MTI Wireless Edge (LSE:MWE) Total Inventories : £6.04 Mil (As of Mar. 2024)

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What is MTI Wireless Edge Total Inventories?

MTI Wireless Edge's total inventories for the quarter that ended in Mar. 2024 was £6.04 Mil. MTI Wireless Edge's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was £5.98 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MTI Wireless Edge's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was £0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MTI Wireless Edge's Days Inventory for the three months ended in Mar. 2024 was 89.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTI Wireless Edge's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.02.

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. MTI Wireless Edge's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

MTI Wireless Edge Total Inventories Historical Data

The historical data trend for MTI Wireless Edge'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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MTI Wireless Edge Total Inventories Chart

MTI Wireless Edge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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4.39

4.76

5.15

6.37

5.91

MTI Wireless Edge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															6.37	6.18	5.89	5.91	6.04

MTI Wireless Edge 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.

MTI Wireless Edge (LSE:MWE) 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.

MTI Wireless Edge'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)
=	(6.951	+	0.75 * 10.059	+	0.5 * 6.039	-	11.416
-	0	-	0.964)	/	87.8057
=	0.06

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

MTI Wireless Edge'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
	=	5.9755	/	6.115	*	365 / 4
	=	89.17

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

MTI Wireless Edge'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 )
	=	6.115	/	5.9755
	=	1.02

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.

MTI Wireless Edge'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 )
	=	5.9755	/	8.846
	=	0.68

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.

MTI Wireless Edge Total Inventories Related Terms

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MTI Wireless Edge (LSE:MWE) Business Description

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M7O:Germany

Address

11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121

Website

https://www.mtiwirelessedge.com

MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.