GURUFOCUS.COM » STOCK LIST » Technology » Software » Tribal Rides International Corp (OTCPK:XNDA) » Definitions » Total Inventories

Tribal Rides International (Tribal Rides International) Total Inventories : $0.00 Mil (As of Jun. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Tribal Rides International Total Inventories?

Tribal Rides International's total inventories for the quarter that ended in Jun. 2023 was $0.00 Mil. Tribal Rides International's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tribal Rides International's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.02.

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.

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.


Tribal Rides International Total Inventories Historical Data

The historical data trend for Tribal Rides International'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.

Tribal Rides International Total Inventories Chart

Tribal Rides International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only - - - - -

Tribal Rides International Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - - -

Tribal Rides International 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.


Tribal Rides International  (OTCPK:XNDA) 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.

Tribal Rides International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.789
-0-0)/39.6075
=-0.02

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

Tribal Rides International's Days Inventory for the three months ended in Jun. 2023 is calculated as:

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

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

Tribal Rides International's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

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

Tribal Rides International's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0 / 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.


Tribal Rides International Total Inventories Related Terms

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


Tribal Rides International (Tribal Rides International) Business Description

Traded in Other Exchanges
N/A
Address
26060 Acero, Mission Viejo, CA, USA, 92691
Tribal Rides International Corp is a transportation technology company creating the future of personal mobility with a, patented focus on autonomous vehicles. It is developing a cloud-based Systems as a Solution (SaaS) interface for a comprehensive social network and mobile application. The company's planned E-commerce module will enable users to create and manage their own personalized transportation experience; to form and/or join groups; collaborate on cost-saving strategies; find, schedule, obtain transportation services from within the groups in which it belong, and easily and securely conduct financial transactions.
Executives
Joseph Grimes director, 10 percent owner, officer: CEO 6 CLEOME, LADERA RANCH CA 92694
Steven Paul Ritacco director, officer: Chief Technology Officer 4311 NE 18TH AVE, FT. LAUDERDALE FL 33334
Sanjay Prasad director 221 MAIN STREET, #496, LOS ALTOS CA 94023
Donald Dewayne Smith officer: Chief Financial Officer C/O TRIBAL RIDES INTERNATIONAL, INC., 26060 ACERO, MISSION VIEJO CA 92691