VXIT (VirExit Technologies) Total Inventories: $0.00 Mil (As of May. 2019)


What is VirExit Technologies Total Inventories?

VirExit Technologies VXIT Total Inventories is $0.00 Mil as of May. 2019.

VirExit Technologies's total inventories for the quarter that ended in May. 2019 was $0.00 Mil. VirExit Technologies's average total inventories from the quarter that ended in Feb. 2019 to the quarter that ended in May. 2019 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. VirExit Technologies's Net-Net Working Capital per share for the quarter that ended in May. 2019 was $-0.04.

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

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.

VirExit Technologies  (OTCPK:VXIT) 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.

VirExit Technologies's Net-Net Working Capital Per Share for the quarter that ended in May. 2019 is

Net-Net Working Capital Per Share (Q: May. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.041+0.75 * 0+0.5 * 0-3.08
-0.001-0)/82.647
=-0.04

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

VirExit Technologies's Days Inventory for the three months ended in May. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: May. 2019 )/Cost of Goods Sold (Q: May. 2019 )*Days in Period
=0/0*365 / 4
=

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

VirExit Technologies's Inventory Turnover for the quarter that ended in May. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: May. 2019 ) / Average Total Inventories (Q: May. 2019 )
=0 / 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.

VirExit Technologies's Inventory to Revenue for the quarter that ended in May. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2019 ) / Revenue (Q: May. 2019 )
=0 / 0
=

* 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.

VirExit Technologies Total Inventories Related Terms

VirExit Technologies Total Inventories Historical Data

* Premium members only.

The historical data trend for VirExit 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.

VirExit Technologies Total Inventories Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Total Inventories
0.00 0.08 0.11 0.00 0.00

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 0.00 0.00 0.00 0.00 0.00

VirExit 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
VirExit Technologies (VXIT) has a Total Inventories of $0.00 Mil as of May. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for VirExit Technologies and its competitors.
Is VirExit Technologies' Total Inventories too high?
VirExit Technologies' current Total Inventories is $0.00 Mil.
How does VirExit Technologies' Total Inventories compare to RIHT and GEQU?
VirExit Technologies' Total Inventories of $0.00 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Total Inventories depends on the Utilities - Independent Power Producers 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 VirExit Technologies and its competitors. VirExit Technologies's current Total Inventories is $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 VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $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 VirExit Technologies (VXIT), the current Total Inventories is $0.00 Mil as of May. 2019. 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.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.