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ISPR (Ispire Technology) Total Inventories : $7.9 Mil (As of Dec. 2024)


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What is Ispire Technology Total Inventories?

Ispire Technology's total inventories for the quarter that ended in Dec. 2024 was $7.9 Mil. Ispire Technology's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $7.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ispire Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ispire Technology's Days Inventory for the three months ended in Dec. 2024 was 19.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ispire Technology's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.58.

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


Ispire Technology Total Inventories Historical Data

The historical data trend for Ispire 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.

Ispire Technology Total Inventories Chart

Ispire Technology Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Total Inventories
3.06 14.58 7.47 6.37

Ispire Technology Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 7.55 9.81 6.37 6.99 7.90

Ispire 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.


Ispire Technology  (NAS:ISPR) 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.

Ispire Technology'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)
=(34.373+0.75 * 67.7+0.5 * 7.9-107.808
-0-0)/56.678
=-0.33

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

Ispire Technology's Days Inventory for the three 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
=7.446/34.105*365 / 4
=19.92

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

Ispire Technology'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 )
=34.105 / 7.446
=4.58

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.

Ispire Technology'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 )
=7.446 / 41.828
=0.18

* 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.


Ispire Technology Total Inventories Related Terms

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Ispire Technology Business Description

Traded in Other Exchanges
N/A
Address
19700 Magellan Drive, Los Angeles, CA, USA, 90502
Ispire Technology Inc is engaged in the research and development, design, commercialization, sales, marketing, and distribution of branded e-cigarettes and cannabis vaping products. The company sells its cannabis vaping in the United States, Europe, Canada, and South Africa.
Executives
Daniel J. Machock officer: Chief Financial Officer 19700 MAGELLAN DRIVE, LOS ANGELESC CA 90502
Christopher Robert Burch director 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Jeffrey Doiron officer: Chief Revenue Officer 3606 W MAGNOLIA BLVD, BURBANK CA 91505
John Fargis director 2000 S BAYSHORE DR, UNIT 20, MIAMI FL 33133
Joel Paritz director 204 MAIN STREET, FORT LEE NJ 07024
Lauren Stower officer: Chief Impact Officer 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Brent Cox director 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Ted Rouhani officer: Chief Operating Officer 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Michael Xue Wang officer: CHIEF FINANCIAL OFFICER 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Tuanfang Liu director, 10 percent owner, officer: CEO and Chairman 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Jiangyan Zhu director 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Pride Worldwide Investment Ltd 10 percent owner 14 JIANAN ROAD, TANGWEI FUYONG TOWN GUANGDONG PROVINCE, SHENZHEN F4 000000