WAYS (Wave Sync) Total Inventories: $0.00 Mil (As of Mar. 2022)

What is Wave Sync Total Inventories?

Wave Sync WAYS 12 Total Inventories is $0.00 Mil as of Mar. 2022. GuruFocus rates WAYS with a GF Score™ of 12/100.

Wave Sync's total inventories for the quarter that ended in Mar. 2022 was $0.00 Mil. Wave Sync's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Mar. 2022 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wave Sync's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-0.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wave Sync's Days Inventory for the three months ended in Mar. 2022 was 1.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wave Sync's Inventory Turnover for the quarter that ended in Mar. 2022 was 91.20.

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. Wave Sync's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.00.

Wave Sync (OTCPK:WAYS) 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.

Wave Sync'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)
=	(0.556	+	0.75 * 0.077	+	0.5 * 0.002	-	4.037
-	0	-	0)	/	17.466
=	-0.20

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

Wave Sync'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
	=	0.0025	/	0.228	*	365 / 4
	=	1.00

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

Wave Sync'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 )
	=	0.228	/	0.0025
	=	91.20

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.

Wave Sync'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 )
	=	0.0025	/	0.789
	=	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.

Wave Sync Total Inventories Related Terms

Wave Sync Total Inventories Historical Data

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Wave Sync 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?

Wave Sync (WAYS) has a Total Inventories of $0.00 Mil as of Mar. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for Wave Sync and its competitors.

Is Wave Sync's Total Inventories too high?

Wave Sync's current Total Inventories is $0.00 Mil. Overall, Wave Sync has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Wave Sync's Total Inventories compare to GWII and CNTQ?

Wave Sync's Total Inventories of $0.00 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?

A good Total Inventories depends on the Diversified Financial Services 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 Wave Sync and its competitors. Wave Sync'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 Wave Sync stock overvalued right now?

Wave Sync (WAYS) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Wave Sync'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 Wave Sync (WAYS), the current Total Inventories is $0.00 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.

Wave Sync Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies GWII CNTQ PNAC GLST IMAQ ASCA ARIZ MAQC ACEV MCAG GSHN ASZ KAHC CVII PBAJ IPOF JWSM GRNT AAC HERA

Address 19 West 44th Street, Suite 1001, New York, NY, USA, 10036

Wave Sync Corp is a shell company.

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