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DVNCF (Danavation Technologies) Total Inventories : $0.19 Mil (As of Jan. 2024)


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What is Danavation Technologies Total Inventories?

Danavation Technologies's total inventories for the quarter that ended in Jan. 2024 was $0.19 Mil. Danavation Technologies's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $0.19 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Danavation Technologies's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Danavation Technologies's Days Inventory for the three months ended in Jan. 2024 was 1,542.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Danavation Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.06.

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. Danavation Technologies's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 13.29.

Danavation Technologies Total Inventories Historical Data

The historical data trend for Danavation Technologies'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.

Danavation Technologies Total Inventories Chart

Danavation Technologies Annual Data
Trend Dec19 Jul20 Jul21 Jul22 Jul23
Total Inventories
- 0.02 0.09 0.35 0.19

Danavation Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.23 0.19 0.18 0.19

Danavation Technologies 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.

Danavation Technologies  (OTCPK:DVNCF) 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.

Danavation Technologies's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0.17+0.5 * 0.188-7.223
-0-0)/120.825
=-0.06

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

Danavation Technologies's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=0.186/0.011*365 / 4
=1,542.95

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

Danavation Technologies's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=0.011 / 0.186
=0.06

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.

Danavation Technologies's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=0.186 / 0.014
=13.29

* 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.

Danavation Technologies Total Inventories Related Terms

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Danavation Technologies Business Description

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Traded in Other Exchanges
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Address
21 Roybridge Gate, Woodbridge, Vaughan, ON, CAN, L4H 1E6
Website
https://www.danavation.com
Danavation Technologies Corp is an internet of things(IoT) technology company, that provides micro e-paper displays to organizations across North America. The company's Digital Smart Labels, powered by IoT automation technology and software Platform-as-a-Service, enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labour costs and low productivity associated with traditional labour-intensive workflows. The primary revenue streams are; Hardware, Installation and configuration and Software agreements.