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Impact Development Group (TSXV:IMPT) Total Inventories : C$16.92 Mil (As of Jun. 2023)


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What is Impact Development Group Total Inventories?

Impact Development Group's total inventories for the quarter that ended in Jun. 2023 was C$16.92 Mil. Impact Development Group's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was C$16.89 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Impact Development Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was C$-3.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Impact Development Group's Days Inventory for the six months ended in Jun. 2023 was 825.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Impact Development Group's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.22.

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. Impact Development Group's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 4.90.


Impact Development Group Total Inventories Historical Data

The historical data trend for Impact Development Group'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.

Impact Development Group Total Inventories Chart

Impact Development Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Inventories
31.18 28.19 21.61 16.85

Impact Development Group Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23
Total Inventories Get a 7-Day Free Trial 28.19 21.61 - 16.85 16.92

Impact Development Group 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.


Impact Development Group  (TSXV:IMPT) 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.

Impact Development Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.137+0.75 * 0+0.5 * 16.924-63.991
-0-0)/14.1419
=-3.92

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

Impact Development Group's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=16.8855/3.731*365 / 2
=825.95

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

Impact Development Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=3.731 / 16.8855
=0.22

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.

Impact Development Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=16.8855 / 3.449
=4.90

* 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.


Impact Development Group Total Inventories Related Terms

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Impact Development Group (TSXV:IMPT) Business Description

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Traded in Other Exchanges
N/A
Address
Edifice Península piso 4, oficina 4-10, Costa del Este, Panama City, PAN
Impact Development Group Inc Formerly Impact Housing Corp is a Panamanian-based real estate developer. It provides affordable housing supported by a longstanding subsidized government program with multiple product offerings. The principal business of IHC is to build and develop affordable and high-quality subsidized houses in the Republic of Panama to support the middle-class market.

Impact Development Group (TSXV:IMPT) Headlines

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