EMAX (Ecomax) Total Inventories: $0.04 Mil (As of Mar. 2024)

What is Ecomax Total Inventories?

Ecomax EMAX 7 Total Inventories is $0.04 Mil as of Mar. 2024. GuruFocus rates EMAX with a GF Score™ of 7/100.

Ecomax's total inventories for the quarter that ended in Mar. 2024 was $0.04 Mil. Ecomax's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 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. Ecomax's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ecomax's Days Inventory for the three months ended in Mar. 2024 was 50.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecomax's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.82.

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. Ecomax's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.

Ecomax (OTCPK:EMAX) 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.

Ecomax's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 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 * 0.038	+	0.5 * 0.036	-	0.414
-	0	-	0)	/	2.381
=	-0.15

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

Ecomax's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.0445	/	0.081	*	365 / 4
	=	50.13

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

Ecomax's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	0.081	/	0.0445
	=	1.82

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.

Ecomax's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.0445	/	0.109
	=	0.41

* 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.

Ecomax Total Inventories Related Terms

Ecomax Total Inventories Historical Data

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

Ecomax Total Inventories Chart

Ecomax Annual Data

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Ecomax Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															0.06	0.07	0.04	0.05	0.04

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Ecomax 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 $0.04 Mil mean?

Ecomax (EMAX) has a Total Inventories of $0.04 Mil as of Mar. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ecomax and its competitors.

Is Ecomax's Total Inventories too high?

Ecomax's current Total Inventories is $0.04 Mil. Overall, Ecomax has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.

How does Ecomax's Total Inventories compare to MTLK and NIMU?

Ecomax's Total Inventories of $0.04 Mil can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?

A good Total Inventories depends on the Diversified Financial 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 Ecomax and its competitors. Ecomax's current Total Inventories is $0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ecomax stock overvalued right now?

Ecomax (EMAX) has a current Total Inventories of $0.04 Mil. The current Total Inventories is $0.04 Mil. Ecomax's overall GF Score™ is 7/100. 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 Ecomax (EMAX), the current Total Inventories is $0.04 Mil as of Mar. 2024. 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.

Ecomax Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies MTLK NIMU KATX CRVH GYGC BISA AMLH BOTH BFYW UBYH AACT ANSC AAM EQV NETD CCIX GPAT ALF MBAV CCIR

Address 630 Fifth Avenue, Suite 2338, New York, NY, USA, 10020

Website http://www.ecomatinc.com

Ecomax Inc is seeking new business opportunities.

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