Eddy Smart Home Solutions (TSXV:EDY) Total Inventories : C$1.78 Mil (As of Sep. 2024)

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What is Eddy Smart Home Solutions Total Inventories?

Eddy Smart Home Solutions's total inventories for the quarter that ended in Sep. 2024 was C$1.78 Mil. Eddy Smart Home Solutions's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was C$1.99 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Eddy Smart Home Solutions's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was C$-1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eddy Smart Home Solutions's Days Inventory for the three months ended in Sep. 2024 was 393.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eddy Smart Home Solutions's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.23.

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. Eddy Smart Home Solutions's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.76.

Eddy Smart Home Solutions Total Inventories Historical Data

The historical data trend for Eddy Smart Home Solutions'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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Eddy Smart Home Solutions Total Inventories Chart

Eddy Smart Home Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

3.06

1.89

Eddy Smart Home Solutions Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial									2.32	1.89	1.69	2.20	1.78

Eddy Smart Home Solutions 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.

Eddy Smart Home Solutions (TSXV:EDY) 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.

Eddy Smart Home Solutions's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.671	+	0.75 * 1.838	+	0.5 * 1.777	-	13.834
-	0	-	0)	/	6.129
=	-1.78

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

Eddy Smart Home Solutions's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	1.9885	/	0.461	*	365 / 4
	=	393.60

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

Eddy Smart Home Solutions's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	0.461	/	1.9885
	=	0.23

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.

Eddy Smart Home Solutions's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	1.9885	/	0.721
	=	2.76

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.

Eddy Smart Home Solutions Total Inventories Related Terms

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Eddy Smart Home Solutions Business Description

Industry

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Traded in Other Exchanges

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Address

5255 Yonge Street, Suite 900, Toronto, ON, CAN, M2N 6P4

Website

https://www.eddysolutions.com

Eddy Smart Home Solutions Ltd is a provider and developer of residential and commercial smart water metering products and monitoring services. It helps property owners to protect, control, and conserve water usage by combining water-sensing devices with behavioral learning software. The Company operates in three operating segments, which are multi-family residences (MFR), single family residences (SFR) and customer & industrial (C&I). The company's revenue is generated from customers in Canada and the USA.

Executives

Mark Silver	10% Security Holder, Director
Boris Baril	Senior Officer
Cory Silver	Senior Officer

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