Yunhong Green CTI (Yunhong Green CTI) Total Inventories

: $7.79 Mil (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

Yunhong Green CTI's total inventories for the quarter that ended in Dec. 2023 was $7.79 Mil. Yunhong Green CTI's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $8.16 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Yunhong Green CTI's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yunhong Green CTI's Days Inventory for the three months ended in Dec. 2023 was 143.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yunhong Green CTI's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.63.

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. Yunhong Green CTI's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.21.

Yunhong Green CTI Total Inventories Historical Data

The historical data trend for Yunhong Green CTI'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.

Yunhong Green CTI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

13.54

7.27

7.88

8.33

7.79

Yunhong Green CTI Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories																8.33	7.94	7.64	8.53	7.79

Yunhong Green CTI 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.

Yunhong Green CTI (NAS:YHGJ) 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.

Yunhong Green CTI'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)
=	(0.921	+	0.75 * 3.975	+	0.5 * 7.791	-	13.515
-	0	-	0)	/	20.7719
=	-0.28

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

Yunhong Green CTI'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
	=	8.1595	/	5.174	*	365 / 4
	=	143.90

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

Yunhong Green CTI'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 )
	=	5.174	/	8.1595
	=	0.63

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.

Yunhong Green CTI'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 )
	=	8.1595	/	6.771
	=	1.21

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.

Yunhong Green CTI Total Inventories Related Terms

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

Yunhong Green CTI (Yunhong Green CTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Yunhong Green CTI Ltd (NAS:YHGJ) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

22160 North Pepper Road, Lake Barrington, IL, USA, 60010

Website

https://www.ctiindustries.com

Yunhong Green CTI Ltd manufacturers and marketers of custom film packaging products, novelty balloons, candy and balloon gift solutions. The company's products include 100% biodegradable and compostable resins, and include the following finished products: shopping bags, grocery bags, rolled clear bags for food, trash bags, large bin liners, garment bags, takeaway bags, mailing and shipping bags, and many other consumer and commercial products and applications.

Executives

Wan Zhang	director	WUHANOPTICSVALLEY BIOTECHACCELERATOR 3.1, 388 GAOXIN SECOND RD. DONGHU NEW DIST, WUHAN CITY, HUBEI PROVINCE F4 430040
Yaping Zhang	director	WUHANOPTICSVALLEY BIOTECHACCELERATOR 3.1, 388 GAOXIN SECOND RD, DONGHU NEW DIST, WUHAN CITY, HUBEI PROVINCE F4 430040
Yubao Li	director	4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Lf International Pte. Ltd.	10 percent owner	4 19/F, 126 ZHONG BEI, WUCHANG DISTRICT F4 430061
Art Gisonni	director	22160 NORTH PEPPER ROAD, LAKE BARRINGTON IL 60010
John H Schwan	director, 10 percent owner, officer: Chairman, CEO	22160 N PEPPER ROAD, BARRINGTON IL 60010
Samuel Komar	officer: Vice President Marketing	22160 N PEPPER ROAD, BARRINGTON IL 60010
Frank Cesario	officer: Chief Financial Officer	C/O ISCO INTERNATIONAL INC, 451 KIGSTON COURT, MT PROSPECT IL 60056
Jeffrey S Hyland	director, officer: President	22160 N. PEPPER ROAD, BARRINGTON IL 60010
Stephen M Merrick	director, 10 percent owner, officer: Secretary, Executive VP	401 S LASALLE STREET SUITE 1302, CHICAGO IL 60605
Stanley M Brown	director	747 GLENN AVE, WHEELING IL 60090
John M Klimek	director	136 CHESTERFIELD INDUSTRIAL BOULEVARD, CHESTERFIELD MO 63005
Howard C Eirinberg	director	22160 PEPPER ROAD, BARRINGTON IL 60010
Miguel Orlando Martinez	officer: Vice President Pouch Products	22160 N. PEPPER ROAD, BARRINGTON IL 60010
Rahul P Deshmukh	officer: Vice President of Operations	22160 N. PEPPER ROAD, BARRINGTON IL 60010