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Onfolio Holdings (Onfolio Holdings) Total Inventories : $0.09 Mil (As of Mar. 2024)


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What is Onfolio Holdings Total Inventories?

Onfolio Holdings's total inventories for the quarter that ended in Mar. 2024 was $0.09 Mil. Onfolio Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.09 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Onfolio Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.57.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Onfolio Holdings's Days Inventory for the three months ended in Mar. 2024 was 14.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Onfolio Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.27.

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. Onfolio Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.


Onfolio Holdings Total Inventories Historical Data

The historical data trend for Onfolio 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.

* Premium members only.

Onfolio Holdings Total Inventories Chart

Onfolio Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
0.04 0.10 0.11 0.09

Onfolio Holdings Quarterly Data
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 0.09 0.12 0.11 0.09 0.09

Onfolio 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.


Onfolio Holdings  (NAS:ONFO) 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.

Onfolio Holdings'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)
=(0.53+0.75 * 0.124+0.5 * 0.093-3.444
-0-0.125)/5.1074
=-0.57

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

Onfolio Holdings'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
=0.093/0.583*365 / 4
=14.56

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

Onfolio Holdings'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 )
=0.583 / 0.093
=6.27

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.

Onfolio Holdings'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 )
=0.093 / 1.587
=0.06

* 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.


Onfolio Holdings Total Inventories Related Terms

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Onfolio Holdings (Onfolio Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1007 North Orange Street, 4th Floor, Wilmington, DE, USA, 19801
Onfolio Holdings Inc acquires and manages a diversified portfolio of online businesses across a broad range of verticals, each with a niche content focus and brand identity. The company operates in the following verticals: Pets, Arts and Crafts, B2B SEO Services, Molecular Hydrogen Supplements, Computers, Graphic Design, and People Search.
Executives
Yury Byalik officer: Head of Strategy & Acquisition 2400 S OCEAN DRIVE #728, FORT PIERCE FL 34949
Braake Robertus Te officer: Interim CFO RUA ANTONIO DA SILVA 127 6FRT, CASCAIS S1 2750-101
Robert J Lipstein director 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Mark N Schwartz director
Wells Dominic Benjamin James director, 10 percent owner, officer: CEO, CRO, Chair of Board 10F NO 136, LANE 162, JINGYESAN ROAD, ZHONGSHAN DISTRICT, TAIPEI CITY F5 104
Van Heerden Esbe Louise officer: President 12A BENTLEY STREET, CHRISTCHURCH Q2 8042
Adam Michael Trainor officer: Chief Operations Officer 1420 RENAISSANCE DRIVE, APT P104, LONGMONT CO 80503
David Christopher Mckeegan director 2885 SANFORD AVE SW, SW14713, GRANDVILLE MI 49418
Andrew John Lawrence director 329 S OYSTER BAY RD. #514, PLAINVIEW NY 11803
Hawkins Jack Wayne Iii officer: Chief Financial Officer 613 NEW NORWALK ROAD, NEW CANAAN CT 06840