NUHRF (Nuheara) Total Inventories: $1.43 Mil (As of Jun. 2023)


NUHRF Nuheara Ltd NUHRF
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What is Nuheara Total Inventories?

Nuheara NUHRF 12 Total Inventories is $1.43 Mil as of Jun. 2023. GuruFocus rates NUHRF with a GF Score™ of 12/100.

Nuheara's total inventories for the quarter that ended in Jun. 2023 was $1.43 Mil. Nuheara's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was $1.86 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nuheara's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nuheara's Days Inventory for the six months ended in Jun. 2023 was 476.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nuheara's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.38.

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. Nuheara's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 2.38.


Nuheara  (OTCPK:NUHRF) 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.

Nuheara's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.557+0.75 * 0.509+0.5 * 1.43-5.307
-0-0.003)/199.096
=-0.01

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

Nuheara's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=1.8605/0.713*365 / 2
=476.21

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

Nuheara's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=0.713 / 1.8605
=0.38

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.

Nuheara's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=1.8605 / 0.783
=2.38

* 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.


Nuheara Total Inventories Related Terms


Nuheara Total Inventories Historical Data

* Premium members only.

The historical data trend for Nuheara'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.

Nuheara Total Inventories Chart

Nuheara Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.98 0.84 2.36 1.43

Nuheara Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.84 2.42 2.36 2.29 1.43
NUHRF
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Nuheara Ltd NUHRF
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Nuheara 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 $1.43 Mil mean?
Nuheara (NUHRF) has a Total Inventories of $1.43 Mil as of Jun. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Nuheara and its competitors.
Is Nuheara's Total Inventories too high?
Nuheara's current Total Inventories is $1.43 Mil. Overall, Nuheara has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Nuheara's Total Inventories compare to AAPL?
Nuheara's Total Inventories of $1.43 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Inventories depends on the Hardware 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 Nuheara and its competitors. Nuheara's current Total Inventories is $1.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuheara stock overvalued right now?
Nuheara (NUHRF) has a current Total Inventories of $1.43 Mil. The current Total Inventories is $1.43 Mil. Nuheara's overall GF Score™ is 12/100. 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 Nuheara (NUHRF), the current Total Inventories is $1.43 Mil as of Jun. 2023. 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.

Nuheara Business Description

Address 190 Aberdeen Street, Northbridge, Sydney, WA, AUS, 6003
Nuheara Ltd is an Australia based company that engages in the development, manufacture, and sale of hearing aids. The principal activity of the company is the development and commercialization of its proprietary hearing and wearables technology platform that aims to combine speech augmentation software with spatial directionality and placement, Bluetooth connectivity, and application software components. Some of its products include IQbuds2 MAX, IQbuds BOOST, IQstream TV, and Bluetooth Transmitter.
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