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Aerkomm (Aerkomm) Total Inventories : $1.37 Mil (As of Sep. 2023)


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What is Aerkomm Total Inventories?

Aerkomm's total inventories for the quarter that ended in Sep. 2023 was $1.37 Mil. Aerkomm's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $1.37 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aerkomm's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-3.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aerkomm's Days Inventory for the three months ended in Sep. 2023 was 4,616.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aerkomm's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.02.

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. Aerkomm's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 22.03.


Aerkomm Total Inventories Historical Data

The historical data trend for Aerkomm'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.

Aerkomm Total Inventories Chart

Aerkomm Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 3.04 2.63 1.37 1.37

Aerkomm Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.37 1.37 1.37 1.37 1.37

Aerkomm 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.


Aerkomm  (OTCPK:AKOM) 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.

Aerkomm's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.868+0.75 * 0+0.5 * 1.366-54.817
-0-0)/16.7204
=-3.01

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

Aerkomm's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=1.366/0.027*365 / 4
=4,616.57

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

Aerkomm's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0.027 / 1.366
=0.02

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.

Aerkomm's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1.366 / 0.062
=22.03

* 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.


Aerkomm Total Inventories Related Terms

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Aerkomm (Aerkomm) Business Description

Traded in Other Exchanges
Address
44043 Fremont Boulevard, Fremont, CA, USA, 94538
Aerkomm Inc is an us-based service provider of in-flight connectivity and entertainment (IFEC) solutions intended to provide airline passengers with a broadband in-flight experience that encompasses a wide range of service options. Its services include Wi-Fi, cellular, movies, gaming, live TV, and music. The company also focuses on providing related content management services and onboard e-commerce solutions such as Connectivity Solutions, Content Solutions, Black Box Live, AirCinema, and others.
Executives
Leroy Yau 10 percent owner UNIT 1601, BLOCK A, VILLA ROCHA, HAPPY VALLEY K3 00000
World Praise Ltd 10 percent owner C/O VISTRA CORPORATION SERVICES CENTER, GROUND FLOOR NFP BUILDING, BEACH ROAD, APIA Y0 00000
Richmond Akumiah director 4 TUNISON LANE, BRIDGEWATER NJ 08807
Yuyun Tristan Kuo officer: Chief Financial Officer 85 SOUTH BRAGG STREET, SUITE 600, ALEXANDRIA VA 22312
Well Thrive Ltd 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Sheng-chun Chang 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Jeffrey Wun director, 10 percent owner, officer: CEO, President and Chairman C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Chih-ming Hsu director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
James J. Busuttil director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Lim Colin director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Raymond Choy director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Jan-yuan Lin director C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Llc 10 percent owner C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451
Dmedia Holding Lp 10 percent owner C/O AERKOMM INC., 923 INCLINE WAY #39, INCLINE VILLAGE NV 89451