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QuantGate Systems's total inventories for the quarter that ended in Aug. 2024 was $0.00 Mil. QuantGate Systems's average total inventories from the quarter that ended in May. 2024 to the quarter that ended in Aug. 2024 was $0.00 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. QuantGate Systems's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 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. QuantGate Systems's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.00.
The historical data trend for QuantGate Systems'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.
QuantGate Systems Annual Data | |||||||||||||||||||||
Trend | May12 | May13 | May14 | May15 | May16 | May20 | May21 | May22 | May23 | May24 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
QuantGate Systems Quarterly Data | ||||||||||||||||||||
Nov19 | Feb20 | May20 | Aug20 | Nov20 | Feb21 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | May24 | Aug24 | |
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
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.
QuantGate Systems (OTCPK:QGSI) 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.
QuantGate Systems's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is
Net-Net Working Capital Per Share (Q: Aug. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (0.016 | + | 0.75 * 0 | + | 0.5 * 0 | - | 2.813 |
- | 0 | - | 0) | / | 304.96 | ||
= | -0.01 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
QuantGate Systems's Days Inventory for the three months ended in Aug. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Aug. 2024 ) | / | Cost of Goods Sold (Q: Aug. 2024 ) | * | Days in Period |
= | 0 | / | 0 | * | 365 / 4 | |
= |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
QuantGate Systems's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Aug. 2024 ) | / | Average Total Inventories (Q: Aug. 2024 ) |
= | 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.
QuantGate Systems's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Aug. 2024 ) | / | Revenue (Q: Aug. 2024 ) |
= | 0 | / | 0.005 | |
= | 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.
Thank you for viewing the detailed overview of QuantGate Systems's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Jack J. Bensimon | officer: Chief Executive Officer | 34 KING ST. E. SUITE 1010, TORONTO A6 M5C 2X8 |
Ontario 1476448 | 10 percent owner | 1927 SHELLARD ROAD, CAMBRIDGE A6 N1R 5S7 |
Murray Simser | officer: CEO and President | C/O MOBILE INTEGRATED SYSTEMS, INC., 25 ADELAIDE STREET EAST, SUITE 502, TORONTO A6 M5C 3A1 |
Benjamin Chesir | other: Former Director | ONE NORTH END AVENUE, WORLD FINANCIAL CENTER, NEW YORK NY 10282 |
Richard Schaeffer | other: Former Director | C/O LIQUID HOLDINGS GROUP, INC., 800 THIRD AVE., 39TH FLOOR, NEW YORK NY 10022 |
Emlyn David | director, officer: Chief Executive Officer | SUITE 502, 25 ADELAIDE STREET, TORONTO A6 M5C 3A1 |
James Mcgovern | other: Former Director | C/O LOTO INC., 25 ADELAIDE STREET EAST, 502, TORONTO A6 M5C 3A1 |
Fulvio Ciano | officer: President and CTO | 142 BANFF RD., TORONTO A6 M4P 2P7 |
Todd Halpern | director | C/O LOTO INC., 25 ADELAIDE STREET EAST, 502, TORONTO A6 M5C 3A1 |
2238646 Ontario Inc. | 10 percent owner | 23 BEDFORD ROAD, TORONTO A6 M5R 2J9 |
Alan Ralph | director | 48 ROYAL HENLEY BLVD., ST. CATHARINES A6 L2N4S1 |
J Trevor Eyton | director | PO BOX 723040, ATLANTA GA 30339 |
Baker A. Stephen | officer: Chief Technology Officer | 2361 SOUTHCOTT ROAD, PICKERING A6 L1X 2T3 |
Jason Randall Barrs | director | 23 BEDFORD ROAD, TORONTO A6 M5R 2J9 |
Donald Ziraldo | director | 15468 NIAGARA PARKWAY, NIAGARA ON THE LAKE A6 L0S 1J0 |
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