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Tevano Systems Holdings (XCNQ:TEVO) Total Inventories : C$0.00 Mil (As of Mar. 2023)


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What is Tevano Systems Holdings Total Inventories?

Tevano Systems Holdings's total inventories for the quarter that ended in Mar. 2023 was C$0.00 Mil. Tevano Systems Holdings's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Mar. 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. Tevano Systems Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was C$-0.03.

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

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.


Tevano Systems Holdings Total Inventories Historical Data

The historical data trend for Tevano Systems Holdings'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.

Tevano Systems Holdings Total Inventories Chart

Tevano Systems Holdings Annual Data
Trend Jun21 Jun22
Total Inventories
0.13 -

Tevano Systems Holdings Quarterly Data
Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.17 - - - -

Tevano Systems Holdings 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.


Tevano Systems Holdings  (XCNQ:TEVO) 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.

Tevano Systems Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is

Net-Net Working Capital Per Share (Q: Mar. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.074+0.75 * 0.017+0.5 * 0-0.977
-0-0)/30.0325
=-0.03

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

Tevano Systems Holdings's Days Inventory for the three months ended in Mar. 2023 is calculated as:

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

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

Tevano Systems Holdings's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=0 / 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.

Tevano Systems Holdings's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

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

* 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.


Tevano Systems Holdings Total Inventories Related Terms

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Tevano Systems Holdings (XCNQ:TEVO) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1303, Vancouver, BC, CAN, V6E 2Y3
Tevano Systems Holdings Inc is in the business of designing, developing, marketing, and selling self-service kiosks for non-physical contact monitoring, testing temperatures and dispensing hand sanitizer for the post COVID-19 environment.
Executives
John Benjamin Sawchuk 10% Security Holder, Director, Senior Officer

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