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Asiainfo-Linkage, (FRA:AFB) Total Inventories : €18.2 Mil (As of Sep. 2013)


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What is Asiainfo-Linkage, Total Inventories?

Asiainfo-Linkage,'s total inventories for the quarter that ended in Sep. 2013 was €18.2 Mil. Asiainfo-Linkage,'s average total inventories from the quarter that ended in Jun. 2013 to the quarter that ended in Sep. 2013 was €21.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Asiainfo-Linkage,'s Net-Net Working Capital per share for the quarter that ended in Sep. 2013 was €3.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asiainfo-Linkage,'s Days Inventory for the three months ended in Sep. 2013 was 30.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asiainfo-Linkage,'s Inventory Turnover for the quarter that ended in Sep. 2013 was 3.01.

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. Asiainfo-Linkage,'s Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 0.20.


Asiainfo-Linkage, Total Inventories Historical Data

The historical data trend for Asiainfo-Linkage,'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.

Asiainfo-Linkage, Total Inventories Chart

Asiainfo-Linkage, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 6.54 7.49 11.64 18.37

Asiainfo-Linkage, Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 17.76 18.37 37.19 23.95 18.16

Asiainfo-Linkage, 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.


Asiainfo-Linkage,  (FRA:AFB) 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.

Asiainfo-Linkage,'s Net-Net Working Capital Per Share for the quarter that ended in Sep. 2013 is

Net-Net Working Capital Per Share (Q: Sep. 2013 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(240.244+0.75 * 242.514+0.5 * 18.155-191.053
-0-0.101)/73.0187
=3.29

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

Asiainfo-Linkage,'s Days Inventory for the three months ended in Sep. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2013 )/Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=21.054/63.477*365 / 4
=30.27

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

Asiainfo-Linkage,'s Inventory Turnover for the quarter that ended in Sep. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2013 ) / Average Total Inventories (Q: Sep. 2013 )
=63.477 / 21.054
=3.01

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.

Asiainfo-Linkage,'s Inventory to Revenue for the quarter that ended in Sep. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2013 ) / Revenue (Q: Sep. 2013 )
=21.054 / 107.106
=0.20

* 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.


Asiainfo-Linkage, Total Inventories Related Terms

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Asiainfo-Linkage, (FRA:AFB) Business Description

Traded in Other Exchanges
N/A
Address
Asiainfo-Linkage, Inc, a Delaware corporation, commenced operations in the United States in 1993. The Company is a provider of telecommunications software solutions and information technology, or IT, related services in China. It also provides variety of services including business operational consulting service, IT architecture planning service, system integration services based on its own products and other third party software and hardware, change of request implementation, maintenance on customer premise and management services. The Company's suite of innovative solutions includes business and operation support systems, network infrastructure solutions, and service application solutions. The products and services it offers to the telecommunications industry include various software product suites, most of which are designed with open architecture to facilitate further development and customization for specific purposes. The Company's core BSS/OSS offering primarily includes convergent billing solutions, CRM and BI systems. It also provides software enhancement and maintenance services for the systems it develop, as well as system integration and other value-added IT consulting and planning services. Its OSS Package is a highly comprehensive and intelligent service fulfilment framework based on OSS fulfilment domain definition in eTOM model and OSS specifications of telecom operators. In OSS Package, process analysis methodology and project implementation methodology enables a rapid implementation of telecom service fulfilment system. It provides process analysis methodology, project implementation methodology, inventory data model, interface integration framework and built-in inventory management templates. Its network management solutions include network access and backbone infrastructure planning, design and implementation for telecommunications and Internet service providers. These services include technical training for its customers, as well as professional maintenance and support services. The Company designs and provides a series of service applications that enable telecommunications operators and service providers to offer value-added services, such as Short Message Service, or SMS, mobile email, mobile entertainment and mobile e-commerce. These applications often involve licensed third-party software that it's customizes or integrate with its proprietary software to provide individualized solutions. The Company's software and services enable its customers to build, maintain, operate, manage and improve their communications infrastructure. Its largest customers are the major telecommunications carriers in China and their provincial subsidiaries, including China Mobile Communications Corporation, or China Mobile, China United Telecommunications Corporation, or China Unicom, and China Telecommunications Corporation, or China Telecom. The Company relies on its own sales force to market and sell its products and services