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Creative Technology (Creative Technology) Total Inventories : $16.96 Mil (As of Dec. 2023)


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What is Creative Technology Total Inventories?

Creative Technology's total inventories for the quarter that ended in Dec. 2023 was $16.96 Mil. Creative Technology's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $17.70 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Creative Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Creative Technology's Days Inventory for the six months ended in Dec. 2023 was 145.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Creative Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.25.

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. Creative Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.56.


Creative Technology Total Inventories Historical Data

The historical data trend for Creative 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.

* Premium members only.

Creative Technology Total Inventories Chart

Creative Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.28 12.33 17.03 20.75 18.43

Creative Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 17.93 20.75 16.70 18.43 16.96

Creative 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.


Creative Technology  (OTCPK:CREAF) 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.

Creative Technology'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)
=(52.05+0.75 * 3.794+0.5 * 16.959-29.649
-0-0.4)/70.3967
=0.47

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

Creative Technology'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
=17.696/22.177*365 / 2
=145.62

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

Creative Technology'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 )
=22.177 / 17.696
=1.25

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.

Creative Technology'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 )
=17.696 / 31.793
=0.56

* 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.


Creative Technology Total Inventories Related Terms

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Creative Technology (Creative Technology) Business Description

Traded in Other Exchanges
Address
31 International Business Park, No. 03-01 Creative Labs Pte Ltd, Singapore, SGP, 609921
Creative Technology Ltd operates as a digital entertainment company. The business activity of the company includes designing, manufacturing, and distribution of digitized sound and video boards, computers and related multimedia, and personal digital entertainment products. It offers products such as Amplifiers, sound cards, sound blasters, gaming headsets, speakers, peripherals and other accessories. Geographically, the firm has its business presence across the region of Singapore, United States of America, Asia Pacific, and Europe of which Asia Pacific region accounts for the majority of revenue.

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