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Minim (MINM) Total Inventories : $0.00 Mil (As of Mar. 2024)


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What is Minim Total Inventories?

Minim's total inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. Minim's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $4.98 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Minim's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minim's Days Inventory for the three months ended in Mar. 2024 was 1,048.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minim's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.09.

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. Minim's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 7.78.


Minim Total Inventories Historical Data

The historical data trend for Minim'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.

Minim Total Inventories Chart

Minim Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.44 16.51 33.89 25.42 9.95

Minim 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 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 22.77 18.47 10.49 9.95 -

Minim 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.


Minim  (NAS:MINM) 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.

Minim'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)
=(1.027+0.75 * 0.022+0.5 * 0-1.42
-1.359-0)/2.80969
=-0.62

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

Minim'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
=4.9765/0.433*365 / 4
=1,048.74

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

Minim'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 )
=0.433 / 4.9765
=0.09

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.

Minim'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 )
=4.9765 / 0.64
=7.78

* 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.


Minim Total Inventories Related Terms

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Minim (MINM) Business Description

Traded in Other Exchanges
Address
848 Elm Street, Manchester, NH, USA, 03101
Minim Inc manufactures communications equipment. The company delivers smart software-driven communications products under the Motorola brand. Its hardware products include cable modems, cable modems/routers, mobile broadband modems, wireless routers, MoCA adapters, and mesh home networking devices. Geographically, it generates nearly all of its revenue from North America.
Executives
Elizabeth Cash Hitchcock director, 10 percent owner 848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Jeremy P. Hitchcock director, 10 percent owner 848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Andrew F. Papanicolau director 848 ELM STREET, MANCHESTER NH 03101
Mehul A Patel officer: Chief Financial Officer 3770 BLACKBURN COURT, CHALFONT PA 18914
Dustin Tacker officer: Interim Chief Acctng. Officer 224 ATLANTIC ST, GLOUCESTER MA 01930
Daniel A Artusi director 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Hitchcock Elizabeth Sarah Cash director, 10 percent owner 101 ARCH STREET, BOSTON MA 02110
Sandra Kaye Howe director 101 ARCH STREET, BOSTON MA 02110
David Bradley Aronoff director 101 ARCH STREET, BOSTON MA 02110
Graham James Chynoweth director, officer: Chief Executive Officer 101 ARCH STREET, BOSTON MA 02110
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Sean Patrick Doherty officer: Chief Financial Officer 101 ARCH STREET, BOSTON MA 02110
Nicole Elisabeth Zheng officer: President & CMO 101 ARCH STREET, BOSTON MA 02110
John Lauten officer: Chief Operating Officer 848 ELM STREET, MANCHESTER NH 03101
Terry Manning officer: VP of Sales & Marketing