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Focus Universal (Focus Universal) Total Inventories : $0.28 Mil (As of Dec. 2023)


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What is Focus Universal Total Inventories?

Focus Universal's total inventories for the quarter that ended in Dec. 2023 was $0.28 Mil. Focus Universal's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.29 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Focus Universal's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Focus Universal's Days Inventory for the three months ended in Dec. 2023 was 62.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Focus Universal's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.47.

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. Focus Universal's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.03.


Focus Universal Total Inventories Historical Data

The historical data trend for Focus Universal'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.

Focus Universal Total Inventories Chart

Focus Universal Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.04 0.02 0.10 0.28

Focus Universal 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 0.10 0.09 0.09 0.30 0.28

Focus Universal 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.


Focus Universal  (NAS:FCUV) 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.

Focus Universal'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)
=(0.465+0.75 * 0.164+0.5 * 0.282-1.788
-0-0)/64.7718
=-0.02

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

Focus Universal'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
=0.291/0.427*365 / 4
=62.19

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

Focus Universal'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 )
=0.427 / 0.291
=1.47

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.

Focus Universal'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 )
=0.291 / 0.282
=1.03

* 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.


Focus Universal Total Inventories Related Terms

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Focus Universal (Focus Universal) Business Description

Traded in Other Exchanges
N/A
Address
2311 East Locust Court, Ontario, CA, USA, 91761
Focus Universal Inc develops and manufactures universal smart device. Its products portfolio include Universal Smart Instrumentation Platform, Ubiquitor, Universal Smart Controller, and Sensors. The company also supplies various air filtration systems. The Company consists of three types of operations- Focus and Focus Shenzhen (Corporate), Perfecular and Lusher (IoT Products), AVX (IoT Installation Services). Majority of revenue is generated from IoT Installation Services. IoT Installation Services segment is an IoT installation and management company specializing in high performance and easy to use audio/video, home theater, lighting control, automation, and integration.
Executives
Sheri Lofgren director C/O LOGICAL CHOICE CORPORATION, 1045 PROGRESS CIRCLE, LAWRENCEVILLE GA 30043
Michael Ross Pope director 1045 PROGRESS CIRCLE, LAWRENCEVILLE, GEORGIA GA 30043
Gregory S Butterfield director 3301 N. THANKSGIVING WAY, SUITE 500, LEHI UT 84043
Carine S. Clark director 772 UTAH VALLEY DRIVE, AMERICAN FORK UT 84003
Duncan Lee officer: Chief Financial Officer 20511 EAST WALNUT DRIVE NORTH, WALNUT CA 91789
Jennifer Lingjie Gu director, 10 percent owner 2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Edward Shihai Lee director, 10 percent owner, officer: President 2501 CROW FOOT LANE, DIAMOND BAR CA 91748
Desheng Wang director, 10 percent owner, officer: CEO and Secretary 140 SOUTH ROOSEVELT AVENUE, PASADENA CA 91107