Good Gamer Entertainment (TSXV:GOOD) Total Inventories : C$0.00 Mil (As of Dec. 2023)

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What is Good Gamer Entertainment Total Inventories?

Good Gamer Entertainment's total inventories for the quarter that ended in Dec. 2023 was C$0.00 Mil. Good Gamer Entertainment's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 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. Good Gamer Entertainment's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Good Gamer Entertainment's Days Inventory for the three months ended in Dec. 2023 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. Good Gamer Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Good Gamer Entertainment Total Inventories Historical Data

The historical data trend for Good Gamer Entertainment'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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Good Gamer Entertainment Total Inventories Chart

Good Gamer Entertainment Annual Data

Trend

Dec20

Dec21

Mar22

Mar23

Total Inventories

Good Gamer Entertainment Quarterly Data
	Sep20	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial					-	-	-	-	-

Good Gamer Entertainment 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.

Good Gamer Entertainment (TSXV:GOOD) 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.

Good Gamer Entertainment's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.185	+	0.75 * 0.075	+	0.5 * 0	-	0.692
-	0	-	0)	/	42.5828
=	-0.01

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

Good Gamer Entertainment's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	0.102	*	365 / 4
	=	0.00

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

Good Gamer Entertainment's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	0.102	/	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.

Good Gamer Entertainment's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	0.107
	=	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.

Good Gamer Entertainment Total Inventories Related Terms

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Good Gamer Entertainment (TSXV:GOOD) Business Description

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GGAMF:USA

Address

700 W Pender Streets, Suite 1290, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.goodgamer.ca

Good Gamer Entertainment Inc operates an online play-to-earn game discovery and entertainment platform in Canada and the United States. offers a premium real-money skill-based gaming tournament management platform that offers a win-win for gamers and developers. The Company will have the following reportable segments: display advertisements, non-fungible tokens (NFTs), search monetization, chrome extensions, corporate and development, tournament management platform (TMP), PlayCash, and Fantasy app. The majority of its revenue generates from the NFT segment. It also offers gamers the opportunity to play their favorite mobile games and win real cash prizes. Geographically it operates in USA and India.