Flux Power Holdings (Flux Power Holdings) Total Inventories : $18.28 Mil (As of Dec. 2023)

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What is Flux Power Holdings Total Inventories?

Flux Power Holdings's total inventories for the quarter that ended in Dec. 2023 was $18.28 Mil. Flux Power Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $18.89 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Flux Power Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flux Power Holdings's Days Inventory for the three months ended in Dec. 2023 was 135.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flux Power Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.67.

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. Flux Power Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.03.

Flux Power Holdings Total Inventories Historical Data

The historical data trend for Flux Power Holdings'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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Flux Power Holdings Total Inventories Chart

Flux Power Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

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3.81

5.26

10.51

16.26

19.00

Flux Power Holdings 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															19.51	20.96	19.00	19.50	18.28

Flux Power Holdings 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.

Flux Power Holdings (NAS:FLUX) 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.

Flux Power Holdings'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)
=	(1.584	+	0.75 * 12.579	+	0.5 * 18.283	-	30.286
-	0	-	0)	/	16.5323
=	-0.61

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

Flux Power Holdings'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
	=	18.889	/	12.676	*	365 / 4
	=	135.98

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

Flux Power Holdings'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 )
	=	12.676	/	18.889
	=	0.67

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.

Flux Power Holdings'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 )
	=	18.889	/	18.344
	=	1.03

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.

Flux Power Holdings Total Inventories Related Terms

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Flux Power Holdings (Flux Power Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flux Power Holdings Inc (NAS:FLUX) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

2685 S. Melrose Drive, Vista, CA, USA, 92081

Website

https://www.fluxpower.com

Flux Power Holdings Inc design, develop, manufacture, and sell a portfolio of lithium-ion energy storage solutions for electrification of a range of industrial commercial sectors which include material handling, airport ground support equipment (GSE), and other commercial and industrial applications It offers a high-power battery cell management system(BMS). The company's BMS provides three functions to its battery systems which include Cell Balancing, Monitoring, and Error Reporting.

Executives

Jeffrey Curtis Mason	officer: Vice President of Operations	2685 S MELROSE DR, VISTA CA 92081
Charles Scheiwe	officer: CFO & Secretary	1135 BAJA WAY, SAN MARCOS CA 92078
Ronald F Dutt	officer: CFO	C/O SOLA INTERNATIONAL INC, 10590 W. OCEAN AIR DR. #300, SAN DIEGO CA 92130
Michael Johnson	10 percent owner	2240 AUTO PARK WAY, ESCONDIDO CA 92029
Esenjay Investments, Llc	10 percent owner	500 NORTH WATER ST., STE 1100 SOUTH, CORPUS CHRISTI TX 78401
Lisa Walters-hoffert	director	C/O DARE BIOSCIENCE, INC., 10210 CAMPUS POINT DRIVE, SUITE 150, SAN DIEGO CA 92121
Cheemin Bo-linn	director	4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Jonathan Andrew Berry	officer: COO	985 POINSETTIA AVE STE A, VISTA CA 92081
Cosentino John A Jr	director	C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Dale Thomas Robinette	director	15774 SUNSET DRIVE, POWAY CA 92064
Cleveland Capital Management, L.l.c.	10 percent owner	1250 LINDA ST., SUITE 304, ROCKY RIVER OH 44116
Wade Massad	10 percent owner	1414 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Timothy Collins	director	100 PINE STREET, SUITE 605, SAN FRANCISCO CA 94111
James Gevarges	10 percent owner	2240 AUTO PARK WAY, ESCONDIDO CA 92029
Christopher Lee Anthony	director, 10 percent owner, officer: Chairman, CEO, President	2240 AUTO PARK WAY, ESCONDIDO CA 92029