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TurnOnGreen (TurnOnGreen) Total Inventories : $1.11 Mil (As of Mar. 2024)


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What is TurnOnGreen Total Inventories?

TurnOnGreen's total inventories for the quarter that ended in Mar. 2024 was $1.11 Mil. TurnOnGreen's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $1.22 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TurnOnGreen's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TurnOnGreen's Days Inventory for the three months ended in Mar. 2024 was 167.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. TurnOnGreen's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

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. TurnOnGreen's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.00.


TurnOnGreen Total Inventories Historical Data

The historical data trend for TurnOnGreen'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.

TurnOnGreen Total Inventories Chart

TurnOnGreen Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial - 0.01 1.25 2.60 1.34

TurnOnGreen Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.46 2.18 1.87 1.34 1.11

TurnOnGreen 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.


TurnOnGreen  (OTCPK:TOGI) 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.

TurnOnGreen'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)
=(0.103+0.75 * 0.718+0.5 * 1.105-34.891
-0-0)/183.944
=-0.18

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

TurnOnGreen'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
=1.222/0.667*365 / 4
=167.18

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

TurnOnGreen'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 )
=0.667 / 1.222
=0.55

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.

TurnOnGreen'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 )
=1.222 / 1.225
=1.00

* 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.


TurnOnGreen Total Inventories Related Terms

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TurnOnGreen (TurnOnGreen) Business Description

Traded in Other Exchanges
N/A
Address
1421 McCarthy Boulevard, Las Vegas, NV, USA, 95035
TurnOnGreen Inc is a company that designs and manufactures innovative, feature-rich, and top-quality power products for mission-critical applications, lifesaving and sustaining applications spanning multiple sectors in the harshest environments. The diverse markets it serves include defense and aerospace, medical and healthcare, industrial, telecommunications and e-Mobility.
Executives
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Amos Kohn director, officer: Chief Executive Officer 48430 LAKEVIEW BLVD., C/O DIGITAL POWER CORP, FREMONT CA 94538
Douglas Gintz director, officer: Chief Technology Officer C/O TURNONGREEN, INC., 1421 MCCARTHY BLVD., MILPITAS CA 95035
Marcus Charuvastra officer: President 2980 BEVERLY GLEN CIR.,, STE 100, LOS ANGELES CA 90077
Henry Carl Nisser director, officer: Chief Executive Officer 100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
David J Katzoff officer: CFO, Secretary, Treasurer 201 SHIPYARD WAY, NEWPORT BEACH CA 92663
Kristie Andreula officer: Chief R and D Officer 30 N GOULD STREET, SUITE 11023, SHERIDAN WY 82801
Vincent Andruela director, officer: CEO, CFO, and President 30 N GOULD STREET, SUITE 11023, SHERIDAN WY 82801
Michael Andreula officer: Chief Marketing Officer 30 N GOULD STREET, SUITE 11023, SHERIDAN WY 82801
Karada Ltd 10 percent owner TRUST COMPANY COMPLEX, AJELTAKE ROAD, AJELTAKE, MAJURO 1T MAJURO
Lars Brannvall director, officer: President, CEO, CFO, Secretary SUITE 5.18, MLS BUSINESS CENTRE, 130 SHAFTESBURY AVENUE, LONDON X0 W1D 5EU
Colour Industry Inc. 10 percent owner PRASANMITR THANI TOWER, SUITE 2404, 41 SUKHUMVIT SOI 23, KLONGTOEY NUA, WATTANA, BANGKOK W1 10110
Coloured Industry Technology Partnership 2 Llp 10 percent owner 4 BEDFORD ROW, LONDON X0 WC1R 4DF
Mobile Warrior Technology Partnership Llp 10 percent owner 4 BEDFORD ROW, LONDON X0 WC1R 4DF