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Titan Environmental Solutions's total inventories for the quarter that ended in Dec. 2024 was $0.00 Mil. Titan Environmental Solutions's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $0.18 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Titan Environmental Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.14.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Titan Environmental Solutions's Days Inventory for the three months ended in Dec. 2024 was 7.72.
Inventory Turnover measures how fast the company turns over its inventory within a year. Titan Environmental Solutions's Inventory Turnover for the quarter that ended in Dec. 2024 was 11.82.
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. Titan Environmental Solutions's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.14.
The historical data trend for Titan Environmental Solutions'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.
Titan Environmental Solutions Annual Data | |||||||||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||
Total Inventories | Get a 7-Day Free Trial | - | - | - | 0.15 | - |
Titan Environmental Solutions 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 |
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0.15 | 0.22 | 0.51 | 0.35 | - |
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.
Titan Environmental Solutions (OTCPK:TESI) 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.
Titan Environmental Solutions'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) | ||
= | (0.003 | + | 0.75 * 1.212 | + | 0.5 * 0 | - | 32.525 |
- | 0 | - | 0) | / | 222.067 | ||
= | -0.14 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Titan Environmental Solutions'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 |
= | 0.175 | / | 2.068 | * | 365 / 4 | |
= | 7.72 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Titan Environmental Solutions'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 ) |
= | 2.068 | / | 0.175 | |
= | 11.82 |
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.
Titan Environmental Solutions'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 ) |
= | 0.175 | / | 1.274 | |
= | 0.14 |
* 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 Titan Environmental Solutions's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Eleven 11 Management Llc | 10 percent owner | 156 W. SADDLE RIVER ROAD, SADDLE RIVER NJ 07458 |
Jeffrey John Rizzo | director, 10 percent owner, officer: Chief Operating Officer | 1931 AUSTIN DRIVE, TROY MI 48083 |
Michelle Rizzo | 10 percent owner | 1931 AUSTIN DRIVE, TROY MI 48083 |
Michelle M. Rizzo Trust, Dated January 17, 2009 | 10 percent owner | 1931 AUSTIN DRIVE, TROY MI 48083 |
Marilyn Rizzo | 10 percent owner | 1931 AUSTIN DRIVE, TROY MI 48083 |
Marilyn D. Rizzo Trust, Dated April 23, 2010, As Amended | 10 percent owner | 1931 AUSTIN DRIVE, TROY MI 48083 |
Titan 5, Llc | 10 percent owner | 1931 AUSTIN DRIVE, TROY MI 48083 |
Titan Holdings 2, Llc | 10 percent owner | 1931 AUSTIN DRIVE, TROY MI 48083 |
Michael Jansen | officer: Chief Financial Officer | 1931 AUSTIN DRIVE, TROY MI 48083 |
Glen Martin Miller | director, officer: Chief Executive Officer | 1931 AUSTIN DRIVE, TROY MI 48083 |
Frank E. Celli | director | 27 BRADLEY LANE, MONTVALE NJ 07645 |
Sandeep Soni | officer: President of Kringle.ai | 515 OCEAN AVENUE, UNIT 401N, SANTA MONICA CA 90402 |
Lathika Regunathan | officer: President of Mimo Technologies | A 847, GROUND FLOOR, LAVY PINTO BLOCK,, ASIAN GAMES VILLAGE, NEW DELHI K7 110049 |
Michael H Pollack | officer: Interim CFO | 114 WEST 47TH STREET, 19TH FLOOR, NEW YORK NY 10036 |
Richard J Berman | director | 305 COLLEGE ROAD EAST, PRINCETON NJ 08540 |
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