RanMarine Technology BV (RanMarine Technology BV) Total Inventories : $0.17 Mil (As of Jun. 2023)

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What is RanMarine Technology BV Total Inventories?

RanMarine Technology BV's total inventories for the quarter that ended in Jun. 2023 was $0.17 Mil. RanMarine Technology BV's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was $0.11 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. RanMarine Technology BV's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.79.

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. RanMarine Technology BV's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.00.

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.

RanMarine Technology BV Total Inventories Historical Data

The historical data trend for RanMarine Technology BV'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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RanMarine Technology BV Total Inventories Chart

RanMarine Technology BV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Inventories

0.04

0.02

0.05

RanMarine Technology BV Quarterly Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Inventories	Get a 7-Day Free Trial			-	0.02	0.07	0.05	0.17

RanMarine Technology BV 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.

RanMarine Technology BV (NAS:RAN) 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.

RanMarine Technology BV'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)
=	(0.2	+	0.75 * 0.08	+	0.5 * 0.165	-	9.2
-	0	-	0)	/	11.153
=	-0.79

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

RanMarine Technology BV's Days Inventory for the three 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
	=	0.1075	/	0	*	365 / 4
	=

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

RanMarine Technology BV'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	/	0.1075
	=	0.00

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.

RanMarine Technology BV'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 )
	=	0.1075	/	0
	=

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.

RanMarine Technology BV Total Inventories Related Terms

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RanMarine Technology BV (RanMarine Technology BV) Business Description

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Website

https://www.ranmarine.io

RanMarine Technology BV is a pioneering company specializing in the design and development of advanced technologies, including autonomous surface vessels (ASVs) for the efficient cleanup of pollution, bio-waste, and debris in various aquatic environments and waterways.

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