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WaveDancer (WaveDancer) Total Inventories : $0.00 Mil (As of Mar. 2024)


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What is WaveDancer Total Inventories?

WaveDancer's total inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. WaveDancer's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. WaveDancer's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WaveDancer's Days Inventory for the three months ended in Mar. 2024 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. WaveDancer's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


WaveDancer Total Inventories Historical Data

The historical data trend for WaveDancer'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.

WaveDancer Total Inventories Chart

WaveDancer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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WaveDancer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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WaveDancer 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.


WaveDancer  (NAS:WAVD) 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.

WaveDancer'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)
=(0.563+0.75 * 0.775+0.5 * 0-2.056
-0-0)/2.01318
=-0.45

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

WaveDancer'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
=0/1.216*365 / 4
=0.00

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

WaveDancer'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 )
=1.216 / 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.

WaveDancer'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 / 1.915
=0.00

* 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.


WaveDancer Total Inventories Related Terms

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WaveDancer (WaveDancer) Business Description

Traded in Other Exchanges
N/A
Address
12015 Lee Jackson Memorial Highway, Suite 210, Fairfax, VA, USA, 22033
WaveDancer Inc, formerly Information Analysis Inc is in the business of developing and maintaining information technology systems, modernizing client information systems, and performing professional services to government and commercial organizations. The company has two operating segments: the Tellenger segment provides professional services to government agencies, related to legacy software migration and modernization, developing web-based and mobile device solutions, including dynamic electronic forms development and conversion, and data analytics, and The Blockchain SCM segment is an early-stage business focused on developing, marketing, and selling a SaaS supply chain management platform built on blockchain technology.
Executives
Benoit Gerald James Jr director, officer: CEO %INFORMATION ANALYSIS INCORPORATED, 12015 LEE JACKSON MEMORIAL HWY, STE 210, FAIRFAX VA 22033
Linda L Singh director 3301 BOSTON STREET, BALTIMORE MD 21224
Paul B Becker director C/O INFORMATION ANALYSIS INCORPORATED, 12015 LEE JACKSON MEMORIAL HWY STE 210, FAIRFAX VA 22033
Timothy G Hannon officer: CFO % INFORMATION ANALYSIS INC, STE 210, FAIRFAX VA 22033
Dipaula James C Jr director C/O INFORMATION ANALYSIS INCORPORATED, STE 210, FAIRFAX VA 22033
Donald J Tringali director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Johnson Jack L Jr director C/O INFORATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Sandor Rosenberg director, 10 percent owner, officer: Chief Executive Officer 11240 WAPLES MILL ROAD, SUITE 400, FAIRFAX VA 22030
Matthew T Sands officer: Acting Principal Financial Off C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
Bonnie K Wachtel director 1101 FOURTEENTH STREET NW, SUITE 800, WASHINGTON DC 20005
Stanley Arthur Reese officer: Chief Operating Officer
Mark T Krial director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
William Henry Pickle director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD, STE 201, FAIRFAX VA 22030
Richard S Derose officer: Chief Financial Officer