GURUFOCUS.COM » STOCK LIST » Technology » Software » Wellfield Technologies Inc (OTCPK:WFLDF) » Definitions » Total Inventories

WFLDF (Wellfield Technologies) Total Inventories : $0.02 Mil (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Wellfield Technologies Total Inventories?

Wellfield Technologies's total inventories for the quarter that ended in Dec. 2024 was $0.02 Mil. Wellfield Technologies's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wellfield Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wellfield Technologies's Days Inventory for the three months ended in Dec. 2024 was 19.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wellfield Technologies's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.62.

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. Wellfield Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.

Wellfield Technologies Total Inventories Historical Data

The historical data trend for Wellfield 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.

* Premium members only.

Wellfield Technologies Total Inventories Chart

Wellfield Technologies Annual Data
Trend Dec19 Dec20 Dec21 Mar23 Mar24
Total Inventories
- - - 1.02 0.02

Wellfield Technologies Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 - 0.02 0.01 0.01 0.02

Wellfield 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.

Wellfield Technologies  (OTCPK:WFLDF) 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.

Wellfield Technologies'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)
=(0.055+0.75 * 0.032+0.5 * 0.016-16.656
-0-0)/190.691
=-0.09

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

Wellfield Technologies'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
=0.013/0.06*365 / 4
=19.77

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

Wellfield Technologies'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 )
=0.06 / 0.013
=4.62

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.

Wellfield Technologies'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 )
=0.013 / 0.382
=0.03

* 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.

Wellfield Technologies Total Inventories Related Terms

Thank you for viewing the detailed overview of Wellfield Technologies's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Wellfield Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Wellfield Technologies Inc (OTCPK:WFLDF) » Definitions » Total Inventories
Comparable Companies
TSXV:ALY TSXV:TBIX XCNQ:SPAI XCNQ:ANON XCNQ:ISFT TSXV:SPZ TSXV:AISX XCNQ:VSBY XCNQ:SPTZ XCNQ:CK XTER:SAP CRM NOW ADBE UBER INTU TSX:SHOP APP ADP MSTR
Traded in Other Exchanges
K8D:Germany WFLD:Canada
Address
666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Website
https://www.wellfield.io
Wellfield Technologies Inc is engaged in decentralized finance (DeFi) by building open and accessible decentralized protocols and also blockchain-based consumer products. The company's brands include Seamless - the company's protocol layer and MoneyClip - the company's application layer brand. The company's brands include Coinmama, Wellfield Capital, and Wellfield Gold.