GFAI (Guardforce AI Co) Total Inventories : $0.50 Mil (As of Jun. 2024)

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What is Guardforce AI Co Total Inventories?

Guardforce AI Co's total inventories for the quarter that ended in Jun. 2024 was $0.50 Mil. Guardforce AI Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $0.58 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Guardforce AI Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guardforce AI Co's Days Inventory for the six months ended in Jun. 2024 was 7.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guardforce AI Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 24.87.

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. Guardforce AI Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.03.

Guardforce AI Co Total Inventories Historical Data

The historical data trend for Guardforce AI Co'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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Guardforce AI Co Total Inventories Chart

Guardforce AI Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

0.16

0.63

1.47

5.26

0.65

Guardforce AI Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial					8.92	5.26	1.79	0.65	0.50

Guardforce AI Co 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.

Guardforce AI Co (NAS:GFAI) 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.

Guardforce AI Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(13.979	+	0.75 * 5.317	+	0.5 * 0.502	-	12.569
-	0	-	-0.071)	/	10.237
=	0.56

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

Guardforce AI Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0.576	/	14.327	*	365 / 2
	=	7.34

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

Guardforce AI Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	14.327	/	0.576
	=	24.87

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.

Guardforce AI Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0.576	/	17.567
	=	0.03

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.

Guardforce AI Co Total Inventories Related Terms

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Guardforce AI Co Business Description

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Address

10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903

Website

https://www.guardforceai.com

Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.