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Usio (USIO) Total Inventories : $0.42 Mil (As of Dec. 2023)


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What is Usio Total Inventories?

Usio's total inventories for the quarter that ended in Dec. 2023 was $0.42 Mil. Usio's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.41 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Usio's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Usio's Days Inventory for the three months ended in Dec. 2023 was 2.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Usio's Inventory Turnover for the quarter that ended in Dec. 2023 was 36.09.

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. Usio's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.


Usio Total Inventories Historical Data

The historical data trend for Usio'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.

Usio Total Inventories Chart

Usio 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 - 0.18 0.44 0.51 0.42

Usio 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 0.51 0.49 0.48 0.40 0.42

Usio 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.


Usio  (NAS:USIO) 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.

Usio'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)
=(7.156+0.75 * 5.564+0.5 * 0.423-91.866
-0-0)/26.3325
=-3.05

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

Usio'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
=0.412/14.871*365 / 4
=2.53

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

Usio'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 )
=14.871 / 0.412
=36.09

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.

Usio'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 )
=0.412 / 19.363
=0.02

* 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.


Usio Total Inventories Related Terms

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Usio (USIO) Business Description

Traded in Other Exchanges
N/A
Address
3611 Paesanos Parkway, Suite 300, San Antonio, TX, USA, 78231
Usio Inc is a United States-based company that provides integrated electronic payment services, including credit and debit card-based processing services and transaction processing via the Automated Clearing House, or ACH network to billers and retailers. The Company also has an additional wholly-owned subsidiary, Usio Output Solutions, Inc., which is the entity for the Output Solutions operations.
Executives
Topline Capital Management, Llc other: See Explanation in Footnotes 544 EUCLID STREET, SANTA MONICA CA 90402
Topline Capital Partners, Lp 10 percent owner 544 EUCLID STREET, SANTA MONICA CA 90402
Houston Korth Frost officer: SVP, Corporate Development 302 PEARL PKWY #3313, SAN ANTONIO TX 78215
Elizabeth Michelle Miller director 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Michael R Long director, officer: Chairman, CEO & CFO 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Louis A Hoch director, officer: President & COO 12500 SAN PEDRO, SUITE 120, SAN ANTONIO TX 78216
Greg M Carter officer: EVP Payment Acceptance 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Mcbirney Collin other: See Explanation in Footnotes 544 EUCLID STREET, SANTA MONICA CA 90402
Beyer Del La Garza Ernesto R director 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Blaise Bender director 3611 PAESANOS PARKWA, SUITE 300, SAN ANTONIO TX 78231
Steve Huffman director 12500 SAN PEDRO, STE 120, SAN ANTONIO TX 78216
Vaden Cecil Landers 10 percent owner, officer: Chief Revenue Officer 12500 SAN PEDRO, SUITE 120, SAN ANTONIO X1 78216
Brad Rollins director 12500 SAN PEDRO, SUITE 120, SAN ANTONIO TX 78216
Habib Yunus other: Former SVP/CFO 12500 SAN PEDRO, SUITE 120, SAN ANTONIO TX 78216
Lowell Thomas Jewell officer: Chief Financial Officer 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231