ALBHF (Alibaba Health Information Technology) Total Inventories : $194 Mil (As of Mar. 2024)

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What is Alibaba Health Information Technology Total Inventories?

Alibaba Health Information Technology's total inventories for the quarter that ended in Mar. 2024 was $194 Mil. Alibaba Health Information Technology's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was $216 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Alibaba Health Information Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alibaba Health Information Technology's Days Inventory for the six months ended in Mar. 2024 was 25.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alibaba Health Information Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.12.

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. Alibaba Health Information Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

Alibaba Health Information Technology Total Inventories Historical Data

The historical data trend for Alibaba Health 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.

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Alibaba Health Information Technology Total Inventories Chart

Alibaba Health Information Technology Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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173.39

225.56

244.33

305.09

194.37

Alibaba Health Information Technology Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Inventories	Get a 7-Day Free Trial															229.19	305.09	236.65	194.37	-

Alibaba Health 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.

Alibaba Health Information Technology (OTCPK:ALBHF) 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.

Alibaba Health Information Technology's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1326.544	+	0.75 * 108.601	+	0.5 * 194.368	-	720.368
-	0	-	-3.695)	/	16091.7
=	0.05

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

Alibaba Health Information Technology's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	215.508	/	1533.556	*	365 / 2
	=	25.65

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

Alibaba Health Information Technology's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	1533.556	/	215.508
	=	7.12

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.

Alibaba Health Information Technology's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	215.508	/	1953.837
	=	0.11

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.

Alibaba Health Information Technology Total Inventories Related Terms

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Alibaba Health Information Technology Business Description

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Traded in Other Exchanges

ALBBY:USA 00241:Hong Kong TWY:Germany

Address

Guanghua Road, 65th Floor, CITIC Tower, Building 1, No.10 Courtyard, Jianwai Subdistrict, Chaoyang District, Beijing, CHN

Website

https://www.alihealth.cn

Alibaba Health is of one of China's leading e-commerce platform specializing in healthcare-related products, including prescription drugs, OTC drugs, traditional Chinese medicine, health foods, and so on. The company operates both a third-party B2C service, or 3P, and its own direct-to-consumer business, or 1P, with its own inventory, which can both be accessed by Alibaba's Tmall app and Alipay. The company also provides online consultation services in a separate app called Yilu or "Dr. Deer", although its e-commerce businesses remain its core competency in the long-term. E-commerce accounted for 97% of revenue in fiscal year 2022. We estimate that AliHealth holds about 45% of market share in the industry in terms of GMV. AliHealth is 63.74% owned by its parent company, Alibaba Group.