TSPG (TGI Solar Power Group) Total Inventories: $0.00 Mil (As of Jul. 2023)


What is TGI Solar Power Group Total Inventories?

TGI Solar Power Group TSPG Total Inventories is $0.00 Mil as of Jul. 2023.

TGI Solar Power Group's total inventories for the quarter that ended in Jul. 2023 was $0.00 Mil. TGI Solar Power Group's average total inventories from the quarter that ended in Jul. 2022 to the quarter that ended in Jul. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TGI Solar Power Group's Net-Net Working Capital per share for the quarter that ended in Jul. 2023 was $-0.00.

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

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. TGI Solar Power Group's Inventory-to-Revenue for the quarter that ended in Jul. 2023 was 0.00.

TGI Solar Power Group  (OTCPK:TSPG) 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.

TGI Solar Power Group's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2023 is

Net-Net Working Capital Per Share (Q: Jul. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-1.009
-0.012-0)/1705.036
=-0.00

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

TGI Solar Power Group's Days Inventory for the six months ended in Jul. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2023 )/Cost of Goods Sold (Q: Jul. 2023 )*Days in Period
=0/0*365 / 2
=

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

TGI Solar Power Group's Inventory Turnover for the quarter that ended in Jul. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2023 ) / Average Total Inventories (Q: Jul. 2023 )
=0 / 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.

TGI Solar Power Group's Inventory to Revenue for the quarter that ended in Jul. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2023 ) / Revenue (Q: Jul. 2023 )
=0 / 0.023
=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.

TGI Solar Power Group Total Inventories Related Terms

TGI Solar Power Group Total Inventories Historical Data

* Premium members only.

The historical data trend for TGI Solar Power Group'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.

TGI Solar Power Group Total Inventories Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Total Inventories
0.00 0.00 0.00 0.00 0.00

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Total Inventories 0.00 0.00 0.00 0.00 0.00

TGI Solar Power Group 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
TGI Solar Power Group (TSPG) has a Total Inventories of $0.00 Mil as of Jul. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for TGI Solar Power Group and its competitors.
Is TGI Solar Power Group's Total Inventories too high?
TGI Solar Power Group's current Total Inventories is $0.00 Mil.
How does TGI Solar Power Group's Total Inventories compare to ASTI and PTOS?
TGI Solar Power Group's Total Inventories of $0.00 Mil can be compared against companies in the Semiconductors 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 a Semiconductors company?
A good Total Inventories depends on the Semiconductors 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 TGI Solar Power Group and its competitors. TGI Solar Power Group's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. 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 TGI Solar Power Group (TSPG), the current Total Inventories is $0.00 Mil as of Jul. 2023. 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.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.