GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nano One Materials Corp (TSX:NANO) » Definitions » Total Inventories

Nano One Materials (TSX:NANO) Total Inventories : C$0.71 Mil (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Nano One Materials Total Inventories?

Nano One Materials's total inventories for the quarter that ended in Dec. 2023 was C$0.71 Mil. Nano One Materials's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was C$0.74 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nano One Materials's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.24.

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. Nano One Materials's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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.


Nano One Materials Total Inventories Historical Data

The historical data trend for Nano One Materials'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.

Nano One Materials Total Inventories Chart

Nano One Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.32 0.71

Nano One Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.32 0.98 0.71 0.78 0.71

Nano One Materials 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.


Nano One Materials  (TSX:NANO) 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.

Nano One Materials's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(31.869+0.75 * 0+0.5 * 0.705-5.488
-0-0)/111.267
=0.24

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

Nano One Materials's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.741/0*365 / 4
=

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

Nano One Materials's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0 / 0.741
=0.00

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.

Nano One Materials's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.741 / 0
=

* 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.


Nano One Materials Total Inventories Related Terms

Thank you for viewing the detailed overview of Nano One Materials's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Nano One Materials (TSX:NANO) Business Description

Traded in Other Exchanges
Address
8575 Government Street, Unit 101B, Burnaby, BC, CAN, V3N 4V1
Nano One Materials Corp is a Canada-based company engaged in developing processing technology for the production of battery materials used in electric vehicles, energy storage, and consumer electronics. It is a technology company with a patented process for the low-cost production of cathode materials used in lithium-ion batteries.

Nano One Materials (TSX:NANO) Headlines

No Headlines