GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PV Nano Cell Ltd (OTCPK:PVNNF) » Definitions » Total Inventories

PV Nano Cell (PV Nano Cell) Total Inventories : $0.04 Mil (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is PV Nano Cell Total Inventories?

PV Nano Cell's total inventories for the quarter that ended in Dec. 2023 was $0.04 Mil. PV Nano Cell's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was $0.04 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PV Nano Cell's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PV Nano Cell's Days Inventory for the six months ended in Dec. 2023 was 22.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. PV Nano Cell's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.10.

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. PV Nano Cell's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.


PV Nano Cell Total Inventories Historical Data

The historical data trend for PV Nano Cell'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.

PV Nano Cell Total Inventories Chart

PV Nano Cell Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.07 0.04 0.04

PV Nano Cell Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.10 0.09 0.07 0.04 0.04

PV Nano Cell 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.


PV Nano Cell  (OTCPK:PVNNF) 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.

PV Nano Cell's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.63+0.75 * 0.069+0.5 * 0.043-5.351
-0-0)/182.942
=-0.03

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

PV Nano Cell's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.041/0.332*365 / 2
=22.54

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

PV Nano Cell's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0.332 / 0.041
=8.10

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.

PV Nano Cell's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.041 / 0.479
=0.09

* 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.


PV Nano Cell Total Inventories Related Terms

Thank you for viewing the detailed overview of PV Nano Cell's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


PV Nano Cell (PV Nano Cell) Business Description

Traded in Other Exchanges
N/A
Address
8 Hamasger Street, P.O. Box 236, Migdal HaEmek, ISR, 2310102
PV Nano Cell Ltd is a conductive ink manufacturing company. It is engaged in developing, manufacturing, marketing & commercializing conductive inks for digital inkjet conductive printing applications. It develops the Sicrys family of single crystal nano-metric conductive inks for photovoltaic and printed electronics applications, as well as silver-based Sicrys inks for use in a range of inkjet printing electronics applications, including printing of circuit boards, mobile phone antennas, 3D printed electronic devices, radio-frequency identification chips, sensors, touchscreens, and other digitally printed electronics. Geographically, it operates in Israel, Germany, France, Holland, Austria, U.S and other.
Executives
De La Vega Fernando director, officer: CEO BIALIK 7, ZICHRON YACOV L3 309035