Viva Entertainment Group (Viva Entertainment Group) Total Inventories : $0.00 Mil (As of Apr. 2022)

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What is Viva Entertainment Group Total Inventories?

Viva Entertainment Group's total inventories for the quarter that ended in Apr. 2022 was $0.00 Mil. Viva Entertainment Group's average total inventories from the quarter that ended in Apr. 2021 to the quarter that ended in Apr. 2022 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Viva Entertainment Group's Net-Net Working Capital per share for the quarter that ended in Apr. 2022 was $-0.01.

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

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

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. Viva Entertainment Group's Inventory-to-Revenue for the quarter that ended in Apr. 2022 was 0.00.

Viva Entertainment Group Total Inventories Historical Data

The historical data trend for Viva Entertainment Group'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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Viva Entertainment Group Total Inventories Chart

Viva Entertainment Group Annual Data

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Total Inventories

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Viva Entertainment Group Semi-Annual Data
	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Apr21	Apr22
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Viva Entertainment Group 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.

Viva Entertainment Group (OTCPK:OTTV) 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.

Viva Entertainment Group's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2022 is

	Net-Net Working Capital Per Share (Q: Apr. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0	+	0.5 * 0	-	6.976
-	0	-	0)	/	545.821
=	-0.01

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

Viva Entertainment Group's Days Inventory for the six months ended in Apr. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2022 )	/	Cost of Goods Sold (Q: Apr. 2022 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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

Viva Entertainment Group's Inventory Turnover for the quarter that ended in Apr. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Apr. 2022 )	/	Average Total Inventories (Q: Apr. 2022 )
	=	0	/	0
	=	N/A

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.

Viva Entertainment Group's Inventory to Revenue for the quarter that ended in Apr. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2022 )	/	Revenue (Q: Apr. 2022 )
	=	0	/	0.008
	=	0.00

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.

Viva Entertainment Group Total Inventories Related Terms

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Viva Entertainment Group (Viva Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Viva Entertainment Group Inc (OTCPK:OTTV) » Definitions » Total Inventories

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Address

143-41 84th Drive, Briarwood, NY, USA, 11435

Website

https://www.vivalivetv.com

Viva Entertainment Group Inc is an entertainment and technology company that connects content owners and video distributors to deliver content on any smart device with a screen. The company engages in developing and marketing it's over the top (IPTV/OTT) application for connected TV's, desktop computers, tablets, and smartphones. It provides access to the content anywhere, anytime, and with a wifi connection customers can watch Live TV from around the world, TV shows, premium channels, as well as movies on demand, Tele-video conferences and many other interactive features.

Executives

Johnny Falcones	director, 10 percent owner, officer: President & CEO	73 BUCK ROAD, SUITE 2, HUNTINGDON VALLEY NY 19006
Alexander Stanbury	director, officer: President	424 CHURCH STREET, SUITE 2000, NASHVILLE TN 37219