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Advanced Battery Technologies (Advanced Battery Technologies) Total Inventories : $5.23 Mil (As of Dec. 2010)


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What is Advanced Battery Technologies Total Inventories?

Advanced Battery Technologies's total inventories for the quarter that ended in Dec. 2010 was $5.23 Mil. Advanced Battery Technologies's average total inventories from the quarter that ended in Dec. 2009 to the quarter that ended in Dec. 2010 was $4.45 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Advanced Battery Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2010 was $1.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advanced Battery Technologies's Days Inventory for the six months ended in Dec. 2010 was 15.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Battery Technologies's Inventory Turnover for the quarter that ended in Dec. 2010 was 11.51.

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. Advanced Battery Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2010 was 0.05.


Advanced Battery Technologies Total Inventories Historical Data

The historical data trend for Advanced Battery Technologies'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.

Advanced Battery Technologies Total Inventories Chart

Advanced Battery Technologies Annual Data
Trend Jun01 Jun02 Jun03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 1.16 1.75 3.68 5.23

Advanced Battery Technologies Semi-Annual Data
Jun00 Jun01 Jun02 Jun03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.44 1.16 1.75 3.68 5.23

Advanced Battery Technologies 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.


Advanced Battery Technologies  (OTCPK:ABAT) 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.

Advanced Battery Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2010 is

Net-Net Working Capital Per Share (Q: Dec. 2010 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(111.128+0.75 * 16.084+0.5 * 5.225-22.396
-0-0)/76.4246
=1.35

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

Advanced Battery Technologies's Days Inventory for the six months ended in Dec. 2010 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2010 )/Cost of Goods Sold (Q: Dec. 2010 )*Days in Period
=4.4525/51.232*365 / 2
=15.86

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

Advanced Battery Technologies's Inventory Turnover for the quarter that ended in Dec. 2010 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2010 ) / Average Total Inventories (Q: Dec. 2010 )
=51.232 / 4.4525
=11.51

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.

Advanced Battery Technologies's Inventory to Revenue for the quarter that ended in Dec. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2010 ) / Revenue (Q: Dec. 2010 )
=4.4525 / 97.129
=0.05

* 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.


Advanced Battery Technologies Total Inventories Related Terms

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Advanced Battery Technologies (Advanced Battery Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Advanced Battery Technologies Inc was incorporated in the State of Delaware on January 16, 1984. It is a holding company, which is engaged in design, manufacture and distribution of rechargeable polymer lithium-ion batteries and electric vehicles through its wholly owned subsidiaries, Cashtech, ZQPT, Wuxi ZQ and the VIE, HLJ ZQPT. ZQ Power-Tech designs, manufactures and markets rechargeable polymer lithium-ion batteries. PLI batteries produce a relatively high average of 3.8 volts per cell, which makes them attractive in terms of both weight and volume. Additionally, they can be manufactured in very thin configurations and with large footprints. PLI cells can be configured in almost any prismatic shape, and can be made thinner than 0.0195 inches to fill virtually any shape efficiently. This combination of power and versatility makes rechargeable PLI batteries particularly attractive for use in consumer products such as portable computers, personal digital assistants and cellular telephones. ZQ Power-Techs batteries combine high-energy chemistry with state-of-the-art polymer technology. Every battery component is solid, which means that there are no liquids that need to be contained by heavy cell housings. The result is a safe, thin, lightweight rechargeable battery with an operating temperature range. Similar to lithium-ion prismatic rechargeable cells, the ZQ Power-Tech polymer cells do not exhibit a memory problem. This means that they can be recharged at any state of charge, without first having to be completely discharged. At the present time, ZQ Power-Tech produces only one finished product. This is a cordless miners lamp equipped with a rechargeable PLI battery. The Companys operating subsidiaries, ZQ Power-Tech and Wuxi ZQ, are subject to numerous Chinese provincial and local laws and regulations relating to the protection of the environment.
Executives
Dahe Zhang officer: Chief Financial Officer 500 5TH AVENUE, SUITE 4120, NEW YORK NY 10110
John Leo director 80 WALL STREET, 5TH FLOOR, NEW YORK NY 10005

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