Sphere 3D (Sphere 3D) Total Inventories : $0.00 Mil (As of Dec. 2023)

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What is Sphere 3D Total Inventories?

Sphere 3D's total inventories for the quarter that ended in Dec. 2023 was $0.00 Mil. Sphere 3D's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sphere 3D's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sphere 3D's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

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. Sphere 3D's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Sphere 3D Total Inventories Historical Data

The historical data trend for Sphere 3D'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.

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Sphere 3D Total Inventories Chart

Sphere 3D Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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0.75

0.56

Sphere 3D 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															-	-	-	-	-

Sphere 3D 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.

Sphere 3D (NAS:ANY) 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.

Sphere 3D'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)
=	(0.586	+	0.75 * 0	+	0.5 * 0	-	19.14
-	0	-	0)	/	15.3736
=	-1.21

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

Sphere 3D'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
	=	0	/	4.885	*	365 / 4
	=	0.00

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

Sphere 3D'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 )
	=	4.885	/	0
	=	N/A

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.

Sphere 3D'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 )
	=	0	/	7.69
	=	0.00

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.

Sphere 3D Total Inventories Related Terms

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Sphere 3D (Sphere 3D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sphere 3D Corp (NAS:ANY) » Definitions » Total Inventories

Comparable Companies

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8S3:Germany

Address

4 Greenwich Office Park, Suite 100, 1st Floor, Greenwich, CT, USA, 06831

Website

https://www.sphere3d.com

Sphere 3D Corp provides solutions for stand-alone storage and technologies that converge the traditional silos of compute, storage, and network into integrated hyper-converged or converged solution. Its Disk systems include HVE Converged and Hyper-converged Infrastructure. It generates the majority of its revenue from the services it offers. All of its revenue comes from the Americas. The Company has two operating segments: Digital Mining and Service and Product. The Digital Mining segment generates revenue from the digital currency, it earns through its bitcoin mining activities. The Service and Product segment generates revenue from long-term customer contracts for service contracts and extended service contract and the sale of products related to the Company's data storage product line.

Executives

Kurt L. Kalbfleisch	officer: SVP and CFO	C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Joseph O'daniel	officer: President	100 EXECUTIVE CT. , SUITE 2, WAXAHACHIE TX 75165
Patricia Trompeter	director, officer: CEO	309 LUKES WOOD ROAD, NEW CANAAN CT 06840
Duncan J Mcewan	director	SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Timothy P. Hanley	director	9796 NICKEL RIDGE CIRCLE, NAPLES FL 34120
David C. Danziger	director	717 WAREHOUSE STREET, LOS ANGELES CA 90021
Sue Harnett	director	P.O. BOX 195115, SAN JUAN PR 00919-5115
Vivekanand Mahadevan	director	OVERLAND STORAGE, INC., 9112 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
Mf Ventures, Llc	10 percent owner	201 SPEAR STREET, 14TH FLOOR, SAN FRANCISCO CA 94105
Cyrus Capital Partners, L.p.	10 percent owner	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Fbc Holdings S.a.r.l.	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Stephen C Freidheim	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Cyrus Capital Partners Gp, Llc	10 percent owner	65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Jenny C Yeh	officer: SVP & General Counsel	SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Eric Kelly	director, officer: CEO & Chairman	691 S. MILPITAS BLVD, MILPITAS CA 95035