Resqunit AB (OSTO:RESQ) Total Inventories : kr2.13 Mil (As of Jun. 2023)

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What is Resqunit AB Total Inventories?

Resqunit AB's total inventories for the quarter that ended in Jun. 2023 was kr2.13 Mil. Resqunit AB's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was kr1.53 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Resqunit AB's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was kr-0.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Resqunit AB's Days Inventory for the six months ended in Jun. 2023 was 653.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Resqunit AB's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.28.

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. Resqunit AB's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 2.60.

Resqunit AB Total Inventories Historical Data

The historical data trend for Resqunit AB'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.

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Resqunit AB Total Inventories Chart

Resqunit AB Annual Data

Trend

Dec21

Dec22

Total Inventories

0.15

0.93

Resqunit AB Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23
Total Inventories	-	0.32	0.93	2.13

Resqunit AB 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.

Resqunit AB (OSTO:RESQ) 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.

Resqunit AB'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)
=	(1.081	+	0.75 * 0	+	0.5 * 2.129	-	9.161
-	0	-	-0.079)	/	11.9883
=	-0.58

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

Resqunit AB'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
	=	1.529	/	0.427	*	365 / 2
	=	653.50

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

Resqunit AB'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 )
	=	0.427	/	1.529
	=	0.28

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.

Resqunit AB'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 )
	=	1.529	/	0.588
	=	2.60

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.

Resqunit AB Total Inventories Related Terms

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Resqunit AB (OSTO:RESQ) Business Description

Industry

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Traded in Other Exchanges

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Address

Grenseveien 21, Sandnes, NOR, 4313

Website

https://www.resqunit.com

Resqunit AB is an ocean tech company developing innovative equipment to disarm and retrieve lost fishing gear. Through sensor data collection and software, the company aims to increase knowledge about the oceans and increase catch predictability.

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