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Climb Global Solutions (Climb Global Solutions) Total Inventories : $3.7 Mil (As of Dec. 2023)


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What is Climb Global Solutions Total Inventories?

Climb Global Solutions's total inventories for the quarter that ended in Dec. 2023 was $3.7 Mil. Climb Global Solutions's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $3.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Climb Global Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-12.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Climb Global Solutions's Days Inventory for the three months ended in Dec. 2023 was 3.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Climb Global Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 was 27.39.

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. Climb Global Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


Climb Global Solutions Total Inventories Historical Data

The historical data trend for Climb Global Solutions'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.

Climb Global Solutions Total Inventories Chart

Climb Global Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 4.94 2.02 4.77 3.74

Climb Global Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.77 4.06 3.23 2.52 3.74

Climb Global Solutions 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.


Climb Global Solutions  (NAS:CLMB) 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.

Climb Global Solutions's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(36.295+0.75 * 222.269+0.5 * 3.741-260.328
-0-0)/4.57345
=-12.13

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

Climb Global Solutions's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=3.1295/85.713*365 / 4
=3.33

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

Climb Global Solutions's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=85.713 / 3.1295
=27.39

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.

Climb Global Solutions's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3.1295 / 106.784
=0.03

* 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.


Climb Global Solutions Total Inventories Related Terms

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Climb Global Solutions (Climb Global Solutions) Business Description

Traded in Other Exchanges
N/A
Address
4 Industrial Way West, Suite 300, Eatontown, NJ, USA, 07724
Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value added resellers (VARs), consultants and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware and services to customers under the names Grey Matter.
Executives
Timothy Popovich officer: COO & President 715 OCEAN GATE AVE, PO BOX 523, OCEAN GATE NJ 08740
Andrew S Bryant director ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Andrew E Clark officer: Chief Financial Officer 6011 UNIVERSITY BLVD., SUITE 370, ELLICOTT CITY MD 21043
Geygan Jeffrey Richart Geygan director 1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
John R Mccarthy director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Kimberly Boren director 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Gerri Gold director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Dale Richard Foster officer: Executive VP 10900 PUMP HOUSE ROAD, ANNAPOLIS JUNCTION MD 20701
Charles Edward Bass officer: VP New Business 12427 BAYHILL DRIVE, CARMEL IN 46033
Vito Legrottaglie officer: VP Management Info Systems
Greg Scorziello director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Matthew M Sullivan officer: CAO 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Carol Dibattiste director 1155 W FREDERICK SMALL RD, JUPITER FL 33458
Diana Kurty director C/O WAYSIDE TECHNOLOGY GROUP, 11, SHREWSBURY NJ 07702
Michael Faith director, officer: Director ONE DANIEL BURNHAM CT., #400C, SAN FRANCISCO CA 94109