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Charleslvard (Charleslvard) Total Inventories : $9.88 Mil (As of Dec. 2023)


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What is Charleslvard Total Inventories?

Charleslvard's total inventories for the quarter that ended in Dec. 2023 was $9.88 Mil. Charleslvard's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $9.07 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Charleslvard's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Charleslvard's Days Inventory for the three months ended in Dec. 2023 was 163.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Charleslvard's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.56.

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. Charleslvard's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.15.


Charleslvard Total Inventories Historical Data

The historical data trend for Charleslvard'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.

Charleslvard Total Inventories Chart

Charleslvard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.91 7.44 11.45 11.02 7.48

Charleslvard 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 13.09 7.89 7.48 8.26 9.88

Charleslvard 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.


Charleslvard  (NAS:CTHR) 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.

Charleslvard'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)
=(5.772+0.75 * 1.528+0.5 * 9.88-9.978
-0-0)/30.345
=0.06

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

Charleslvard'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
=9.0715/5.05*365 / 4
=163.92

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

Charleslvard'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 )
=5.05 / 9.0715
=0.56

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.

Charleslvard'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 )
=9.0715 / 7.906
=1.15

* 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.


Charleslvard Total Inventories Related Terms

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Charleslvard (Charleslvard) Business Description

Traded in Other Exchanges
Address
170 Southport Drive, Morrisville, NC, USA, 27560
Charles & Colvard Ltd manufactures, markets, and distributes finished jewellery which also includes moissanite gemstone in the jewellery market. The company sells jewels through two operating segments namely Online Channels segment and Traditional segment. It generates maximum revenue from the Online Channels segment. Online Channels segment which consists of e-commerce outlets including charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail, and other pure-play, exclusively e-commerce outlets.
Executives
Don O'connell director, officer: President and CEO C/O CHARLES & COLVARD, LTD., 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Ollin B Sykes director C/O GATEWAY FINANCIAL HODINGS, P O BOX 1908, ELIZABETH CITY NC 27906
Clint J. Pete officer: CFO 1805 DUNES COURT, RALEIGH NC 27615
Neal I Goldman director 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Anne M Butler director 59 ARMSTRONG ROAD, P.O. BOX 976, PLYMOUTH MA 02360
Benedetta I Casamento director 200 CAMPUS DRIVE, FLORHAM PARK NJ 07932
Suzanne Miglucci director, officer: President and CEO 10305 WHITESTONE ROAD, RALEIGH NC 27615
Jaqui Lividini director 27 EAST 95TH STREET, NEW YORK NY 10128
George R. Cattermole director 300 PERIMETER PARK DRIVE, STE A, MORRISVILLE NC 27560
Randy N Mccullough officer: President & CEO C/O CHARLES & COLVARD, LTD., 300 PERIMETER PARK DRIVE, SUITE A, MORRISVILLE NC 27560
Kyle Macemore officer: CFO C/O CHARLES & COLVARD, LTD., 300 PERIMETER PARK DRIVE, SUITE A, MORRISVILLE NC 27560
Charles D Lein director C/O CHARLES & COLVARD LTD., 300 PERIMETER PARK DR., STE A, MORRISVILLE NC 27560
Timothy L Krist officer: Chief Financial Officer C/O CHARLES & COLVARD LTD., 300 PERIMETER PARK DR., STE A, MORRISVILLE NC 27560
David B Barr director 1319 GARRICK WAY, MARIETTA 2Q 30068
Steve Larkin director 901 WEST WALNUT HILL LANE, IRVING TX 75038