SpotLite360 IOT Solutions (XCNQ:LITE) Total Inventories: C$0.10 Mil (As of Sep. 2023)

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What is SpotLite360 IOT Solutions Total Inventories?

SpotLite360 IOT Solutions XCNQ:LITE Total Inventories is C$0.10 Mil as of Sep. 2023.

SpotLite360 IOT Solutions's total inventories for the quarter that ended in Sep. 2023 was C$0.10 Mil. SpotLite360 IOT Solutions's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was C$0.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. SpotLite360 IOT Solutions's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was C$-0.01.

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. SpotLite360 IOT Solutions's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.00.

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.


SpotLite360 IOT Solutions  (XCNQ:LITE) 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.

SpotLite360 IOT Solutions's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.004+0.75 * 0+0.5 * 0.101-1.018
-0-0)/101.940
=-0.01

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

SpotLite360 IOT Solutions's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.1/0*365 / 4
=

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

SpotLite360 IOT Solutions's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0 / 0.1
=0.00

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.

SpotLite360 IOT Solutions's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.1 / 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.


SpotLite360 IOT Solutions Total Inventories Related Terms


SpotLite360 IOT Solutions Total Inventories Historical Data

* Premium members only.

The historical data trend for SpotLite360 IOT Solutions'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.

SpotLite360 IOT Solutions Total Inventories Chart

SpotLite360 IOT Solutions Annual Data
Trend Dec20 Dec21 Dec22
Total Inventories
0.00 0.00 0.10

SpotLite360 IOT Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.10 0.10 0.10 0.10 0.10

SpotLite360 IOT Solutions 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 C$0.10 Mil mean?
SpotLite360 IOT Solutions (XCNQ:LITE) has a Total Inventories of C$0.10 Mil as of Sep. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for SpotLite360 IOT Solutions and its competitors.
Is SpotLite360 IOT Solutions' Total Inventories too high?
SpotLite360 IOT Solutions' current Total Inventories is C$0.10 Mil.
How does SpotLite360 IOT Solutions' Total Inventories compare to GEHC and VEEV?
SpotLite360 IOT Solutions' Total Inventories of C$0.10 Mil can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Total Inventories depends on the Healthcare Providers & 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 SpotLite360 IOT Solutions and its competitors. SpotLite360 IOT Solutions's current Total Inventories is C$0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpotLite360 IOT Solutions stock overvalued right now?
SpotLite360 IOT Solutions (XCNQ:LITE) has a current Total Inventories of C$0.10 Mil. The current Total Inventories is C$0.10 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 SpotLite360 IOT Solutions (XCNQ:LITE), the current Total Inventories is C$0.10 Mil as of Sep. 2023. 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.

SpotLite360 IOT Solutions Business Description

Address 789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
SpotLite360 IOT Solutions Inc is a supply chain and healthcare company focused on the delivery of a SaaS-based supply chain execution and sustainability platform for enterprise customers in the pharmaceutical, healthcare, and agricultural industries. Its Spotlite360 Software meets the customer needs for supply chain execution, tracing, tracking, and sustainability.