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Trajan Group Holdings (ASX:TRJ) Total Inventories : A$27.8 Mil (As of Dec. 2023)


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What is Trajan Group Holdings Total Inventories?

Trajan Group Holdings's total inventories for the quarter that ended in Dec. 2023 was A$27.8 Mil. Trajan Group Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was A$29.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Trajan Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trajan Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 114.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trajan Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.59.

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. Trajan Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.39.


Trajan Group Holdings Total Inventories Historical Data

The historical data trend for Trajan Group Holdings'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.

Trajan Group Holdings Total Inventories Chart

Trajan Group Holdings Annual Data
Trend Jun21 Jun22 Jun23
Total Inventories
13.57 28.27 31.93

Trajan Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 22.37 28.27 29.64 31.93 27.83

Trajan Group Holdings 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.


Trajan Group Holdings  (ASX:TRJ) 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.

Trajan Group Holdings'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)
=(11.519+0.75 * 19.628+0.5 * 27.831-92.701
-0-0)/152.216
=-0.35

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

Trajan Group Holdings's Days Inventory for the six 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
=29.8825/47.602*365 / 2
=114.57

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

Trajan Group Holdings'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 )
=47.602 / 29.8825
=1.59

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.

Trajan Group Holdings'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 )
=29.8825 / 76.41
=0.39

* 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.


Trajan Group Holdings Total Inventories Related Terms

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Trajan Group Holdings (ASX:TRJ) Business Description

Traded in Other Exchanges
N/A
Address
7 Argent Place, Ringwood, VIC, AUS, 3134
Trajan Group Holdings Ltd operates in the analytical science industry. The group operates in two segments namely, Analytical Products which design, manufacture, distribute, and sale of Analytical components and consumables, and Life Science Solutions which design, manufacture, distribute, and sale of pathology, automation workflow solutions, microsampling devices, testing, and data analysis. The majority of its revenue is derived from developing and manufacturing a range of precision consumable components and solutions. It operates predominantly in Malaysia, Japan, Australia, New Zealand, the USA, Europe, the Middle East, India and African countries.

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