ABMT (Advanced BioMedical Technologies) Total Inventories: $0.19 Mil (As of Jul. 2021)


What is Advanced BioMedical Technologies Total Inventories?

Advanced BioMedical Technologies ABMT Total Inventories is $0.19 Mil as of Jul. 2021.

Advanced BioMedical Technologies's total inventories for the quarter that ended in Jul. 2021 was $0.19 Mil. Advanced BioMedical Technologies's average total inventories from the quarter that ended in Apr. 2021 to the quarter that ended in Jul. 2021 was $0.17 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Advanced BioMedical Technologies's Net-Net Working Capital per share for the quarter that ended in Jul. 2021 was $-0.12.

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. Advanced BioMedical Technologies's Inventory Turnover for the quarter that ended in Jul. 2021 was 0.00.

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 BioMedical Technologies  (OTCPK:ABMT) 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 BioMedical Technologies's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2021 is

Net-Net Working Capital Per Share (Q: Jul. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.007+0.75 * 0+0.5 * 0.189-8.579
-0-0)/70.225
=-0.12

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

Advanced BioMedical Technologies's Days Inventory for the three months ended in Jul. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2021 )/Cost of Goods Sold (Q: Jul. 2021 )*Days in Period
=0.174/0*365 / 4
=

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

Advanced BioMedical Technologies's Inventory Turnover for the quarter that ended in Jul. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2021 ) / Average Total Inventories (Q: Jul. 2021 )
=0 / 0.174
=0.00

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 BioMedical Technologies's Inventory to Revenue for the quarter that ended in Jul. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2021 ) / Revenue (Q: Jul. 2021 )
=0.174 / 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.

Advanced BioMedical Technologies Total Inventories Related Terms

Advanced BioMedical Technologies Total Inventories Historical Data

* Premium members only.

The historical data trend for Advanced BioMedical 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.

Advanced BioMedical Technologies Total Inventories Chart

Advanced BioMedical Technologies Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.06 0.10

Advanced BioMedical Technologies Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
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 0.08 0.10 0.12 0.16 0.19

Advanced BioMedical 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.19 Mil mean?
Advanced BioMedical Technologies (ABMT) has a Total Inventories of $0.19 Mil as of Jul. 2021. The total amount of inventory as recorded on a company's balance sheet. View historical data for Advanced BioMedical Technologies and its competitors.
Is Advanced BioMedical Technologies' Total Inventories too high?
Advanced BioMedical Technologies' current Total Inventories is $0.19 Mil.
How does Advanced BioMedical Technologies' Total Inventories compare to VYCO and ADMT?
Advanced BioMedical Technologies' Total Inventories of $0.19 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Medical Devices & Instruments company?
A good Total Inventories depends on the Medical Devices & Instruments industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Advanced BioMedical Technologies and its competitors. Advanced BioMedical Technologies's current Total Inventories is $0.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced BioMedical Technologies stock overvalued right now?
Advanced BioMedical Technologies (ABMT) has a current Total Inventories of $0.19 Mil. The current Total Inventories is $0.19 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Advanced BioMedical Technologies (ABMT), the current Total Inventories is $0.19 Mil as of Jul. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Advanced BioMedical Technologies Business Description

Address 535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017
Advanced BioMedical Technologies Inc is engaged in designing, developing, manufacturing, and the planned future marketing of self-reinforced, re-absorbable, biodegradable internal fixation devices. The company manufactures its products using Polyamide, and it is used in a variety of applications, which include orthopaedic trauma, sports-related medical treatment, cartilage injuries, and reconstructive dental procedures. Its Polyamide products include screws, rods, and binding wires consisting of enhanced fibres and high molecular polymers, which are designed to facilitate quick healing of complex fractures in many areas of the human skeletal system.