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TBTC (Table Trac) Total Inventories : $1.94 Mil (As of Dec. 2024)


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What is Table Trac Total Inventories?

Table Trac's total inventories for the quarter that ended in Dec. 2024 was $1.94 Mil. Table Trac's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $2.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Table Trac's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $1.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Table Trac's Days Inventory for the three months ended in Dec. 2024 was 194.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Table Trac's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.47.

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. Table Trac's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.67.


Table Trac Total Inventories Historical Data

The historical data trend for Table Trac'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.

Table Trac Total Inventories Chart

Table Trac Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.58 1.56 2.90 1.94

Table Trac Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.90 2.84 2.31 2.26 1.94

Table Trac 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.


Table Trac  (OTCPK:TBTC) 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.

Table Trac's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.961+0.75 * 2.343+0.5 * 1.936-2.058
-0-0)/4.636
=1.65

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

Table Trac's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=2.0955/0.981*365 / 4
=194.92

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

Table Trac's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=0.981 / 2.0955
=0.47

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.

Table Trac's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=2.0955 / 3.139
=0.67

* 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.


Table Trac Total Inventories Related Terms

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Table Trac Business Description

Traded in Other Exchanges
N/A
Address
6101 Baker Road, Suite 206, Minnetonka, MN, USA, 55345
Table Trac Inc develops patented proprietary information and management systems that automate and monitor the operations of casino table game operations. It also provides technical support to the casinos. The company mainly operates in the United States, Australia, Japan, the Caribbean, and countries in both Central and South America. It derives the majority of its revenues from system sales. The Company sells and leases systems and technical support to casinos. It has casino management systems, table games management systems, DataTrac, KioskTrac, and ancillary products installed with ongoing support and maintenance contracts.
Executives
William Martinez director 6101 BAKER RD, #206, MINNETONKA MN 55345
Thomas J Mertens director 6101 BAKER RD., #206, MINNETONKA MN 55345
Louis C Fornetti director 6101 BAKER ROAD, SUITE 206, MINNETONKA MN 55345
Randy Gilbert officer: Chief Financial Officer 2415 ANNAPOLIS LANE, SUITE 100, PLYMOUTH MN 55441
Gary L Loebig director 206 WILD BASIN ROAD, BLDG B 4TH FLOOR, AUSTIN TX 78746
Brian Hinchley officer: Chief Financial Officer 6101 BAKER ROAD, SUITE 206, MINNETONKA MN 55345
Chad B Hoehne director, officer: President and CEO 15612 HIGHWAY 7, SUITE 331, MINNETONKA MN 55345
Steven A Browne director 1960 NEWMAN, CARSON CITY NV 89703
Michael I Connolly director 7800 BELFORT PARKWAY, SUITE 165, JACKSONVILLE FL 32256
Robert Siqveland director, officer: Exec. Asst and Secretary 15612 HIGHWAY 7, SUITE 331, MINNETONKA MN 55345
Glenn Joseph Goulet director 10708 BULL RIDGE DRIVE, AUSTIN TX 78759
Scott E Smith director 10513 RIGBY DRIVE, EDEN PRAIRIE MN 55447

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