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


What is Viva Entertainment Group Total Inventories?

Viva Entertainment Group OTTV -99.00% Total Inventories is $0.00 Mil as of Apr. 2022.

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  (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

* 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.

Viva Entertainment Group Total Inventories Related Terms

Viva Entertainment Group Total Inventories Historical Data

* Premium members only.

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.

Viva Entertainment Group Total Inventories Chart

Viva Entertainment Group Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Total Inventories
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

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 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 0.00 0.00 0.00 0.00 0.00

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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
Viva Entertainment Group (OTTV) has a Total Inventories of $0.00 Mil as of Apr. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for Viva Entertainment Group and its competitors.
Is Viva Entertainment Group's Total Inventories too high?
Viva Entertainment Group's current Total Inventories is $0.00 Mil.
How does Viva Entertainment Group's Total Inventories compare to FPTA and CXKJ?
Viva Entertainment Group's Total Inventories of $0.00 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Total Inventories depends on the Interactive Media 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 Viva Entertainment Group and its competitors. Viva Entertainment Group's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Entertainment Group stock overvalued right now?
Viva Entertainment Group (OTTV) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. 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 Viva Entertainment Group (OTTV), the current Total Inventories is $0.00 Mil as of Apr. 2022. 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.

Viva Entertainment Group Business Description

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