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The OLB Group (The OLB Group) Total Inventories : $0.00 Mil (As of Mar. 2024)


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What is The OLB Group Total Inventories?

The OLB Group's total inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. The OLB Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. The OLB Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The OLB Group's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. The OLB Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


The OLB Group Total Inventories Historical Data

The historical data trend for The OLB 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.

* Premium members only.

The OLB Group Total Inventories Chart

The OLB Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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The OLB Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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The OLB Group 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.


The OLB Group  (NAS:OLB) 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.

The OLB Group'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)
=(0.552+0.75 * 0.207+0.5 * 0-7.146
-0-0.09)/1.79758
=-3.63

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

The OLB Group'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
=0/3.77*365 / 4
=0.00

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

The OLB Group'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 )
=3.77 / 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.

The OLB Group'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 / 3.496
=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.


The OLB Group Total Inventories Related Terms

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The OLB Group (The OLB Group) Business Description

Traded in Other Exchanges
N/A
Address
1120 Avenue of the Americas, 4th Floor, New York, NY, USA, 10036
The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It is a payment facilitator and e-commerce service provider that delivers cloud-based merchant services for Web-based and brick-and-mortar organizations by providing an end-to-end digital commerce solution includes site design, hosting, transaction processing and payment gateway, order fulfillment, customer service, marketing, and sales reporting. The company generates maximum revenue from Fintech services segment.
Executives
Patrick G Smith officer: Vice President 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Ronny Yakov director, 10 percent owner, officer: see remarks 1120 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John E Herzog 10 percent owner C/O HERZOG & CO., INC., 824 HARBOR ROAD, SOUTHPORT CT 06890
Ehud Ernst director 8 RAZIEL STREET, TEL AVIV L3 00000
Alina Dulimof director 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Amir Sternhell director SERTAINTY CORPORATION, 1420 DONALDSON PIKE A-20, NASHVILLE TN 37217
George Katsiaunis director 96 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Rachel Boulds Cpa, Pllc officer: Chief Financial Officer 6371 S. GLENOAKS STREET, MURRAY UT 84107