NTAC (New Technology Acquisition Holdings) Total Inventories: $0.02 Mil (As of Dec. 2017)


What is New Technology Acquisition Holdings Total Inventories?

New Technology Acquisition Holdings NTAC Total Inventories is $0.02 Mil as of Dec. 2017.

New Technology Acquisition Holdings's total inventories for the quarter that ended in Dec. 2017 was $0.02 Mil. New Technology Acquisition Holdings's average total inventories from the quarter that ended in Sep. 2017 to the quarter that ended in Dec. 2017 was $0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. New Technology Acquisition Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was $0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Technology Acquisition Holdings's Days Inventory for the three months ended in Dec. 2017 was 395.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. New Technology Acquisition Holdings's Inventory Turnover for the quarter that ended in Dec. 2017 was 0.23.

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. New Technology Acquisition Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.59.

New Technology Acquisition Holdings  (OTCPK:NTAC) 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.

New Technology Acquisition Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 is

Net-Net Working Capital Per Share (Q: Dec. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.138+0.75 * 0+0.5 * 0.017-0.019
-0.006-0)/46.415
=0.00

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

New Technology Acquisition Holdings's Days Inventory for the three months ended in Dec. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2017 )/Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=0.013/0.003*365 / 4
=395.42

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

New Technology Acquisition Holdings's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2017 ) / Average Total Inventories (Q: Dec. 2017 )
=0.003 / 0.013
=0.23

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.

New Technology Acquisition Holdings's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=0.013 / 0.022
=0.59

* 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.

New Technology Acquisition Holdings Total Inventories Related Terms

New Technology Acquisition Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for New Technology Acquisition Holdings'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.

New Technology Acquisition Holdings Total Inventories Chart

New Technology Acquisition Holdings Annual Data
Trend Sep00 Sep01 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Total Inventories
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.01

New Technology Acquisition Holdings Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.00 0.01 0.01 0.01 0.02

New Technology Acquisition Holdings 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.02 Mil mean?
New Technology Acquisition Holdings (NTAC) has a Total Inventories of $0.02 Mil as of Dec. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for New Technology Acquisition Holdings and its competitors.
Is New Technology Acquisition Holdings' Total Inventories too high?
New Technology Acquisition Holdings' current Total Inventories is $0.02 Mil.
How does New Technology Acquisition Holdings' Total Inventories compare to BSRC and YGEHY?
New Technology Acquisition Holdings' Total Inventories of $0.02 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Business Services company?
A good Total Inventories depends on the Business Services industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for New Technology Acquisition Holdings and its competitors. New Technology Acquisition Holdings's current Total Inventories is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Technology Acquisition Holdings stock overvalued right now?
New Technology Acquisition Holdings (NTAC) has a current Total Inventories of $0.02 Mil. The current Total Inventories is $0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For New Technology Acquisition Holdings (NTAC), the current Total Inventories is $0.02 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Technology Acquisition Holdings Business Description

Address 5830 E 2nd Street, Suite 7000, No. 4553, Casper, WY, USA, 82609
New Technology Acquisition Holdings has business investment interests in disruptive new technologies and patents, applications, and projects. Research and Development with the aim of commercialization of Intellectual property and development of new products or services, treatments, or other valuable outputs.