GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Red Cat Holdings Inc (NAS:RCAT) » Definitions » Total Inventories

Red Cat Holdings (Red Cat Holdings) Total Inventories : $9.09 Mil (As of Jan. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Red Cat Holdings Total Inventories?

Red Cat Holdings's total inventories for the quarter that ended in Jan. 2024 was $9.09 Mil. Red Cat Holdings's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $9.17 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Red Cat Holdings's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Red Cat Holdings's Days Inventory for the three months ended in Jan. 2024 was 176.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Red Cat Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.52.

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. Red Cat Holdings's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.57.


Red Cat Holdings Total Inventories Historical Data

The historical data trend for Red Cat Holdings'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.

Red Cat Holdings Total Inventories Chart

Red Cat Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Apr20 Apr21 Apr22 Apr23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.08 0.36 3.90 11.99

Red Cat Holdings Quarterly Data
Mar19 Jun19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 9.29 11.99 9.38 9.26 9.09

Red Cat Holdings 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.


Red Cat Holdings  (NAS:RCAT) 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.

Red Cat Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.697+0.75 * 5.092+0.5 * 9.093-5.744
-0-0)/74.1711
=0.14

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

Red Cat Holdings's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=9.1745/4.746*365 / 4
=176.40

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

Red Cat Holdings's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=4.746 / 9.1745
=0.52

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.

Red Cat Holdings's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=9.1745 / 5.848
=1.57

* 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.


Red Cat Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of Red Cat Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Red Cat Holdings (Red Cat Holdings) Business Description

Traded in Other Exchanges
Address
15 Avenue Munoz Rivera, Suite 2200, San Juan, PR, USA, 00901
Red Cat Holdings Inc is a military technology company that integrates robotic hardware and software to provide critical situational awareness and actionable intelligence to on-the-ground warfighters and battlefield commanders. Its mission is to enhance the effectiveness and safety of military operations domestically and globally. Red Cat's suite of solutions includes Teal Drones, developer of the Golden Eagle, a small unmanned system with the highest resolution imaging for night-time operations, and Skypersonic, a leading provider of unmanned aircraft for interior spaces and other dangerous environments.
Executives
Allan Thomas Evans officer: CEO of Fat Shark Holdings, Ltd 1400 VILLAGE SQ BLVD, UNIT #3-80448, TALLAHASSEE FL 32312
Nick Jr Liuzza director 79 WAPPING ROAD, PORTSMOUTH RI 02871
Jeffrey M Thompson director, 10 percent owner, officer: President and CEO 5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph David Freedman director 945 SOUTHSIDE PLACE, NASHVILLE TN 37203
Mary Beth Long director 309 FRANKLIN STREET, ALEXANDRIA VA 22314
Christopher R. Moe director 36 PROSPECT FARM ROAD, PORTSMOUTH RI 02871
George Michael Matus officer: CEO of Teal Drones subsidiary 5200 S HIGHLAND DRIVE, SUITE 201, HOLLADAY 2J 84117
Gregory Ralph French 10 percent owner 280 RALEIGH QUAY, WEST BAY E9 KY1-1300
Brains Riding In Tanks, Llc 10 percent owner 8861 DAY AVE SW, NAVARRE OH 44662
Joseph P Hernon officer: CFO, Secretary and Treasurer 1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Patrick Thomas Mitchell director 10615 JEFFERSON HWY, BATON ROUGE LA 70809
Gary R Smith director 2401 PGA BLVD, SUITE 272, PALM BEACH GARDENS FL 33410
Lou Iii Werner director 6900 E. CAMELBACK ROAD, SUITE 1020, SCOTTSDALE AZ 85251
Jessica L Smith officer: Interim CFO 8399 E. INDIAN SCHOOL RD., SUITE 202, SCOTTSDALE AZ 85251
John M. Wise director, 10 percent owner, officer: President 7690 E. CAMELBACK ROAD, SUITE 511, SCOTTSDALE AZ 85251