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Initio (Initio) Total Inventories : $0.00 Mil (As of Jan. 2003)


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What is Initio Total Inventories?

Initio's total inventories for the quarter that ended in Jan. 2003 was $0.00 Mil. Initio's average total inventories from the quarter that ended in Oct. 2002 to the quarter that ended in Jan. 2003 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Initio's Net-Net Working Capital per share for the quarter that ended in Jan. 2003 was $0.06.

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

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

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. Initio's Inventory-to-Revenue for the quarter that ended in Jan. 2003 was 0.00.


Initio Total Inventories Historical Data

The historical data trend for Initio'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.

Initio Total Inventories Chart

Initio Annual Data
Trend Apr94 Apr95 Apr96 Apr97 Apr98 Apr99 Apr00 Apr01
Total Inventories
Get a 7-Day Free Trial 3.20 - - - -

Initio Quarterly Data
Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03
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 - - - - -

Initio 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.


Initio  (OTCPK:INTO) 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.

Initio's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2003 is

Net-Net Working Capital Per Share (Q: Jan. 2003 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.022+0.75 * 0+0.5 * 0-0.717
-0-0)/5.35672
=0.06

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

Initio's Days Inventory for the three months ended in Jan. 2003 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2003 )/Cost of Goods Sold (Q: Jan. 2003 )*Days in Period
=0/0*365 / 4
=

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

Initio's Inventory Turnover for the quarter that ended in Jan. 2003 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2003 ) / Average Total Inventories (Q: Jan. 2003 )
=0 / 0
=N/A

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.

Initio's Inventory to Revenue for the quarter that ended in Jan. 2003 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2003 ) / Revenue (Q: Jan. 2003 )
=0 / 0.068
=0.00

* 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.


Initio Total Inventories Related Terms

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Initio (Initio) Business Description

Traded in Other Exchanges
N/A
Address
350 West Passaic Street, Suite No. 2, Rochelle Park, NJ, USA, 07662
Initio Inc provides business and financial consulting. It is also engaged in investing and trading shares of publicly owned securities.

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