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VRDR (Verde Resources) Total Inventories : $0.27 Mil (As of Dec. 2024)


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What is Verde Resources Total Inventories?

Verde Resources's total inventories for the quarter that ended in Dec. 2024 was $0.27 Mil. Verde Resources's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $0.28 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Verde Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Verde Resources's Days Inventory for the three months ended in Dec. 2024 was 2,793.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Verde Resources's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.03.

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. Verde Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 137.75.


Verde Resources Total Inventories Historical Data

The historical data trend for Verde Resources'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.

Verde Resources Total Inventories Chart

Verde Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.09 0.10 0.31

Verde Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.23 0.23 0.31 0.28 0.27

Verde Resources 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.


Verde Resources  (OTCPK:VRDR) 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.

Verde Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.642+0.75 * 0.188+0.5 * 0.272-1.787
-0-0)/1241.297
=0.00

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

Verde Resources's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.2755/0.009*365 / 4
=2,793.26

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

Verde Resources's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=0.009 / 0.2755
=0.03

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.

Verde Resources's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0.2755 / 0.002
=137.75

* 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.


Verde Resources Total Inventories Related Terms

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Verde Resources Business Description

Traded in Other Exchanges
N/A
Address
8112 Maryland Avenue, Suite 400, St. Louis, MO, USA, 63105
Verde Resources Inc is a US-based company. The company currently is engaged in the production and distribution of renewable commodities, distribution of THC-free cannabinoid (CBD) products, and real property holding. The company has three operating segments, Production and distribution of renewable commodities; Holding of real property; and Licensor of proprietary pyrolysis technology. It generates the majority of its revenue from the Production and distribution of renewable commodities segment.
Executives
Oil Berhad Borneo 10 percent owner 1ST AND 2ND FLOOR, VICTORIA POINT,, JALAN OKK AWANG BESAR, W. P. LABUAN N8 87007
Borneo Oil & Gas Corp Sdn Bhd 10 percent owner 17TH FLOOR, MENARA HAP SENG, NO. 1 & 3, JALAN P. RAMLEE, KUALA LUMPUR N8 50250
Ming Ding Wu director, 10 percent owner, officer: President UNIT 1503, 15/F, THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
All Fine Holdings Ltd 10 percent owner UNIT 1503, 15/F., THE PHOENIX, 21-25 LUARD ROAD, WANCHAI, HONG KONG K3 00000
Michael Stiege director, 10 percent owner 905 VENTURE WAY, MILL VALLEY CA 94941
Stephen Spalding director, 10 percent owner, officer: Pres., CEO, Tres., Sec. 905 VENTURE WAY, MILL VALLEY CA 94941
Kukulcan Diversified Corp. 10 percent owner PO BOX 1405, LOS ALTOS CA 94023