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SING (SinglePoint) Total Inventories : $0.70 Mil (As of Sep. 2024)


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What is SinglePoint Total Inventories?

SinglePoint's total inventories for the quarter that ended in Sep. 2024 was $0.70 Mil. SinglePoint's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0.72 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SinglePoint's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-1.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SinglePoint's Days Inventory for the three months ended in Sep. 2024 was 21.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. SinglePoint's Inventory Turnover for the quarter that ended in Sep. 2024 was 4.20.

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. SinglePoint's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.13.


SinglePoint Total Inventories Historical Data

The historical data trend for SinglePoint'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.

SinglePoint Total Inventories Chart

SinglePoint Annual Data
Trend Oct08 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 0.08 0.06 0.07 2.48 1.84

SinglePoint Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.99 1.84 0.66 0.75 0.70

SinglePoint 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.


SinglePoint  (OTCPK:SING) 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.

SinglePoint's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.065+0.75 * 1.853+0.5 * 0.7-20.199
-0-0.734)/13.252
=-1.44

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

SinglePoint's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0.7235/3.04*365 / 4
=21.72

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

SinglePoint's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=3.04 / 0.7235
=4.20

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.

SinglePoint's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.7235 / 5.54
=0.13

* 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.


SinglePoint Total Inventories Related Terms

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SinglePoint Business Description

Traded in Other Exchanges
N/A
Address
3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016
SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. Its primary focus is sustainability by providing an integrated solar energy solution for the customers and clean environment solutions through its air purification business. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector addressing the need for air purification in schools and offices. SinglePoint is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service and additional energy-efficient appliances that enhance sustainability.
Executives
Greg Paul Lambrecht director, 10 percent owner, officer: CEO 2999 NORTH 44TH STREET, SUITE 530, PHOENIX AZ 85018
Jeffrey Allen Nomura director 5012 BEACH DR SW, SEATTLE WA 98136
Eric Lofdahl director 2999 NORTH 44TH STREET, SUITE 530, PHOENIX AZ 85018
Wil Ralston director, officer: President 3920 E THOMAS ROAD, #97292, PHOENIX AZ 85060
Venugopal Aravamudan director 2999 NORTH 44TH STREET, SUITE 530, PHOENIX AZ 85018
Hans J Schulte director, 10 percent owner, officer: President 2300 E SAHARA AVENUE, SUITE 800, LAS VEGAS NV 89102
Ivan Braverman director, 10 percent owner, officer: Chief Financial Officer 1255 MCDONALD DRIVE, PRESCOTT AZ 86303
Prabaharan Subramaniam director, 10 percent owner, officer: CHIEF TECHNOLOGY OFFICER 2300 E. SAHARA AVENUE, SUITE 800, LAS VEGAS NV 89102

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