Control Bionics (ASX:CBL) Total Inventories : A$0.57 Mil (As of Dec. 2024)

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What is Control Bionics Total Inventories?

Control Bionics's total inventories for the quarter that ended in Dec. 2024 was A$0.57 Mil. Control Bionics's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was A$0.49 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Control Bionics's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Control Bionics's Days Inventory for the six months ended in Dec. 2024 was 83.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Control Bionics's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.18.

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. Control Bionics's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.18.

Control Bionics Total Inventories Historical Data

The historical data trend for Control Bionics'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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Control Bionics Total Inventories Chart

Control Bionics Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Total Inventories

0.18

0.27

0.92

0.80

0.40

Control Bionics Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	Get a 7-Day Free Trial				1.01	0.80	0.52	0.40	0.57

Control Bionics 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.

Control Bionics (ASX:CBL) 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.

Control Bionics'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)
=	(0.972	+	0.75 * 1.709	+	0.5 * 0.574	-	2.381
-	0	-	0)	/	231.813
=	0.00

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

Control Bionics'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
	=	0.489	/	1.064	*	365 / 2
	=	83.87

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

Control Bionics'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 )
	=	1.064	/	0.489
	=	2.18

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.

Control Bionics'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 )
	=	0.489	/	2.778
	=	0.18

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.

Control Bionics Total Inventories Related Terms

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Control Bionics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Control Bionics Ltd (ASX:CBL) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-13 Pearson Street, Level 4, Cremorne, VIC, AUS, 3121

Website

https://www.controlbionics.com

Control Bionics Ltd is engaged in the healthcare device business. It is involved in developing, commercializing, and selling assistive communications technology systems within the disability sector. Its core systems include NeuroNode Trilogy and NeuroNode3. These systems allow people with speech and movement difficulties to control a computer for speech generation, electronic communications, entertainment, and external control of other devices. Geographically it derives a majority of revenue from North America and has its presence in Australia as well.