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Nuvera Communications (Nuvera Communications) Total Inventories : $34.44 Mil (As of Dec. 2023)


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What is Nuvera Communications Total Inventories?

Nuvera Communications's total inventories for the quarter that ended in Dec. 2023 was $34.44 Mil. Nuvera Communications's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $36.84 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nuvera Communications's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-28.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nuvera Communications's Days Inventory for the three months ended in Dec. 2023 was 448.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nuvera Communications's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.20.

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. Nuvera Communications's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.20.


Nuvera Communications Total Inventories Historical Data

The historical data trend for Nuvera Communications'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.

Nuvera Communications Total Inventories Chart

Nuvera Communications 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 2.83 2.97 5.36 23.62 34.44

Nuvera Communications 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 23.62 31.39 39.84 39.24 34.44

Nuvera Communications 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.


Nuvera Communications  (OTCPK:NUVR) 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.

Nuvera Communications'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)
=(1.26+0.75 * 3.412+0.5 * 34.439-165.889
-0-0)/5.13321
=-28.22

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

Nuvera Communications'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
=36.838/7.488*365 / 4
=448.91

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

Nuvera Communications'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 )
=7.488 / 36.838
=0.20

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.

Nuvera Communications'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 )
=36.838 / 16.774
=2.20

* 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.


Nuvera Communications Total Inventories Related Terms

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Nuvera Communications (Nuvera Communications) Business Description

Traded in Other Exchanges
N/A
Address
27 North Minnesota Street, New Ulm, MN, USA, 56073
Nuvera Communications Inc is a communications company. It provides Internet, digital TV, voice, and managed services such as web hosting and design, online file storage and others. It generates its revenue in the form of local services, network access, video, data, A-CAM/FUSF, and others. The company operates in the Communications Segment. The Communications Segment consists of voice, data and video communication services delivered to the customer over fiber communications network.
Executives
Glenn Zerbe officer: CEO/President 27 NORTH MINNESOTA STREET, NEW ULM MN 56073
Craig Steven Anderson officer: Chief Business Development Off P.O. BOX 697, NEW ULM MN 56073
James J Seifert director C/O BEMIS CO INC, 222 S. 9TH ST. #2300, MINNEAPOLIS MN 55402
Skillings Colleen R. director 36 WOODLAND DRIVE, NEW ULM MN 56073
Duane Lambrecht director
Wesley E Schultz director PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Suzanne M. Spellacy director 108 ALEXANDER COURT, MANKATO MN 56001
Barbara A Bornhoft officer: Vice President
Perry Meyer director RR 3 BOX 130, NEW ULM MN 56073
James P Jensen director
Curtis O. Kawlewski officer: CFO 3710 REED ROAD, ST, BONIFACIUS MN 55375
Dennis Miller director 18930 JASMINE ROAD, MANKATO MN 56001
Bill D Otis officer: CEO/President
Patricia L Matthews officer: Assistant Secretary
Mary Ellen Domeier director

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