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CounterPath (TSX:PATH) Total Inventories : C$0.00 Mil (As of Oct. 2020)


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What is CounterPath Total Inventories?

CounterPath's total inventories for the quarter that ended in Oct. 2020 was C$0.00 Mil. CounterPath's average total inventories from the quarter that ended in Jul. 2020 to the quarter that ended in Oct. 2020 was C$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CounterPath's Net-Net Working Capital per share for the quarter that ended in Oct. 2020 was C$-1.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CounterPath's Days Inventory for the three months ended in Oct. 2020 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. CounterPath's Inventory-to-Revenue for the quarter that ended in Oct. 2020 was 0.00.


CounterPath Total Inventories Historical Data

The historical data trend for CounterPath'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.

CounterPath Total Inventories Chart

CounterPath Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20
Total Inventories
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CounterPath Quarterly Data
Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20
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CounterPath 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.


CounterPath  (TSX:PATH) 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.

CounterPath's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2020 is

Net-Net Working Capital Per Share (Q: Oct. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.278+0.75 * 2.936+0.5 * 0-12.565
-0-0)/6.4389
=-1.10

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

CounterPath's Days Inventory for the three months ended in Oct. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2020 )/Cost of Goods Sold (Q: Oct. 2020 )*Days in Period
=0/0.78*365 / 4
=0.00

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

CounterPath's Inventory Turnover for the quarter that ended in Oct. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2020 ) / Average Total Inventories (Q: Oct. 2020 )
=0.78 / 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.

CounterPath's Inventory to Revenue for the quarter that ended in Oct. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2020 ) / Revenue (Q: Oct. 2020 )
=0 / 4.774
=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.


CounterPath Total Inventories Related Terms

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CounterPath (TSX:PATH) Business Description

Traded in Other Exchanges
N/A
Address
505 Burrard Street, Suite 300, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3
CounterPath Corp designs develop and sell software and services that enable enterprises and telecommunication service providers to deliver Unified Communications (UC) services, including voice, video, messaging, and collaboration functionality. Its activities consisted primarily of selling IP telephony software and related services to telecom service providers, enterprises, and channel partners serving the telecom and enterprise segments.