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Neonode (Neonode) Total Inventories : $0.49 Mil (As of Mar. 2024)


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What is Neonode Total Inventories?

Neonode's total inventories for the quarter that ended in Mar. 2024 was $0.49 Mil. Neonode's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.55 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Neonode's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neonode's Days Inventory for the three months ended in Mar. 2024 was 126.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neonode's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.72.

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. Neonode's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.54.


Neonode Total Inventories Historical Data

The historical data trend for Neonode'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.

Neonode Total Inventories Chart

Neonode Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.27 2.52 3.83 0.61

Neonode 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 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 3.85 3.67 4.31 0.61 0.49

Neonode 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.


Neonode  (NAS:NEON) 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.

Neonode'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)
=(14.274+0.75 * 1.072+0.5 * 0.487-1.874
-0-0)/15.3595
=0.88

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

Neonode'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
=0.5485/0.397*365 / 4
=126.07

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

Neonode'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 )
=0.397 / 0.5485
=0.72

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.

Neonode'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 )
=0.5485 / 1.014
=0.54

* 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.


Neonode Total Inventories Related Terms

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Neonode (Neonode) Business Description

Traded in Other Exchanges
N/A
Address
Karlavagen 100, Stockholm, SWE, 115 26
Neonode Inc provides optical sensing solutions for contactless touch, touch, and gesture sensing and also provides software solutions for machine perception that feature machine learning algorithms to detect and track persons and objects in video streams from cameras and other types of imagers. It markets and sells its solutions to customers in many different markets and segments including, but not limited to, office equipment, automotive, industrial automation, medical, military, and avionics. The company's business areas are Human-Machine Interaction Solutions, Human-Machine Interaction Products, and Remote Sensing Solutions.
Executives
Cecilia Edstrom director KARLAVAGEN 100, STOCKHOLM V7 115 26
Fredrik Nihlen officer: Chief Financial Officer C/O NEONODE, INC.,. 100 KARLAVAGEN, STOCKHOLM V7 115 26
Urban Forssell officer: Chief Executive Officer C/O NEONODE, STORGATAN 23C, STOCKHOLM V7 11455
Mattias Bergman director C/O NEONODE, INC., STORGATAN 23C, STOCKHOLM V7 114 55
Ek Maria Anne-lee Charlotte officer: Chief Financial Officer C/O NEONODE, INC., STORGATAN 23C, STOCKHOLM V7 114 55
Ulf Rosberg director FAFNERVAEGEN 2, DJURSHOLM V7 18266
Hakan Persson officer: Chief Executive Officer C/O NEONODE INC., STORGATAN 23C, STOCKHOLM V7 114 55
Andreas Bunge director DRAGARSTIGEN 3, SALTSJOBADEN V7 133 36
Peter Lindell 10 percent owner LILLA ERSTAGATAN 6, STOCKHOLM V7 116 28
Lars, Goran Lindqvist director ZUGERSTRASSE 20, UNTERAEGERI V8 6314
Asa Hedin director MORABERGSVAGEN 27, SALTSJOBADEN V7 133 33
Per Eriksson director VILDVINSVAGEN 5, SALTSJOBADEN V7 S-133 36
Bjorn Thomas Eriksson officer: Vice President STORANGSSTIGEN 15 C, STOCKSUND V7 18274
Mats Dahlin director LORETOHOHE 1, ZUG V8 6300
Bystedt Per Ivar Gosta director DJURGARDSVAGEN 144, STOCKHOLM V7 SE 115 21