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Future Farm Technologies (XCNQ:FFT) Total Inventories : C$1.66 Mil (As of Nov. 2019)


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What is Future Farm Technologies Total Inventories?

Future Farm Technologies's total inventories for the quarter that ended in Nov. 2019 was C$1.66 Mil. Future Farm Technologies's average total inventories from the quarter that ended in Aug. 2019 to the quarter that ended in Nov. 2019 was C$0.94 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Future Farm Technologies's Net-Net Working Capital per share for the quarter that ended in Nov. 2019 was C$-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Future Farm Technologies's Days Inventory for the three months ended in Nov. 2019 was 105.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Future Farm Technologies's Inventory Turnover for the quarter that ended in Nov. 2019 was 0.87.

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. Future Farm Technologies's Inventory-to-Revenue for the quarter that ended in Nov. 2019 was 1.02.


Future Farm Technologies Total Inventories Historical Data

The historical data trend for Future Farm Technologies'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.

Future Farm Technologies Total Inventories Chart

Future Farm Technologies Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 0.02 0.08 1.67

Future Farm Technologies Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 0.15 1.67 0.21 0.22 1.66

Future Farm Technologies 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.


Future Farm Technologies  (XCNQ:FFT) 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.

Future Farm Technologies's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2019 is

Net-Net Working Capital Per Share (Q: Nov. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.033+0.75 * 0.107+0.5 * 1.661-8.556
-0--0.005)/170.813
=-0.04

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

Future Farm Technologies's Days Inventory for the three months ended in Nov. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Nov. 2019 )/Cost of Goods Sold (Q: Nov. 2019 )*Days in Period
=0.9405/0.814*365 / 4
=105.43

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

Future Farm Technologies's Inventory Turnover for the quarter that ended in Nov. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2019 ) / Average Total Inventories (Q: Nov. 2019 )
=0.814 / 0.9405
=0.87

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.

Future Farm Technologies's Inventory to Revenue for the quarter that ended in Nov. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2019 ) / Revenue (Q: Nov. 2019 )
=0.9405 / 0.919
=1.02

* 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.


Future Farm Technologies Total Inventories Related Terms

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Future Farm Technologies (XCNQ:FFT) Business Description

Traded in Other Exchanges
N/A
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.

Future Farm Technologies (XCNQ:FFT) Headlines

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