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AiXin Life International (AiXin Life International) Total Inventories : $0.44 Mil (As of Dec. 2023)


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What is AiXin Life International Total Inventories?

AiXin Life International's total inventories for the quarter that ended in Dec. 2023 was $0.44 Mil. AiXin Life International's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.54 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AiXin Life International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AiXin Life International's Days Inventory for the three months ended in Dec. 2023 was 54.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. AiXin Life International's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.66.

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. AiXin Life International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.68.


AiXin Life International Total Inventories Historical Data

The historical data trend for AiXin Life International'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.

AiXin Life International Total Inventories Chart

AiXin Life International Annual Data
Trend May14 May15 May16 May17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.23 0.50 0.44

AiXin Life International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.50 0.68 0.63 0.64 0.44

AiXin Life International 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.


AiXin Life International  (OTCPK:AIXN) 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.

AiXin Life International'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)
=(0.444+0.75 * 0.254+0.5 * 0.441-6.754
-0-0)/24.9998
=-0.24

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

AiXin Life International'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
=0.5425/0.901*365 / 4
=54.94

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

AiXin Life International'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 )
=0.901 / 0.5425
=1.66

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.

AiXin Life International'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 )
=0.5425 / 0.792
=0.68

* 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.


AiXin Life International Total Inventories Related Terms

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AiXin Life International (AiXin Life International) Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Qingyun South Avenue, 14th Floor, Hongxing International Business Building 2, Jinjiang District, Sichuan Province, Chengdu, CHN
AiXin Life International Inc manufactures, market and sell premium-quality healthcare, nutritional products and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods and drinks. The operating segments are Advertising and products, Pharmacies, Hotel, and Manufacture and sale It also provides advertising and marketing services to certain manufacturers and distributors of the products it sells.
Executives
Hsin-liang Christopher Lee director 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Guolu Li officer: Chief Financial Officer NO.69 QINGYUN SOUTH AVE., JINJIANG DIST., CHENGDU CITY F4 XXXXX
Yao-te Wang director 704 NO.9 LANE 14, SHIJIAN STREET, TAINAN CITY F5 XXXXX
Quanzhong Lin director, 10 percent owner, officer: President and CEO 9 AN RONG LU JINGNIU, BLDG 4 UNIT 163, CHENGDU F4 XXXXX
Algodon Wines & Luxury Development Group, Inc. 10 percent owner 112 NE 41ST STREET, SUITE 106, MIAMI FL 33137
Maria I. Echevarria officer: CFO 135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Scott L Mathis director, officer: CEO and President 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Lawrence Peter J.l. director FLAT 6, STAVORDALE LODGE, 10-12 MELBURY ROAD, LONDON X0 W14 8LW
Diversified Private Equity Corp 10 percent owner 135 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Ronald S Robbins officer: Exec. VP and COO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Tim F Holderbaum officer: Exec. VP and CFO 135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Julian Beale director 14 MARTIN COURT, UNIT #5, TOORAK, VICTORIA C3 3142
Thomas A Higgins director, 10 percent owner 1005 COBBLESTONE DR., HIGHLANDS RANCH CO 80126
Allan Bergenfield director, 10 percent owner
Robert Marsik director, 10 percent owner, officer: President

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