Xtract One Technologies (Xtract One Technologies) Total Inventories

: $1.32 Mil (As of Jan. 2024)

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Xtract One Technologies's total inventories for the quarter that ended in Jan. 2024 was $1.32 Mil. Xtract One Technologies's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $1.21 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Xtract One Technologies's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xtract One Technologies's Days Inventory for the three months ended in Jan. 2024 was 130.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xtract One Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.70.

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. Xtract One Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.56.

Xtract One Technologies Total Inventories Historical Data

The historical data trend for Xtract One 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.

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Xtract One Technologies Annual Data

Trend

May14

May15

May16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Inventories

0.75

1.13

1.16

0.86

1.21

Xtract One Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Inventories																0.77	0.96	1.21	1.10	1.32

Xtract One 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.

Xtract One Technologies (OTCPK:XTRAF) 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.

Xtract One Technologies's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

	Net-Net Working Capital Per Share (Q: Jan. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3.123	+	0.75 * 1.127	+	0.5 * 1.316	-	5.397
-	0	-	0)	/	198.431
=	-0.00

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

Xtract One Technologies's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	1.2085	/	0.846	*	365 / 4
	=	130.35

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

Xtract One Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	0.846	/	1.2085
	=	0.70

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.

Xtract One Technologies's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	1.2085	/	2.175
	=	0.56

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.

Xtract One Technologies Total Inventories Related Terms

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Xtract One Technologies (Xtract One Technologies) Business Description

Industry

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Traded in Other Exchanges

0PL:Germany XTRA:Canada

Address

257 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5H 1X9

Website

https://www.xtractone.com

Xtract One Technologies Inc is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The principal business of the Company is the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution, referred to as the Platform, with the aim of enhancing public health and safety. The company makes unobtrusive threat detection systems that enable venue-building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One's innovative multi-sensor gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic.