Reliq Health Technologies (TSXV:RHT) Total Inventories : C$0.33 Mil (As of Sep. 2022)

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What is Reliq Health Technologies Total Inventories?

Reliq Health Technologies's total inventories for the quarter that ended in Sep. 2022 was C$0.33 Mil. Reliq Health Technologies's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was C$0.30 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Reliq Health Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was C$-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reliq Health Technologies's Days Inventory for the three months ended in Sep. 2022 was 21.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reliq Health Technologies's Inventory Turnover for the quarter that ended in Sep. 2022 was 4.33.

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. Reliq Health Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.09.

Reliq Health Technologies Total Inventories Historical Data

The historical data trend for Reliq Health Technologies'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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Reliq Health Technologies Total Inventories Chart

Reliq Health Technologies Annual Data

Trend

Dec13

Dec14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Total Inventories

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0.07

1.09

0.55

0.27

Reliq Health Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Inventories	Get a 7-Day Free Trial															0.22	0.22	0.14	0.27	0.33

Reliq Health Technologies 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.

Reliq Health Technologies (TSXV:RHT) 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.

Reliq Health Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

	Net-Net Working Capital Per Share (Q: Sep. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.175	+	0.75 * 3.038	+	0.5 * 0.327	-	5.991
-	0	-	0)	/	190.431
=	-0.02

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

Reliq Health Technologies's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0.2995	/	1.297	*	365 / 4
	=	21.07

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

Reliq Health Technologies's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2022 )	/	Average Total Inventories (Q: Sep. 2022 )
	=	1.297	/	0.2995
	=	4.33

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.

Reliq Health Technologies's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	0.2995	/	3.472
	=	0.09

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.

Reliq Health Technologies Total Inventories Related Terms

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Reliq Health Technologies (TSXV:RHT) Business Description

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Address

175 Longwood Rd S., Suite 406A, Hamilton, ON, CAN, L8P 0A1

Website

https://www.reliqhealth.com

Reliq Health Technologies Inc specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. Reliq's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home, improving health outcomes, enhancing the quality of life for patients and families and reducing the cost of care delivery. The firm earns through the supply of mobile device management (MDM) solutions for mobile devices and subscriptions of the iUGO CARE platform to healthcare client. The firm is based in Canada.

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