DVLP (Golden Developing Solutions) Total Inventories: $0.69 Mil (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Golden Developing Solutions Total Inventories?

Golden Developing Solutions DVLP -90.00% Total Inventories is $0.69 Mil as of Jun. 2023.

Golden Developing Solutions's total inventories for the quarter that ended in Jun. 2023 was $0.69 Mil. Golden Developing Solutions's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was $0.66 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Golden Developing Solutions's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Golden Developing Solutions's Days Inventory for the three months ended in Jun. 2023 was 133.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Golden Developing Solutions's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.68.

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. Golden Developing Solutions's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.74.

Golden Developing Solutions  (OTCPK:DVLP) 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.

Golden Developing Solutions's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.323+0.75 * 0.368+0.5 * 0.688-9.196
-0.032-0)/1413.491
=-0.01

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

Golden Developing Solutions's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.657/0.45*365 / 4
=133.23

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

Golden Developing Solutions's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=0.45 / 0.657
=0.68

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.

Golden Developing Solutions's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0.657 / 0.882
=0.74

* 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.

Golden Developing Solutions Total Inventories Related Terms

Golden Developing Solutions Total Inventories Historical Data

* Premium members only.

The historical data trend for Golden Developing Solutions'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.

Golden Developing Solutions Total Inventories Chart

Golden Developing Solutions Annual Data
Trend Dec21 Dec22
Total Inventories
0.00 0.00

Golden Developing Solutions Quarterly Data
Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.63 0.69

Golden Developing Solutions 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 $0.69 Mil mean?
Golden Developing Solutions (DVLP) has a Total Inventories of $0.69 Mil as of Jun. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Golden Developing Solutions and its competitors.
Is Golden Developing Solutions' Total Inventories too high?
Golden Developing Solutions' current Total Inventories is $0.69 Mil.
How does Golden Developing Solutions' Total Inventories compare to CSTF and BLMS?
Golden Developing Solutions' Total Inventories of $0.69 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Inventories depends on the Drug Manufacturers 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 Golden Developing Solutions and its competitors. Golden Developing Solutions's current Total Inventories is $0.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Developing Solutions stock overvalued right now?
Golden Developing Solutions (DVLP) has a current Total Inventories of $0.69 Mil. The current Total Inventories is $0.69 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 Golden Developing Solutions (DVLP), the current Total Inventories is $0.69 Mil as of Jun. 2023. 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.

Golden Developing Solutions Business Description

Address PO Box 460573, Fort Lauderdale, FL, USA, 33346
Golden Developing Solutions Inc is a development-stage company providing business services and/or products supporting Health, Wellness, and Technology. The company is also focused on acquisitions of synergistic companies.