MGTI (MGT Capital Investments) Total Inventories : $0.00 Mil (As of Mar. 2024)

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What is MGT Capital Investments Total Inventories?

MGT Capital Investments's total inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. MGT Capital Investments's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MGT Capital Investments's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MGT Capital Investments's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

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. MGT Capital Investments's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

MGT Capital Investments Total Inventories Historical Data

The historical data trend for MGT Capital Investments'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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MGT Capital Investments Total Inventories Chart

MGT Capital Investments Annual Data

Trend

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Total Inventories

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MGT Capital Investments Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

MGT Capital Investments 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.

MGT Capital Investments (OTCPK:MGTI) 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.

MGT Capital Investments'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)
=	(0.026	+	0.75 * 0.014	+	0.5 * 0	-	9.016
-	0	-	0)	/	943.171
=	-0.01

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

MGT Capital Investments'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
	=	0	/	0.095	*	365 / 4
	=	0.00

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

MGT Capital Investments'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 )
	=	0.095	/	0
	=	N/A

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.

MGT Capital Investments'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 )
	=	0	/	0.102
	=	0.00

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.

MGT Capital Investments Total Inventories Related Terms

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MGT Capital Investments Business Description

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Address

2076 Foster Mill Drive, Suite 1110, LaFayette, GA, USA, 30728

Website

https://www.mgtci.com

MGT Capital Investments Inc is a Bitcoin miner company that conducts cryptocurrency activities at a company-owned and managed Bitcoin mining facility in LaFayette, Georgia. Located adjacent to a utility substation, the several-acre property has access to about 20 megawatts (MW) of electrical power, half of which is presently utilized by the Company. Business activities are comprised of self-mining operations and leasing space to third parties.

Executives

Stephen Schaeffer	officer: Chief Operating Officer	512 S. MANGUM STREET, SUITE 408, DURHAM NC 27701
Robert Ladd	director, 10 percent owner	C/O LADDCAP VALUE ADVISORS LLC, 650 FIFTH AVENUE, SUITE 600, NEW YORK NY 10019
Robert S Lowrey	officer: CFO, Treasurer, Secretary	512 S MAGNUM STREET, STE 408, DURHAM NC 27701
Nolan K Bushnell	director	5443 BEETHOVEN ST, LOS ANGELES CA 90066
Hugh Robert Holmes	director	500 MAMARONECK AVENUE, SUITE 204, HARRISON NY 10528
Iroquois Master Fund Ltd.	10 percent owner	641 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Joshua Silverman	10 percent owner	IROQUOIS CAPITAL MANAGEMENT LLC, 205 EAST 42ND ST - 20TH FL., NEW YORK NY 10017
Iroquois Capital Management, Llc	10 percent owner	641 LEXINGTON AVENUE, 26TH FLOOR, NEW YORK, NY 10022
Michael Onghai	director	122 WEST 26TH ST. 5TH FLOOR, NEW YORK NY 10001
J&s Gaming, Inc.	10 percent owner	12 MAY HILL LANE, DIX HILLS NY 11746
Laddcap Value Partners Iii Llc	other: Managing Member	335 MADISON AVENUE, SUITE 1100, NEW YORK NY 10017
Robert Paul Traversa	officer: Chief Financial Officer	C/O MGT CAPITAL INVESTMENTS, INC., 500 MAMARONECK AVENUE, SUITE 204, HARRISON NY 10528
Neal Wyman	director	KENSINGTON CENTRE, 66 HAMMERSMITH ROAD, LONDON X0 W14 8UD
Peter Venton	director	KENSINGTON CENTRE, 66 HAMMERSMITH ROAD, LONDON X0 W14 8UD
Richard Wolfe Cohen	director	ONE NORTH BROADWAY, SUITE 509, WHITE PLAINS NY 10601