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BirdDog Technology (ASX:BDT) Total Inventories : A$5.95 Mil (As of Jun. 2024)


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What is BirdDog Technology Total Inventories?

BirdDog Technology's total inventories for the quarter that ended in Jun. 2024 was A$5.95 Mil. BirdDog Technology's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was A$8.86 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. BirdDog Technology's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was A$0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BirdDog Technology's Days Inventory for the six months ended in Jun. 2024 was 298.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. BirdDog Technology's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.61.

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. BirdDog Technology's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.16.


BirdDog Technology Total Inventories Historical Data

The historical data trend for BirdDog Technology'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.

BirdDog Technology Total Inventories Chart

BirdDog Technology Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Total Inventories
22.42 19.02 15.00 5.95

BirdDog Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Inventories Get a 7-Day Free Trial 19.02 20.13 15.00 11.77 5.95

BirdDog Technology 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.


BirdDog Technology  (ASX:BDT) 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.

BirdDog Technology's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.527+0.75 * 2.128+0.5 * 5.952-4.855
-0-0)/193.041
=0.08

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

BirdDog Technology's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=8.8585/5.409*365 / 2
=298.89

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

BirdDog Technology's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=5.409 / 8.8585
=0.61

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.

BirdDog Technology's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=8.8585 / 7.647
=1.16

* 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.


BirdDog Technology Total Inventories Related Terms

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BirdDog Technology Business Description

Traded in Other Exchanges
N/A
Address
1-9 Sackville Street, Level 4, Collingwood, VIC, AUS, 3066
BirdDog Technology Ltd is a developer and manufacturer of audio-visual and video technology, which enhances the quality, speed, and flexibility of video through a range of solutions. Geographically the majority of its product sale is derived from the North America region. The company derives revenue from sale of core products, Software licensing fees, and from contracts and customers. The business segment of the company is developing and manufacturing hardware and software solutions.

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