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Spire Global's total inventories for the quarter that ended in Mar. 2024 was $0.0 Mil. Spire Global's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.0 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Spire Global's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-4.50.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spire Global's Days Inventory for the three months ended in Mar. 2024 was 0.00.
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. Spire Global's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.
The historical data trend for Spire Global'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.
Spire Global Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Total Inventories | - | - | - | - |
Spire Global Quarterly Data | |||||||||||||||
Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
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.
Spire Global (NYSE:SPIR) 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.
Spire Global's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is
Net-Net Working Capital Per Share (Q: Mar. 2024 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (63.988 | + | 0.75 * 12.346 | + | 0.5 * 0 | - | 182.662 |
- | 0 | - | 0) | / | 24.3156 | ||
= | -4.50 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Spire Global's Days Inventory for the three months ended in Mar. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Mar. 2024 ) | / | Cost of Goods Sold (Q: Mar. 2024 ) | * | Days in Period |
= | 0 | / | 12.546 | * | 365 / 4 | |
= | 0.00 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Spire Global's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Mar. 2024 ) | / | Average Total Inventories (Q: Mar. 2024 ) |
= | 12.546 | / | 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.
Spire Global's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Mar. 2024 ) | / | Revenue (Q: Mar. 2024 ) |
= | 0 | / | 25.688 | |
= | 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 Spire Global's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Leonardo Basola | officer: Chief Financial Officer | 8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182 |
Boyd C. Johnson | officer: CLO and Corporate Secretary | 8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182 |
Theresa Condor | director, officer: EVP, GM Spire Space Services | 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103 |
Peter Platzer | director, officer: Chief Executive Officer | 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103 |
Thomas Krywe | officer: Chief Financial Officer | 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103 |
Joan Lordi Amble | director | AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285 |
Jack Pearlstein | director | 2525 NETWORK PLACE, HERNDON VA 20171 |
Dirk Hoke | director | 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103 |
Elizabeth Ananda Martin | officer: General Counsel | 8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182 |
John F Lusk | officer: VP & GM, Global Data Services | 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103 |
Keith E Johnson | officer: VP & General Manager, Federal | 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103 |
William Porteous | director | 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103 |
Stephen Messer | director | 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103 |
William P Crowell | other: See Remarks | 41343 RASPBERRY DR, LEESBURG VA 20176 |
Six4 Holdings, Llc | other: See Remarks | 12020 SUNRISE VALLEY DRIVE, SUITE 100, RESTON VA 20191 |
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