Franklin Wireless (Franklin Wireless) Total Inventories : $1.14 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Franklin Wireless Total Inventories?

Franklin Wireless's total inventories for the quarter that ended in Mar. 2024 was $1.14 Mil. Franklin Wireless's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $1.15 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Franklin Wireless's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $2.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Franklin Wireless's Days Inventory for the three months ended in Mar. 2024 was 18.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Franklin Wireless's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.93.

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. Franklin Wireless's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.

Franklin Wireless Total Inventories Historical Data

The historical data trend for Franklin Wireless'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.

Franklin Wireless Total Inventories Chart

Franklin Wireless Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

Get a 7-Day Free Trial

1.05

11.78

0.98

4.20

3.74

Franklin Wireless Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															5.91	3.74	2.26	1.16	1.14

Franklin Wireless 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.

Franklin Wireless (NAS:FKWL) 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.

Franklin Wireless's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(31.737	+	0.75 * 10.262	+	0.5 * 1.136	-	11.773
-	0	-	1.389)	/	11.7843
=	2.28

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

Franklin Wireless's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	1.148	/	5.659	*	365 / 4
	=	18.51

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

Franklin Wireless's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	5.659	/	1.148
	=	4.93

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.

Franklin Wireless's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	1.148	/	6.176
	=	0.19

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.

Franklin Wireless Total Inventories Related Terms

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

Franklin Wireless (Franklin Wireless) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Franklin Wireless Corp (NAS:FKWL) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

9707 Waples Street, Suite 150, San Diego, CA, USA, 92121

Website

https://www.franklinwireless.com

Franklin Wireless Corp is a provider of wireless solutions, including mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Its M2M and IoT solutions include embedded modules, modems, and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, and telematics.

Executives

Kristina S Kim	director	7612 SEATTLE DRIVE, LA MESA CA 91941
Joon Won Jyoung	director	C/O FRANKLIN WIRELESS CORP., 6205 LUSK BLVD., SAN DIEGO CA 92121
Oc Kim	director, 10 percent owner, officer: Chief Executive Officer	5440 MOREHOUSE DR., SUITE 1000, SAN DIEGO CA 92121
Yun J Lee	officer: Senior Vice President	5440 MOREHOUSE DR., SUITE 1000, SAN DIEGO CA 92121
Heidy Kingwan Chow	director	92 KESTREL, IRVINE CA 92618
Johnathan Wonjong Chee	director	8951 N. MILWAUKEE AVE #202, NILES IL 60714
Richard T Walker	officer: Chief Financial Officer	6205 LUSK BLVD, SAN DIEGO CA 92121
David S Oros	other: No longer member of group	9777 PYRAMID COURT, SUITE 100, ENGLEWOOD CO 80112
Karen Singer	other: member of 13(d) group 10%owner	212 VACCARO DRIVE, CRESSKILL NJ 07626
Miller Lloyd I Iii	other: Member of 13(d) group 10%owner
Steven Sherman	other: Member of 13(d) group 10%owner
Benjamin J Chung	director	2218 AVONDALE DRIVE, FULLERTON CA 92833
Gary Wendel Nelson	director	5440 MOREHOUSE DR., SUITE 1000, SAN DIEGO CA 92121
Jae Man Lee	director, 10 percent owner	9823 PACIFIC HEIGHTS BLVD #J, SAN DIEGO CA 92121
David (kwangho) Kim	director	C/O WESTECH KOREA, INC., 548-9 GA JWA 3-DONG, SEO-GU, INCEHON M4 00000