GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZZLL Information Technology Inc (OTCPK:ZZLL) » Definitions » Total Inventories

ZZLL Information Technology (ZZLL Information Technology) Total Inventories : $0.06 Mil (As of Sep. 2022)


View and export this data going back to 2007. Start your Free Trial

What is ZZLL Information Technology Total Inventories?

ZZLL Information Technology's total inventories for the quarter that ended in Sep. 2022 was $0.06 Mil. ZZLL Information Technology's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was $0.06 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ZZLL Information Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ZZLL Information Technology's Days Inventory for the three months ended in Sep. 2022 was 83.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. ZZLL Information Technology's Inventory Turnover for the quarter that ended in Sep. 2022 was 1.09.

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. ZZLL Information Technology's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.46.


ZZLL Information Technology Total Inventories Historical Data

The historical data trend for ZZLL Information Technology'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.

ZZLL Information Technology Total Inventories Chart

ZZLL Information Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.04 0.07

ZZLL Information Technology Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - 0.07 0.07 0.07 0.06

ZZLL Information Technology 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.


ZZLL Information Technology  (OTCPK:ZZLL) 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.

ZZLL Information Technology's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

Net-Net Working Capital Per Share (Q: Sep. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.02+0.75 * 0.011+0.5 * 0.062-3.502
-0-0)/20.2775
=-0.17

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

ZZLL Information Technology's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2022 )/Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=0.0635/0.069*365 / 4
=83.98

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

ZZLL Information Technology's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2022 ) / Average Total Inventories (Q: Sep. 2022 )
=0.069 / 0.0635
=1.09

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.

ZZLL Information Technology's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=0.0635 / 0.139
=0.46

* 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.


ZZLL Information Technology Total Inventories Related Terms

Thank you for viewing the detailed overview of ZZLL Information Technology's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


ZZLL Information Technology (ZZLL Information Technology) Business Description

Traded in Other Exchanges
N/A
Address
18 Java Road, Unit 1504, 15th Floor, Carnival Commercial Building, North Point, Hong Kong, HKG
ZZLL Information Technology Inc is an online media company that syndicates video in a cloud-based, multimedia conduit serving a growing, community of content creators, news outlets, and brands. It acts as a provider of syndicated video media and e-commerce platforms to news organizations in the Asia Pacific region. The company develops e-commerce, video content, and video streaming through its online platform, Hua Wen Mall. It provides consumer-to-consumer, business-to-consumer, and business-to-business-sales services through its web portal, Z-Line Mall.
Executives
Wei Liang director NO. 271, XING ZHI GARDEN, SHI YU STREET, LOU XING DISTRICT, LOU DI F4 HUNAN
Yanfei Tang director, officer: President,CFO,CEO,Treas,Secr. 1A304 ZHUJIANG XUJING JIAN YUAN, BANTIAN BANXUEGANG RD LONG GANG DISTRICT, SHENZHEN, GUANGDONG F4 518100
Wei Zhu director SECTION 8 RESIDENCE COMMITTEE OFFICE, LEPING STREET, LOUXING DISTRICT, LOUDI F4 HUNAN
Riggs Cheung director 41 BOBOLINK LANE, LEVITTOWN NY 11756
Philp Lo Tsz Fung director, officer: CFO FLAT 'C' 30/F BLOCK 2, HANELY VILLA, 18 YAU LAI ROAD, TSUEN WAN K3 00000
Sean Webster director, officer: PRESIDENT UNIT 1010 MIRAMAR TOWER, 132 NATHAN ROAD, TSIMSHATSUI, KOWLOON, HONG KONG F4 00000
High State International Ltd. 10 percent owner RM 7, 15/F, HANG YING BUILDING, 318 KING'S ROAD, NORTH POINT K3 00000
Chin O Electric Engineering Co., Ltd. 10 percent owner METROPOLE BUILDING, 416-438 KING'S ROAD, NORTH POINT K3 00000
Redon International Ltd. 10 percent owner RM 10, 1/F WELLBORNE COMM CENTRE, 8 JAVA ROAD, NORTH POINT K3 000000
Tong Ricky Chiu director, officer: President ROOM C, 25/F, GRAND EXCELSIOR,, 83 WATERLOO ROAD, KOWLOON K3 00000
Wong Yun Leung 10 percent owner UNIT E, 8/F, 8 HART AVENUE, TSIMSHATSUI K3 KOWLOON
Kan Pan Hung Benny director, officer: CFO, CEO UNIT E, 8/F, 8 HART AVENUE, TSIMSHATSUI K3 KOWLOON
Chiu Wan Kee director, 10 percent owner, officer: Chairman UNIT E, 8/F, 8 HART AVENUE, TSIMSHATSUI K3 KOWLOON
Lam In Wai Mike director UNIT E, 8/F, 8 HART AVENUE, TSIMSHATSUI K3 KOWLOON
Bao Shinn Express Co. Ltd. 10 percent owner UNIT E, 8/F, 8 HART AVENUE, TSIMSHATSUI K3 KOWLOON

ZZLL Information Technology (ZZLL Information Technology) Headlines