AquaBounty Technologies (AquaBounty Technologies) Total Inventories

: $1.73 Mil (As of Dec. 2023)

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AquaBounty Technologies's total inventories for the quarter that ended in Dec. 2023 was $1.73 Mil. AquaBounty Technologies's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1.84 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AquaBounty Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AquaBounty Technologies's Days Inventory for the three months ended in Dec. 2023 was 43.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. AquaBounty Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.09.

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. AquaBounty Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.32.

AquaBounty Technologies Total Inventories Historical Data

The historical data trend for AquaBounty Technologies'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.

AquaBounty Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

1.23

1.53

1.26

2.28

1.73

AquaBounty Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																2.28	2.38	2.35	1.94	1.73

AquaBounty Technologies 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.

AquaBounty Technologies (NAS:AQB) 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.

AquaBounty Technologies'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)
=	(8.204	+	0.75 * 1.217	+	0.5 * 1.734	-	22.535
-	0	-	0)	/	3.84702
=	-3.26

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

AquaBounty Technologies'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
	=	1.838	/	3.835	*	365 / 4
	=	43.73

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

AquaBounty Technologies'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 )
	=	3.835	/	1.838
	=	2.09

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.

AquaBounty Technologies'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 )
	=	1.838	/	0.553
	=	3.32

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.

AquaBounty Technologies Total Inventories Related Terms

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AquaBounty Technologies (AquaBounty Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AquaBounty Technologies Inc (NAS:AQB) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Mill and Main Place, Suite 395, Maynard, MA, USA, 01754

Website

https://www.aquabounty.com

AquaBounty Technologies Inc is engaged in the field of land-based aquaculture and the use of technology for improving its productivity and sustainability. The company's objective is to ensure the availability of high-quality seafood to meet global consumer demand while addressing critical production constraints in the most popular farmed species.

Executives

Melbourne David Francis Jr	officer: President	2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Gail Sharps Myers	director	13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Christine St.clare	director	405 EAGLEVIEW BLVD., EXTON PA 19341
Erin S Sharp	director	THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Michael K Stern	director	800 N. LINDBERGH BLVD, A3SA, ST LOUIS MO 63167
Ricardo J Alvarez	director	2 MILL AND MAIN PLACE, SUITE 395, MAYNARD MA 01754
Sylvia Wulf	director, officer: CEO & Director	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
David A Frank	officer: See Remarks	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Alana Czypinski	director	1881 GROVE AVENUE, RADFORD VA 24141
Randal J Kirk	10 percent owner	1881 GROVE AVENUE, RADFORD VA 24141
Angela M Olsen	officer: General Counsel & Corp Sec	C/O AQUABOUNTY TECHNOLOGIES, INC., 2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Richard L Huber	director	2 MILL & MAIN PLACE, SUITE 395, MAYNARD MA 01754
Rick L. Sterling	director	20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Turk James C Jr	director	TWO CLOCK TOWER PLACE, SUITE 395, MAYNARD MA 01745
Theodore John Fisher	director	1881 GROVE AVENUE, RADFORD VA 24141