: President/CEO | 200 9TH AVENUE NORTH, SUITE 210, SAFETY HARBOR FL 34695 |
Sarah Tucker | director | 1707 1/2 POST OAK BLVD, HOUSTON TX 77056 |
Paul Dwayne White | director | 3271 SWEET DR, LAFAYETTE CA 94549 |
Matthew Murdock Mckenzie | director, officer: Corporate Secretary | 13120 SW BEDFORD ST, TIGARD OR 97224 |
Sean P Rooney | director | 20050 SW 112 AVENUE, TUALATIN OR 97062 |
Thomas A Price | director | 601 BRANNAN STREET, SAN FRANCISCO CA 94107 |
Joseph A Mills | director | EAGLE ROCK ENERGY PARTNERS, L.P., P.O. BOX 2968, HOUSTON TX 77252-2968 |
From GuruFocus
By GuruFocus Research • 08-28-2023
By PRNewswire PRNewswire • 07-10-2022
By PRNewswire PRNewswire • 06-10-2022
By PRNewswire • 08-24-2023
By PRNewswire PRNewswire • 06-20-2022
By PRNewswire PRNewswire • 05-03-2022
By GuruFocus Research • 08-28-2023
By PRNewswire PRNewswire • 05-21-2022
By PRNewswire PRNewswire • 05-11-2022
By PRNewswire PRNewswire • 08-19-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.