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C-Comtellite Systems (TSXV:CMI) Total Inventories : C$8.67 Mil (As of Feb. 2024)


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What is C-Comtellite Systems Total Inventories?

C-Comtellite Systems's total inventories for the quarter that ended in Feb. 2024 was C$8.67 Mil. C-Comtellite Systems's average total inventories from the quarter that ended in Nov. 2023 to the quarter that ended in Feb. 2024 was C$8.76 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. C-Comtellite Systems's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was C$0.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. C-Comtellite Systems's Days Inventory for the three months ended in Feb. 2024 was 817.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. C-Comtellite Systems's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.11.

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. C-Comtellite Systems's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 3.33.


C-Comtellite Systems Total Inventories Historical Data

The historical data trend for C-Comtellite Systems'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.

C-Comtellite Systems Total Inventories Chart

C-Comtellite Systems Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.76 8.01 7.74 6.72 8.84

C-Comtellite Systems Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 7.77 7.91 8.84 8.84 8.67

C-Comtellite Systems 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.


C-Comtellite Systems  (TSXV:CMI) 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.

C-Comtellite Systems'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)
=(16.641+0.75 * 1.293+0.5 * 8.674-1.484
-0-0)/42.1864
=0.49

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

C-Comtellite Systems'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
=8.7585/0.978*365 / 4
=817.19

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

C-Comtellite Systems'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 )
=0.978 / 8.7585
=0.11

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.

C-Comtellite Systems'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 )
=8.7585 / 2.628
=3.33

* 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.


C-Comtellite Systems Total Inventories Related Terms

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C-Comtellite Systems (TSXV:CMI) Business Description

Traded in Other Exchanges
Address
2574 Sheffield Road, Ottawa, ON, CAN, K1B 3V7
C-Com Satellite Systems Inc. is a Canadian based company. It is engaged in the designing, development, and manufacturing of mobile satellite-based antenna systems. The product portfolio comprises Driveaway antennas, Flyaway antennas, Fixed motorized antennas and others Geographically, the group has a business presence in Canada, Singapore, Europe, Asia, the US and other countries.

C-Comtellite Systems (TSXV:CMI) Headlines