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Advance ZincTek (ASX:ANO) Total Inventories : A$12.18 Mil (As of Dec. 2024)


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What is Advance ZincTek Total Inventories?

Advance ZincTek's total inventories for the quarter that ended in Dec. 2024 was A$12.18 Mil. Advance ZincTek's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was A$12.46 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Advance ZincTek's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advance ZincTek's Days Inventory for the six months ended in Dec. 2024 was 945.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Advance ZincTek's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.19.

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. Advance ZincTek's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.18.


Advance ZincTek Total Inventories Historical Data

The historical data trend for Advance ZincTek'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.

Advance ZincTek Total Inventories Chart

Advance ZincTek Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.45 12.15 10.89 13.07 12.73

Advance ZincTek Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 11.80 13.07 14.08 12.73 12.18

Advance ZincTek 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.


Advance ZincTek  (ASX:ANO) 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.

Advance ZincTek's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 3.62+0.5 * 12.183-3.616
-0-0)/62.470
=0.08

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

Advance ZincTek's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=12.4585/2.406*365 / 2
=945.00

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

Advance ZincTek's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=2.406 / 12.4585
=0.19

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.

Advance ZincTek's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=12.4585 / 5.718
=2.18

* 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.


Advance ZincTek Total Inventories Related Terms

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Advance ZincTek Business Description

Traded in Other Exchanges
Address
1821, Ipswich Road, Rocklea, Brisbane, QLD, AUS, 4106
Advance ZincTek Ltd is engaged in the manufacture of aluminium oxide powder (Alusion), zinc oxide dispersions, and zinc oxide powder (collectively ZinClear) for the Personal Care Sector. The company operates in a single segment which is the Personal Care segment which produces and distributes dispersions of mineral-only UV filters in cosmetic emollients used for sunscreen, skincare and pharmaceutical formulations, as well as alumina plate-like powders used for cosmetic applications. Geographically, the company derives maximum revenue from Europe and the rest from United States of America and Canada, Australia, and the Rest of the world.

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