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KITT (Nauticus Robotics) Total Inventories : $2.23 Mil (As of Sep. 2024)


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What is Nauticus Robotics Total Inventories?

Nauticus Robotics's total inventories for the quarter that ended in Sep. 2024 was $2.23 Mil. Nauticus Robotics's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $2.22 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nauticus Robotics's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-10.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nauticus Robotics's Days Inventory for the three months ended in Sep. 2024 was 76.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nauticus Robotics's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.19.

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. Nauticus Robotics's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 6.01.


Nauticus Robotics Total Inventories Historical Data

The historical data trend for Nauticus Robotics'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.

Nauticus Robotics Total Inventories Chart

Nauticus Robotics Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
- - 6.67 2.20

Nauticus Robotics Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.96 2.20 2.22 2.22 2.23

Nauticus Robotics 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.


Nauticus Robotics  (NAS:KITT) 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.

Nauticus Robotics's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.916+0.75 * 0.398+0.5 * 2.23-61.494
-0-0)/5.635
=-10.14

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

Nauticus Robotics's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=2.224/2.648*365 / 4
=76.64

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

Nauticus Robotics's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=2.648 / 2.224
=1.19

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.

Nauticus Robotics's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2.224 / 0.37
=6.01

* 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.


Nauticus Robotics Total Inventories Related Terms

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Nauticus Robotics Business Description

Traded in Other Exchanges
N/A
Address
17146 Feathercraft Lane, Suite 450, Webster, TX, USA, 77598
Nauticus Robotics Inc develops autonomous robots for the ocean industries. The company's business model includes using robotic systems for service, selling vehicles and components, and licensing of related software to both the commercial and defense business sectors. Nauticus' services provide customers with the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets while reducing their operational footprint, operating cost, and greenhouse gas emissions, to improve offshore health, safety, and environmental exposure.
Executives
Gibson John W Jr director, officer: President 10603 W. SAM HOUSTON PKWY N., SUITE 300, HOUSTON TX 77064
William Flores director 25 BEACON HILL, SUGAR LAND TX 77479
Nicolaus Radford director, officer: Chief Executive Officer C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Donnelly A. Bohan officer: Chief Operating Officer C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
John Yamokoski officer: Chief Technology Officer C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Nicholas J. Bigney officer: General Counsel 15710 ELKINS CREEK COURT, HOUSTON TX 77044
Lisa J. Porter director C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Transocean Inc 10 percent owner 4 GREENWAY PLAZA, HOUSTON TX 77046
Tommy W Matura officer: Vice President of Accounting 101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Transocean Ltd. 10 percent owner TURMSTRASSE 30, STEINHAUSEN V8 6312
Dilshad Kasmani officer: Chief LAO C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
B.v. Schlumberger 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Holdings Corp 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Technology Corp 10 percent owner 300 SCHLUMBERGER DRIVE, MD 23, SUGAR LAND TX 77478
Limited/nv Schlumberger 10 percent owner 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056