CVST (Covista Communications) Total Inventories: $0.00 Mil (As of Apr. 2005)

What is Covista Communications Total Inventories?

Covista Communications CVST -99.67% Total Inventories is $0.00 Mil as of Apr. 2005.

Covista Communications's total inventories for the quarter that ended in Apr. 2005 was $0.00 Mil. Covista Communications's average total inventories from the quarter that ended in Jan. 2005 to the quarter that ended in Apr. 2005 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Covista Communications's Net-Net Working Capital per share for the quarter that ended in Apr. 2005 was $0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Covista Communications's Days Inventory for the three months ended in Apr. 2005 was 0.00.

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. Covista Communications's Inventory-to-Revenue for the quarter that ended in Apr. 2005 was 0.00.

Covista Communications (OTCPK:CVST) 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.

Covista Communications's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2005 is

	Net-Net Working Capital Per Share (Q: Apr. 2005 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(6.509	+	0.75 * 8.468	+	0.5 * 0	-	10.83
-	0	-	0)	/	17.822
=	0.11

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

Covista Communications's Days Inventory for the three months ended in Apr. 2005 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2005 )	/	Cost of Goods Sold (Q: Apr. 2005 )	*	Days in Period
	=	0	/	6.031	*	365 / 4
	=	0.00

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

Covista Communications's Inventory Turnover for the quarter that ended in Apr. 2005 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Apr. 2005 )	/	Average Total Inventories (Q: Apr. 2005 )
	=	6.031	/	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.

Covista Communications's Inventory to Revenue for the quarter that ended in Apr. 2005 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2005 )	/	Revenue (Q: Apr. 2005 )
	=	0	/	11.253
	=	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.

Covista Communications Total Inventories Related Terms

Covista Communications Total Inventories Historical Data

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The historical data trend for Covista Communications's Total Inventories can be seen below:

Covista Communications Total Inventories Chart

Covista Communications Annual Data

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Covista Communications Quarterly Data
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Total Inventories	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Covista Communications 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.

Frequently Asked Questions Learn more about Total Inventories →

What does a Total Inventories of $0.00 Mil mean?

Covista Communications (CVST) has a Total Inventories of $0.00 Mil as of Apr. 2005. The total amount of inventory as recorded on a company's balance sheet. View historical data for Covista Communications and its competitors.

Is Covista Communications' Total Inventories too high?

Covista Communications' current Total Inventories is $0.00 Mil.

How does Covista Communications' Total Inventories compare to FULO and TWER?

Covista Communications' Total Inventories of $0.00 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Total Inventories for a Telecommunication Services company?

A good Total Inventories depends on the Telecommunication Services industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Total Inventories mean?

A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Covista Communications and its competitors. Covista Communications's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Covista Communications stock overvalued right now?

Covista Communications (CVST) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Inventories calculated?

Total Inventories is calculated from a company's financial statements. For Covista Communications (CVST), the current Total Inventories is $0.00 Mil as of Apr. 2005. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Covista Communications Business Description

Industry Communication Services Telecommunication Services

Comparable Companies FULO BOM:538674 TSXV:VMY.H TWER WAR:ERS WAR:ECL ASX:REF TSXV:ECT XSAT:CHAL B WAR:AIT NSE:ACCORD WAR:TLG XCNQ:RVR DTGI OSTO:WIFOG WAR:U2K BOM:511116 ASX:ZIP JSE:TLM WAR:SFN

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402

Website http://www.covistacommunications.com

Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.