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Video Display (Video Display) Total Inventories : $3.38 Mil (As of Nov. 2023)


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What is Video Display Total Inventories?

Video Display's total inventories for the quarter that ended in Nov. 2023 was $3.38 Mil. Video Display's average total inventories from the quarter that ended in Aug. 2023 to the quarter that ended in Nov. 2023 was $3.22 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Video Display's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was $-0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Video Display's Days Inventory for the three months ended in Nov. 2023 was 205.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Video Display's Inventory Turnover for the quarter that ended in Nov. 2023 was 0.44.

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. Video Display's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 1.60.


Video Display Total Inventories Historical Data

The historical data trend for Video Display'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.

Video Display Total Inventories Chart

Video Display Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.45 4.48 4.03 3.34 2.46

Video Display Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 2.79 2.46 2.80 3.06 3.38

Video Display 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.


Video Display  (OTCPK:VIDE) 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.

Video Display's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 is

Net-Net Working Capital Per Share (Q: Nov. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.136+0.75 * 0.64+0.5 * 3.384-6.057
-0-0)/5.87829
=-0.64

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

Video Display's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=3.22/1.429*365 / 4
=205.62

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

Video Display's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2023 ) / Average Total Inventories (Q: Nov. 2023 )
=1.429 / 3.22
=0.44

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.

Video Display's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=3.22 / 2.018
=1.60

* 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.


Video Display Total Inventories Related Terms

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Video Display (Video Display) Business Description

Traded in Other Exchanges
N/A
Address
5155 King Street, Cocoa, FL, USA, 32926
Video Display Corp is a provider and manufacturer of video products, components, and systems for the visual display and presentation of electronic information media in a range of requirements and environments. It designs, engineers, manufactures, markets, distributes, and installs display products and systems, from basic components to systems, for Government, military, aerospace, medical, industrial, and commercial organizations. The company operates in one segment which is simulation, training, and display products. Its products lines include Dome Aircraft Simulator Display Systems, Multi-Faceted Aircraft Simulator Display Systems, Video Walls for Broadcast and Control Centers, Rugged Flat Panel Displays and Computers, Projector and Monitor Upgrades, and Projection Screens.
Executives
Ronald D Ordway director, 10 percent owner, officer: CEO 1868 TUCKER INDL RD, TUCKER GA 30084
Jonathan R Ordway 10 percent owner
David Saunders Cooper director 2476 OLDFIELD ROAD NW, ATLANTA GA 30327
Lusby Roger Winfield Iii director 5604 BAHIA MAR CIRCLE, STONE MOUNTAIN GA 30087
Gregory Lee Osborn director, officer: Chief Financial Officer 1374 CARRINGTON WAY, LAWRENCEVILLE GA 30044
David Allen Heiden officer: President & COO 6078 WINDSONG WAY, STONE MOUNTAIN GA 30087
Ervin Kuczogi director P O BOX 353, WHITE MILLS PA 18473
Michael Delen Boyd officer: CFO 1451 BEVERLY DRIVE, ATHENS GA 30606
Thibeault Ernest Joseph Iii director 603 OLD MAMMOTH ROAD, LONDONDERRY NH 03053
Carolyn C Howard director 279 MOUNTAIN ROAD, JAFFREY NH 03452
Carleton E Sawyer director C/O VIDEO DISPLAY CORP, 13 PINE RIDGE RD, LOUDON NH 03307-0830
Murray G Fox director, officer: CEO - Fox International, Ltd
Carol D Franklin officer: CFO
Peter Frend director 1107 LIBERTY SQUARE RD, BOXBOROUGH MA 01719

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