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Nuburu (Nuburu) Total Inventories : $1.61 Mil (As of Mar. 2024)


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What is Nuburu Total Inventories?

Nuburu's total inventories for the quarter that ended in Mar. 2024 was $1.61 Mil. Nuburu's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $1.53 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nuburu's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nuburu's Days Inventory for the three months ended in Mar. 2024 was 163.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nuburu's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.56.

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. Nuburu's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 16.32.


Nuburu Total Inventories Historical Data

The historical data trend for Nuburu'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.

Nuburu Total Inventories Chart

Nuburu Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
0.74 0.41 0.97 1.46

Nuburu Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 0.57 1.09 1.46 1.61

Nuburu 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.


Nuburu  (AMEX:BURU) 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.

Nuburu's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.232+0.75 * 0.133+0.5 * 1.613-21.509
-0-0)/38.5324
=-0.53

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

Nuburu's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1.5345/0.857*365 / 4
=163.39

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

Nuburu's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0.857 / 1.5345
=0.56

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.

Nuburu's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1.5345 / 0.094
=16.32

* 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.


Nuburu Total Inventories Related Terms

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Nuburu (Nuburu) Business Description

Traded in Other Exchanges
N/A
Address
7442 Tucson Way, Suite 130, Centennial, CO, USA, 80112
Nuburu Inc is a specialist of high-speed, high-quality metal machining and processing. The company's ground-breaking blue laser technology has defined a new class of high-power, high-brightness blue lasers, starting with the standard AO laser and the extreme-brightness AI laser, which each enable radical gains in speed and quality for metal processing.
Executives
John R Bolton director 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
David Seldin 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Wilson-garling 2023 Family Trust 10 percent owner C/O NUBURU, INC., 7442 S TUCSON WAY, SUITE 130, CENTENNIAL CO 80112
Anzu Partners Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu V Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Whitney Haring-smith 10 percent owner 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Debrah Herman 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu Ii Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Anzu Nuburu Iii Llc 10 percent owner 12610 RACE TRACK ROAD, SUITE 250, TAMPA FL 33626
Cst Global Llc 10 percent owner 6835 PASEO LAREDO, LA JOLLA CA 92037
David & Jennifer Michael Family Ltd Partnership 10 percent owner 6835 PASEO LAREDO, LA JOLLA CA 92037
Mark Zediker director, officer: Chief Executive Officer 7442 SOUTH TUCSON WAY, #130, CENTENNIAL CO 80112
Wilson-garling 2020 Family Trust 10 percent owner C/O NUBURU, INC., 7442 S TUCSON WAY, SUITE 130, CENTENNIAL CO 80112
Brian Knaley officer: Chief Financial Officer C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724

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