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Remark Holdings (Remark Holdings) Total Inventories : $0.75 Mil (As of Dec. 2023)


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What is Remark Holdings Total Inventories?

Remark Holdings's total inventories for the quarter that ended in Dec. 2023 was $0.75 Mil. Remark Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.60 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Remark Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Remark Holdings's Days Inventory for the three months ended in Dec. 2023 was 533.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Remark Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.17.

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. Remark Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.67.


Remark Holdings Total Inventories Historical Data

The historical data trend for Remark 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.

* Premium members only.

Remark Holdings Total Inventories Chart

Remark Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.87 1.35 0.31 0.75

Remark 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 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 0.31 0.31 0.35 0.46 0.75

Remark 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.


Remark Holdings  (OTCPK:MARK) 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.

Remark 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)
=(0.145+0.75 * 1.287+0.5 * 0.75-49.826
-0-0)/22.0389
=-2.19

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

Remark 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
=0.6025/0.103*365 / 4
=533.77

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

Remark 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 )
=0.103 / 0.6025
=0.17

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.

Remark 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 )
=0.6025 / 0.226
=2.67

* 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.


Remark Holdings Total Inventories Related Terms

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Remark Holdings (Remark Holdings) Business Description

Traded in Other Exchanges
Address
800 S Commerce Street, Las Vegas, NV, USA, 89106
Remark Holdings Inc delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a range of applications within the retail, financial, public safety, and workplace arenas. The company also owns and operates digital media properties that deliver relevant content and e-commerce solutions.
Executives
Theodore P Botts director C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326
Ling Elizabeth Xu director 3960 HOWARD HUGHES PKWY, SUITE 900, LAS VEGAS NV 89169
Ernest T. Lee 10 percent owner 3271 SOUTH HIGHLAND DRIVE, #704, LAS VEGAS NV 89109
Alison Davidson officer: Interim CFO C/O REMARK HOLDINGS, INC., 3960 HOWARD HUGHES PARKWAY, SUITE 900, LAS VEGAS NV 89169
Douglas Osrow officer: Chief Financial Officer FIVE CONCOURSE PKWY, SUITE 2400, ATLANTA GA 30328
Brett Ratner director C/O REMARK MEDIA, INC., 3960 HOWARD HUGHES PARKWAY, SUITE 900, LAS VEGAS NV 89169
Daniel J. Stein director C/O REMARK MEDIA, INC., 3960 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Jason E. Strauss director C/O REMARK MEDIA, INC., 3930 HOWARD HUGHES PARKWAY, SUITE 400, LAS VEGAS NV 89169
William Warwick Grounds director 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Robert G Goldstein director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Kai-shing Tao director, 10 percent owner, officer: Chairman and CEO C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326
Howstuffworks, Llc 10 percent owner ONE CAPITAL CITY PLAZA, 3350 PEACHTREE ROAD, SUITE 1500, ATLANTA GA 30326
Digipac, Llc 10 percent owner ONE HUGHES CENTER DRIVE, UNIT 1601, LAS VEGAS NV 89169
Bradley T. Zimmer officer: Chief Operating Officer and Ge SIX CONCOURSE PARKWAY, SUITE 1500, ATLANTA GA 30328
Carrie Ferman officer: Chief Executive Officer SIX CONCOURSE PARKWAY, SUITE 1500, ATLANTA GA 30328