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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.
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.
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 | 0.09 | 0.12 | 0.11 | 0.09 | 0.09 |
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.
Thank you for viewing the detailed overview of Onfolio Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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