CETI (Cyber Enviro-Tech) Total Inventories : $0.09 Mil (As of Sep. 2024)

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What is Cyber Enviro-Tech Total Inventories?

Cyber Enviro-Tech's total inventories for the quarter that ended in Sep. 2024 was $0.09 Mil. Cyber Enviro-Tech's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0.04 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cyber Enviro-Tech's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cyber Enviro-Tech's Days Inventory for the three months ended in Sep. 2024 was 676.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cyber Enviro-Tech's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.13.

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. Cyber Enviro-Tech's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 4.05.

Cyber Enviro-Tech Total Inventories Historical Data

The historical data trend for Cyber Enviro-Tech'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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Cyber Enviro-Tech Total Inventories Chart

Cyber Enviro-Tech Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

Cyber Enviro-Tech Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial							-	-	-	-	0.09

Cyber Enviro-Tech 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.

Cyber Enviro-Tech (OTCPK:CETI) 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.

Cyber Enviro-Tech's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.119	+	0.75 * 0.011	+	0.5 * 0.089	-	3.03
-	0	-	-0.004)	/	106.941
=	-0.03

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

Cyber Enviro-Tech's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0.0445	/	0.006	*	365 / 4
	=	676.77

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

Cyber Enviro-Tech's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	0.006	/	0.0445
	=	0.13

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.

Cyber Enviro-Tech's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0.0445	/	0.011
	=	4.05

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.

Cyber Enviro-Tech Total Inventories Related Terms

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Cyber Enviro-Tech Business Description

Industry

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Address

6991 East Camelback Road, Suite D-300, Scottsdale, AZ, USA, 85251

Website

https://www.cyberenviro.tech

Cyber Enviro-Tech Inc is water technology company focusing on the remediation of contaminated industrial wastewater with an initial emphasis on the oil & gas industry. Its water filtration and alternative energy systems has neural sensors, controls and networks, all connected to a cellular device.