Real Luck Group (TSXV:LUCK.H) Total Inventories: C$0.00 Mil (As of Sep. 2023)


What is Real Luck Group Total Inventories?

Real Luck Group TSXV:LUCK.H Total Inventories is C$0.00 Mil as of Sep. 2023.

Real Luck Group's total inventories for the quarter that ended in Sep. 2023 was C$0.00 Mil. Real Luck Group's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 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. Real Luck Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was C$-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Real Luck Group's Days Inventory for the three months ended in Sep. 2023 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. Real Luck Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Real Luck Group  (TSXV:LUCK.H) 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.

Real Luck Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.188+0.75 * 0+0.5 * 0-3.269
-0-0)/68.901
=-0.04

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

Real Luck Group's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/0.285*365 / 4
=0.00

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

Real Luck Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0.285 / 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.

Real Luck Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0 / 0.246
=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.

Real Luck Group Total Inventories Related Terms

Real Luck Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Real Luck 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.

Real Luck Group Total Inventories Chart

Real Luck Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Inventories
0.00 0.00 0.00 0.00

Real Luck Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 0.00 0.00 0.00 0.00 0.00

Real Luck 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of C$0.00 Mil mean?
Real Luck Group (TSXV:LUCK.H) has a Total Inventories of C$0.00 Mil as of Sep. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Real Luck Group and its competitors.
Is Real Luck Group's Total Inventories too high?
Real Luck Group's current Total Inventories is C$0.00 Mil.
How does Real Luck Group's Total Inventories compare to DKNG and CHDN?
Real Luck Group's Total Inventories of C$0.00 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Travel & Leisure company?
A good Total Inventories depends on the Travel & Leisure industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Real Luck Group and its competitors. Real Luck Group's current Total Inventories is C$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Luck Group stock overvalued right now?
Real Luck Group (TSXV:LUCK.H) has a current Total Inventories of C$0.00 Mil. The current Total Inventories is C$0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Real Luck Group (TSXV:LUCK.H), the current Total Inventories is C$0.00 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Real Luck Group Business Description

Address 350 7th Avenue SW, Suite 3400, Calgary, AB, CAN, T2P 3N9
Real Luck Group Ltd is a betting company that offers legal, real-money betting, live streams, and statistics on all esports and sports on desktop and mobile devices. The company has a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the company offers an extensive range of betting options for esports tournaments and an in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the company to deliver deep esports betting coverage.