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Charge Enterprises (Charge Enterprises) Total Inventories : $0.3 Mil (As of Sep. 2023)


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What is Charge Enterprises Total Inventories?

Charge Enterprises's total inventories for the quarter that ended in Sep. 2023 was $0.3 Mil. Charge Enterprises's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $0.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Charge Enterprises's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Charge Enterprises's Days Inventory for the three months ended in Sep. 2023 was 0.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Charge Enterprises's Inventory Turnover for the quarter that ended in Sep. 2023 was 566.69.

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. Charge Enterprises's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.


Charge Enterprises Total Inventories Historical Data

The historical data trend for Charge Enterprises'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.

Charge Enterprises Total Inventories Chart

Charge Enterprises Annual Data
Trend Dec20 Dec21 Dec22
Total Inventories
- 0.11 0.11

Charge Enterprises Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.11 0.16 0.12 0.32

Charge Enterprises 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.


Charge Enterprises  (OTCPK:CRGEQ) 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.

Charge Enterprises's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(57.506+0.75 * 55.768+0.5 * 0.317-143.949
-19.458-0)/215.04
=-0.30

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

Charge Enterprises's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.2175/123.255*365 / 4
=0.16

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

Charge Enterprises's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=123.255 / 0.2175
=566.69

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.

Charge Enterprises's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.2175 / 132.277
=0.00

* 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.


Charge Enterprises Total Inventories Related Terms

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Charge Enterprises (Charge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
125 Park Avenue, 25th Floor, New York, NY, USA, 10017
Charge Enterprises Inc is an electrical, broadband, and electric vehicle (EV) charging infrastructure company that provides clients with end-to-end project management services, from advising, designing, engineering, acquiring, and installing equipment, to monitoring, servicing, and maintenance. The company's operating segment includes Telecommunications and Infrastructure. It generates maximum revenue from the Telecommunications segment. The telecommunications segment provides a connection of voice calls and data to global carriers.
Executives
Gary N Jacobs director MGM MIRAGE, 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
James Biehl officer: CLO, CCO, Secretary 44 WALL STREET, 12TH FLOOR, NEW YORK NY 10005
Michael Wojtowicz officer: CEO, Pres. B W Electrical Serv 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Leah Schweller officer: CFO 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Philip Scala director 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Justin Deutsch director 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Paul Martin Williams officer: See Remarks 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Jacky Wu director 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
Chantel E Lenard director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Amy Hanson director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Mark R Laneve officer: President 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Andrew Scott Fox director, 10 percent owner, officer: CEO, Director & Chairman 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Craig Harper-denson director, officer: COO, CCO, Secretary & Director 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Jeffrey Scott Kuhlman officer: Chief Communications Officer 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Paolo Fettuccia officer: See Remarks 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017