NetCents Technology (XCNQ:NC) Total Inventories : C$0.00 Mil (As of Jul. 2020)

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What is NetCents Technology Total Inventories?

NetCents Technology's total inventories for the quarter that ended in Jul. 2020 was C$0.00 Mil. NetCents Technology's average total inventories from the quarter that ended in Apr. 2020 to the quarter that ended in Jul. 2020 was C$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NetCents Technology's Net-Net Working Capital per share for the quarter that ended in Jul. 2020 was C$-0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NetCents Technology's Days Inventory for the three months ended in Jul. 2020 was 0.00.

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. NetCents Technology's Inventory-to-Revenue for the quarter that ended in Jul. 2020 was 0.00.

NetCents Technology Total Inventories Historical Data

The historical data trend for NetCents Technology'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.

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NetCents Technology Total Inventories Chart

NetCents Technology Annual Data

Trend

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Total Inventories

NetCents Technology Quarterly Data
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Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

NetCents Technology 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.

NetCents Technology (XCNQ:NC) 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.

NetCents Technology's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2020 is

	Net-Net Working Capital Per Share (Q: Jul. 2020 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.63	+	0.75 * 0	+	0.5 * 0	-	7.301
-	0	-	0)	/	80.9699
=	-0.06

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

NetCents Technology's Days Inventory for the three months ended in Jul. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2020 )	/	Cost of Goods Sold (Q: Jul. 2020 )	*	Days in Period
	=	0	/	0.023	*	365 / 4
	=	0.00

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

NetCents Technology's Inventory Turnover for the quarter that ended in Jul. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jul. 2020 )	/	Average Total Inventories (Q: Jul. 2020 )
	=	0.023	/	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.

NetCents Technology's Inventory to Revenue for the quarter that ended in Jul. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jul. 2020 )	/	Revenue (Q: Jul. 2020 )
	=	0	/	0.07
	=	0.00

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.

NetCents Technology Total Inventories Related Terms

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NetCents Technology (XCNQ:NC) Business Description

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Address

350-375 Water Street, Vancouver, BC, CAN, V6B 5C6

Website

https://www.net-cents.com

NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.