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Vivic (VIVC) Total Inventories : $0.00 Mil (As of Jun. 2024)


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What is Vivic Total Inventories?

Vivic's total inventories for the quarter that ended in Jun. 2024 was $0.00 Mil. Vivic's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vivic's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vivic's Days Inventory for the three months ended in Jun. 2024 was 0.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vivic's Inventory Turnover for the quarter that ended in Jun. 2024 was 874.50.

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. Vivic's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Vivic Total Inventories Historical Data

The historical data trend for Vivic'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.

Vivic Total Inventories Chart

Vivic Annual Data
Trend Apr17 Apr18 Apr19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial - - - 0.16 1.54

Vivic Quarterly Data
Apr19 Jul19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.82 0.12 - - -

Vivic 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.

Vivic  (OTCPK:VIVC) 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.

Vivic's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.311+0.75 * 1.402+0.5 * 0.004-2.273
-0.001-0)/26.658
=-0.03

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

Vivic's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=0.002/1.749*365 / 4
=0.10

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

Vivic's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=1.749 / 0.002
=874.50

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.

Vivic's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=0.002 / 2.575
=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.

Vivic Total Inventories Related Terms

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Vivic Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vivic Corp (OTCPK:VIVC) » Definitions » Total Inventories
Comparable Companies
VEEE VMAR EZGO MCOM USLG THO BC SHSE:603129 HOG TSX:DOO LCII XPAR:TRI PII MIL:SL WGO HKSE:09638 XPAR:BEN MBUU TPE:8478 ROCO:8937
Traded in Other Exchanges
N/A
Address
187 E. Warm Spring Road, PMB No. B450, Las Vegas, NV, USA, 89119-4112
Website
https://www.vivicyacht.com
Vivic Corp is engaged in the research and development of yacht manufacturing using new energy-saving technology. It includes yacht sales, marine tourism, development of electric-powered yachts, development and operation of yacht marinas in Asia and the development of a yacht rental and time share service.
Executives
Cheng-hsing Hsu director, officer: CFO NO. 97, YUNONG 3 ST.,, EASTERN DIST., TAINAN F5 701
Cheng-lung Soong director, officer: Secretary 10F, NO. 59, LN. 112, JIHU RD.,, ZHONGSHAN DIST., TAIPEI F5 104
Huilan Chen director 1091 RISING MOON TRAIL, SNELLVILLE GA 30078
Go Right Holdings Ltd. 10 percent owner NO. 7, ALY. 1, LN. 143 SEC. 2 LIN-AN RD., NORTH DIST., TAINAN F5 704
Kung Hwang Liu Shiang director NO. 7, ALY. 1, LN. 143 SEC. 2 LIN-AN RD., NORTH DIST., TAINAN F5 704
Honetech Inc. 10 percent owner NO. 196, FUSHOU ST., XINZHUANG DIST., NEW TAIPEI F5 242
Yun-kuang Kung officer: CEO NO. 12-1, XIAOXIMEN, NEIGHBORHOOD 14M, ZHUSHA VILLAGE, JINCHENG TOWNSHIP, KINMEN F5 893
Kuen-horng Tsai director, officer: Supervisor 3F, NO. 66, LN. 133, DONGFENG RD.,, NORTH DIST., TAINAN F5 704
Wen-chi Huang director, officer: President 2F., NO. 217, SEC. 2, TAIHU RD.,, JINHU TOWNSHIP, KINMEN F5 891