NextGen Food Robotics (NEOE:NGRB) Total Inventories : C$0.00 Mil (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is NextGen Food Robotics Total Inventories?

NextGen Food Robotics's total inventories for the quarter that ended in Jan. 2024 was C$0.00 Mil. NextGen Food Robotics's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was C$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NextGen Food Robotics's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was C$-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NextGen Food Robotics's Days Inventory for the three months ended in Jan. 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. NextGen Food Robotics's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.00.

NextGen Food Robotics Total Inventories Historical Data

The historical data trend for NextGen Food 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.

NextGen Food Robotics Total Inventories Chart

NextGen Food Robotics Annual Data

Trend

Apr22

Apr23

Total Inventories

NextGen Food Robotics Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Inventories	Get a 7-Day Free Trial						-	-	-	-	-

NextGen Food 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.

NextGen Food Robotics (NEOE:NGRB) 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.

NextGen Food Robotics's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

	Net-Net Working Capital Per Share (Q: Jan. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.178	+	0.75 * 0.002	+	0.5 * 0	-	1.27
-	0	-	0)	/	50.5555
=	-0.00

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

NextGen Food Robotics's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	0	/	0.084	*	365 / 4
	=	0.00

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

NextGen Food Robotics's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	0.084	/	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.

NextGen Food Robotics's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	0	/	0.064
	=	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.

NextGen Food Robotics Total Inventories Related Terms

Thank you for viewing the detailed overview of NextGen Food Robotics's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

NextGen Food Robotics (NEOE:NGRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NextGen Food Robotics Corp (NEOE:NGRB) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

NGRBF:USA O83:Germany

Address

855 Terminal Avenue, Vancouver, BC, CAN, V6A 2M9

Website

https://www.nextgenai.ca

NextGen Food Robotics Corp is a multi-division food manufacturing operation that offers commissary and ghost kitchens, co-pack and private label contract manufacturing, and in-house production of the Company's plant-based brand. Additionally, Nextgen is developing the Lily app, which is an AI-powered food application. The Company has two operating segments: co-packing and manufacturing operations and commissary kitchen operations in Canada.

NextGen Food Robotics (NEOE:NGRB) Headlines

No Headlines