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Cobra Venture (TSXV:CBV) Total Inventories : C$0.00 Mil (As of Feb. 2024)


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What is Cobra Venture Total Inventories?

Cobra Venture's total inventories for the quarter that ended in Feb. 2024 was C$0.00 Mil. Cobra Venture's average total inventories from the quarter that ended in Aug. 2023 to the quarter that ended in Feb. 2024 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. Cobra Venture's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was C$0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cobra Venture's Days Inventory for the three months ended in Feb. 2024 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. Cobra Venture's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.00.


Cobra Venture Total Inventories Historical Data

The historical data trend for Cobra Venture'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.

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Cobra Venture Total Inventories Chart

Cobra Venture Annual Data
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Cobra Venture Quarterly Data
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Cobra Venture 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.


Cobra Venture  (TSXV:CBV) 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.

Cobra Venture's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is

Net-Net Working Capital Per Share (Q: Feb. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.504+0.75 * 0.065+0.5 * 0-0.125
-0-0)/16.5537
=0.15

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

Cobra Venture's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=0/0.213*365 / 4
=0.00

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

Cobra Venture's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2024 ) / Average Total Inventories (Q: Feb. 2024 )
=0.213 / 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.

Cobra Venture's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=0 / 0.271
=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.


Cobra Venture Total Inventories Related Terms

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Cobra Venture (TSXV:CBV) Business Description

Traded in Other Exchanges
N/A
Address
2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1
Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the Willesden Green area, Alberta; Davey Lake area, Alberta; and Gull Lake, Saskatchewan. It derives prime revenue from oil and gas production.
Executives
Stephane Poirier 10% Security Holder

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