Freedom Internet Group (Freedom Internet Group) Total Inventories : $0.00 Mil (As of Jan. 2023)

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What is Freedom Internet Group Total Inventories?

Freedom Internet Group's total inventories for the quarter that ended in Jan. 2023 was $0.00 Mil. Freedom Internet Group's average total inventories from the quarter that ended in Oct. 2022 to the quarter that ended in Jan. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Freedom Internet Group's Net-Net Working Capital per share for the quarter that ended in Jan. 2023 was $0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Freedom Internet Group's Days Inventory for the three months ended in Jan. 2023 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. Freedom Internet Group's Inventory-to-Revenue for the quarter that ended in Jan. 2023 was 0.00.

Freedom Internet Group Total Inventories Historical Data

The historical data trend for Freedom Internet Group'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.

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Freedom Internet Group Total Inventories Chart

Freedom Internet Group Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Total Inventories

Freedom Internet Group Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Total Inventories	Get a 7-Day Free Trial									-	-	-	-	-

Freedom Internet Group 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.

Freedom Internet Group (OTCPK:FIGI) 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.

Freedom Internet Group's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2023 is

	Net-Net Working Capital Per Share (Q: Jan. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.276	+	0.75 * 0	+	0.5 * 0	-	0.022
-	0	-	0)	/	11.1322
=	0.02

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

Freedom Internet Group's Days Inventory for the three months ended in Jan. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2023 )	/	Cost of Goods Sold (Q: Jan. 2023 )	*	Days in Period
	=	0	/	0.031	*	365 / 4
	=	0.00

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

Freedom Internet Group's Inventory Turnover for the quarter that ended in Jan. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2023 )	/	Average Total Inventories (Q: Jan. 2023 )
	=	0.031	/	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.

Freedom Internet Group's Inventory to Revenue for the quarter that ended in Jan. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2023 )	/	Revenue (Q: Jan. 2023 )
	=	0	/	0.02
	=	0.00

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.

Freedom Internet Group Total Inventories Related Terms

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Freedom Internet Group (Freedom Internet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Freedom Internet Group Inc (OTCPK:FIGI) » Definitions » Total Inventories

Comparable Companies

NISN AHG LMFA PT BWMY DXF SNTG JT WEIDY AIHS V MA AXP PYPL COF BOM:500034 DFS TSE:8591 SYF ALLY

Traded in Other Exchanges

N/A

Address

151 Calle San Francisco, Suite 200, San Juan, PRI, 00901

Website

https://www.figiroyalty.com

Freedom Internet Group Inc is engaged in the business of acquiring, holding, and managing royalty interests derived from Internet-based businesses, referred to as operators. The purchase of royalty interests by a company enables entrepreneurs to raise non-dilutive capital and retain control of their businesses. The company generates revenue from physical or digital product sales, subscriptions, and advertising.

Executives

Noah Rosenfarb	director, 10 percent owner, officer: CFO	12178 NW 69TH CT PARKLAND FL 33076
Ronald Rosenfarb	director, officer: COO	4123 ISLA VERDE AVE APT 1505 CAROLINA PR 00979
Alton Chapman	director, 10 percent owner, officer: CEO	3460 KINGSBORO RD NE APT 640 ATLANTA GA 30326

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