NoviqTech (ASX:NVQ) Total Inventories : A$0.00 Mil (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is NoviqTech Total Inventories?

NoviqTech's total inventories for the quarter that ended in Jun. 2024 was A$0.00 Mil. NoviqTech's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was A$0.00 Mil.

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

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

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

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.

NoviqTech Total Inventories Historical Data

The historical data trend for NoviqTech'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.

NoviqTech Total Inventories Chart

NoviqTech Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

NoviqTech Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	Get a 7-Day Free Trial								-	-	-	-	-

NoviqTech 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.

NoviqTech (ASX:NVQ) 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.

NoviqTech'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)
=	(0.145	+	0.75 * 0.016	+	0.5 * 0	-	0.83
-	0	-	0)	/	150.545
=	-0.00

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

NoviqTech'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
	=	0	/	0	*	365 / 2
	=

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

NoviqTech'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 )
	=	0	/	0
	=	N/A

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.

NoviqTech'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 )
	=	0	/	0
	=

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.

NoviqTech Total Inventories Related Terms

Thank you for viewing the detailed overview of NoviqTech's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

NoviqTech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NoviqTech Ltd (ASX:NVQ) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

63Q0:Germany

Address

16 Nexus Way, Southport, QLD, AUS, 4215

Website

https://www.noviqtech.com

NoviqTech Ltd is a company which operates through its subsidiary TYMLEZ Group Ltd delivers novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products' origins all in real-time. NoviqAI's solutions deliver's supply chain traceability following the ethos of sustainability and carbon emissions reporting. Through the For personal use only use of DLT and Artificial Intelligence, NoviqAI will offer traceability solutions to various sectors including food, pharmaceuticals, fashion, and electronics while also prioritizing sustainability.