GetSwift Technologies (GetSwift Technologies) Total Inventories : $1.68 Mil (As of Mar. 2021)

View and export this data going back to 2021. Start your Free Trial

What is GetSwift Technologies Total Inventories?

GetSwift Technologies's total inventories for the quarter that ended in Mar. 2021 was $1.68 Mil. GetSwift Technologies's average total inventories from the quarter that ended in Sep. 2020 to the quarter that ended in Mar. 2021 was $0.84 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GetSwift Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2021 was $0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GetSwift Technologies's Days Inventory for the three months ended in Mar. 2021 was 39.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. GetSwift Technologies's Inventory Turnover for the quarter that ended in Mar. 2021 was 2.31.

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. GetSwift Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 0.32.

GetSwift Technologies Total Inventories Historical Data

The historical data trend for GetSwift 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.

GetSwift Technologies Total Inventories Chart

GetSwift Technologies Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Total Inventories

1.66

GetSwift Technologies Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21
Total Inventories	Get a 7-Day Free Trial											-	-	1.66	-	1.68

GetSwift 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.

GetSwift Technologies (OTCPK:GTSWF) 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.

GetSwift Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2021 is

	Net-Net Working Capital Per Share (Q: Mar. 2021 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.843	+	0.75 * 3.781	+	0.5 * 1.675	-	9.421
-	0	-	3.771)	/	30.7642
=	0.08

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

GetSwift Technologies's Days Inventory for the three months ended in Mar. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2021 )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
	=	0.8375	/	1.932	*	365 / 4
	=	39.56

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

GetSwift Technologies's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2021 )	/	Average Total Inventories (Q: Mar. 2021 )
	=	1.932	/	0.8375
	=	2.31

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.

GetSwift Technologies's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2021 )	/	Revenue (Q: Mar. 2021 )
	=	0.8375	/	2.642
	=	0.32

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.

GetSwift Technologies Total Inventories Related Terms

Thank you for viewing the detailed overview of GetSwift Technologies's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

GetSwift Technologies (GetSwift Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GetSwift Technologies Ltd (OTCPK:GTSWF) » Definitions » Total Inventories

Comparable Companies

TSXV:ID XSAT:JOJK XCNQ:PLNK ASX:AO1 WAR:ITL WAR:MAD XCNQ:PPK OCSE:NEXCOM TSXV:NPA XCNQ:PUSH

Traded in Other Exchanges

N/A

Address

1185 6th Avenue, New York, NY, USA, 10036

Website

https://www.getswift.co

GetSwift Technologies Ltd is a technology and services company that offers a suite of software, products, and services through its operating subsidiaries, which are focused on business and logistics and automation, data management and analysis, communications, information security, and infrastructure optimization and also includes e-commerce and marketplace ordering, workforce management, data analytics and augmentation, business intelligence, route optimization, cash management, task management shift management, asset tracking, real-time alerts, cloud communications, and communications infrastructure services and products through consulting, design, construction, and maintenance.