Renovare Environmental's total inventories for the quarter that ended in Mar. 2022 was $0.33 Mil. Renovare Environmental's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Mar. 2022 was $0.49 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Renovare Environmental's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-1.70.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Renovare Environmental's Days Inventory for the
three
months ended in Mar. 2022 was 43.32.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Renovare Environmental's Inventory Turnover for the quarter that ended in Mar. 2022 was 2.11.
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.
Renovare Environmental's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.43.
Renovare Environmental (OTCPK:RENO) 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.
Renovare Environmental's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is
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.
Renovare Environmental's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as
* 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.
Renovare Environmental Total Inventories Related Terms
Renovare Environmental Total Inventories Historical Data
* Premium members only.
The historical data trend for Renovare Environmental'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.
Renovare Environmental 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.
Renovare Environmental (RENO) has a Total Inventories of $0.33 Mil as of Mar. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for Renovare Environmental and its competitors.
Is Renovare Environmental's Total Inventories too high?
Renovare Environmental's current Total Inventories is $0.33 Mil. Overall, Renovare Environmental has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Renovare Environmental's Total Inventories compare to PCTL and QWTR?
Renovare Environmental's Total Inventories of $0.33 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Total Inventories depends on the Industrial Products 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 Renovare Environmental and its competitors. Renovare Environmental's current Total Inventories is $0.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renovare Environmental stock overvalued right now?
Renovare Environmental (RENO) has a current Total Inventories of $0.33 Mil. The current Total Inventories is $0.33 Mil. Renovare Environmental's overall GF Score™ is 12/100. 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 Renovare Environmental (RENO), the current Total Inventories is $0.33 Mil as of Mar. 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.
Renovare Environmental Inc is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. It provides a cost-effective path to ecological sustainability for private and public organizations. The company solutions include Food Digesters and Cloud-based Analytics.
12GF Score
Get the complete analysis for RENO
Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RENO has been successfully added to your 
