VYGVQ (Voyager Digital) Total Inventories: $3,433.1 Mil (As of Mar. 2022)

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VYGVQ Voyager Digital Ltd VYGVQ
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What is Voyager Digital Total Inventories?

Voyager Digital VYGVQ -90.00% 12 Total Inventories is $3,433.1 Mil as of Mar. 2022. GuruFocus rates VYGVQ with a GF Score™ of 12/100.

Voyager Digital's total inventories for the quarter that ended in Mar. 2022 was $3,433.1 Mil. Voyager Digital's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Mar. 2022 was $3,214.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Voyager Digital's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-23.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Voyager Digital's Days Inventory for the three months ended in Mar. 2022 was 16,314.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Voyager Digital's Inventory Turnover for the quarter that ended in Mar. 2022 was 0.01.

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. Voyager Digital's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 31.29.


Voyager Digital  (OTCPK:VYGVQ) 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.

Voyager Digital's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is

Net-Net Working Capital Per Share (Q: Mar. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(99.406+0.75 * 0+0.5 * 3433.142-5741.101
-0-0)/170.655
=-23.00

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

Voyager Digital's Days Inventory for the three months ended in Mar. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2022 )/Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=3214.4505/17.979*365 / 4
=16,314.51

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

Voyager Digital's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2022 ) / Average Total Inventories (Q: Mar. 2022 )
=17.979 / 3214.4505
=0.01

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.

Voyager Digital's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=3214.4505 / 102.743
=31.29

* 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.


Voyager Digital Total Inventories Related Terms


Voyager Digital Total Inventories Historical Data

* Premium members only.

The historical data trend for Voyager Digital'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.

Voyager Digital Total Inventories Chart

Voyager Digital Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.17 13.11 2,286.40

Voyager Digital Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 2,099.20 2,286.40 3,061.99 2,995.76 3,433.14
VYGVQ
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Voyager Digital Ltd VYGVQ
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Voyager Digital 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 $3,433.1 Mil mean?
Voyager Digital (VYGVQ) has a Total Inventories of $3,433.1 Mil as of Mar. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for Voyager Digital and its competitors.
Is Voyager Digital's Total Inventories too high?
Voyager Digital's current Total Inventories is $3,433.1 Mil. Overall, Voyager Digital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Voyager Digital's Total Inventories compare to IONI and APYP?
Voyager Digital's Total Inventories of $3,433.1 Mil can be compared against companies in the Software 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 Software company?
A good Total Inventories depends on the Software 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 Voyager Digital and its competitors. Voyager Digital's current Total Inventories is $3,433.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Digital stock overvalued right now?
Voyager Digital (VYGVQ) has a current Total Inventories of $3,433.1 Mil. The current Total Inventories is $3,433.1 Mil. Voyager Digital's overall GF Score™ is 12/100. 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 Voyager Digital (VYGVQ), the current Total Inventories is $3,433.1 Mil as of Mar. 2022. 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.

Voyager Digital Business Description

Address 33 Irving Plaza, Suite 3060, New York, NY, USA, 10003
Voyager Digital Ltd through its subsidiary operates as a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. The company offers investors execution, data, wallet, and custody services through its institutional-grade open architecture platform.
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