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KULR Technology Group (KULR Technology Group) Total Inventories : $1.15 Mil (As of Dec. 2023)


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What is KULR Technology Group Total Inventories?

KULR Technology Group's total inventories for the quarter that ended in Dec. 2023 was $1.15 Mil. KULR Technology Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $1.35 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. KULR Technology Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KULR Technology Group's Days Inventory for the three months ended in Dec. 2023 was 74.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. KULR Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.22.

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. KULR Technology Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.58.


KULR Technology Group Total Inventories Historical Data

The historical data trend for KULR Technology 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.

* Premium members only.

KULR Technology Group Total Inventories Chart

KULR Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 0.03 0.06 0.19 1.96 1.15

KULR Technology Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.96 1.67 1.38 1.55 1.15

KULR Technology 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.


KULR Technology Group  (AMEX:KULR) 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.

KULR Technology Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.195+0.75 * 0.902+0.5 * 1.149-13.047
-0-0)/133.901
=-0.08

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

KULR Technology Group's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=1.35/1.651*365 / 4
=74.61

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

KULR Technology Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1.651 / 1.35
=1.22

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.

KULR Technology Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=1.35 / 2.334
=0.58

* 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.


KULR Technology Group Total Inventories Related Terms

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KULR Technology Group (KULR Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
4863 Shawline Street, San Diego, CA, USA, 92111
KULR Technology Group Inc develops and commercializes high-performance thermal management technologies for electronics, batteries, and other components. The company is focused on targeting the following applications: electric vehicles and autonomous driving systems; artificial intelligence and Cloud computing; energy storage; and 5G communication technologies. Its product portfolio includes ARA Thermal Capacitor, CRUX Cathode, HYDRA Thermal Runaway Shield, LYRA ISC Trigger Cell, URSA Fiber Thermal Interface, and VEGA Internal Short Circuit.
Executives
Michael Mo director, 10 percent owner, officer: CEO 14440 BIG BASIN WAY, #12, SARATOGA CA 95070
Timothy Ray Knowles director, officer: Chief Technical Officer C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
Shawn Canter officer: Chief Financial Officer 4863 SHAWLINE STREET, SAN DIEGO CA 92111
William Quinn Walker officer: Chief Technology Officer 626 BEALS CREEK LANE, WEBSTER TX 77598
Terry Keith Cochran officer: President and COO 1999 S BASCOM AVE, SUITE 700, CAMPBELL CA 95008
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Joanna D. Massey director 1999 S. BASCOM AVE, SUITE 700, CAMPBELL CA 95008
Morio Kurosaki director 1-2-14 ICHIGAYASADOHARA, SHINJUKU-KU, TOKYO M0 162-0842
Simon P Westbrook officer: Chief Financial Officer 4920 EL CAMINO REAL, STE 100, LOS ALTOS CA 94022
George Ernest Henschke officer: Interim Prin. Fin. Off., Treas C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
Michael Gerald Carpenter officer: Vice President of Engineering C/O KT HIGH-TECH MARKETING INC., 14440 BIG BASIN WAY #12, SARATOGA CA 95070
James M Cassidy director, 10 percent owner, officer: president,secretary,treasurer 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop director, 10 percent owner, officer: VP 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212