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Movella Holdings (Movella Holdings) Total Inventories : $6.35 Mil (As of Jun. 2023)


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What is Movella Holdings Total Inventories?

Movella Holdings's total inventories for the quarter that ended in Jun. 2023 was $6.35 Mil. Movella Holdings's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was $6.46 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Movella Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Movella Holdings's Days Inventory for the three months ended in Jun. 2023 was 150.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Movella Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.61.

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. Movella Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.77.


Movella Holdings Total Inventories Historical Data

The historical data trend for Movella 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.

Movella Holdings Total Inventories Chart

Movella Holdings Annual Data
Trend Dec20 Dec21 Dec22
Total Inventories
2.35 4.54 5.16

Movella Holdings Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Total Inventories Get a 7-Day Free Trial - 6.55 5.16 6.57 6.35

Movella 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.


Movella Holdings  (OTCPK:MVLA) 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.

Movella Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(51.008+0.75 * 5.517+0.5 * 6.348-68.066
-0-1.136)/50.9074
=-0.21

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

Movella Holdings's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=6.459/3.915*365 / 4
=150.55

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

Movella Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=3.915 / 6.459
=0.61

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.

Movella Holdings's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=6.459 / 8.359
=0.77

* 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.


Movella Holdings Total Inventories Related Terms

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Movella Holdings (Movella Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Movella Holdings Inc is a full-stack provider of sensors, software, and analytics that enable the digitization of movement. It serves the entertainment, health & sports, and automation & mobility markets.
Executives
Ben A Lee director, officer: See Remarks 3408 GARRETT DRIVE, SANTA CLARA CA 95054
Stephen M Smith officer: Chief Financial Officer
Boele De Bie officer: Chief Operating Officer C/O MOVELLA INC., 2570 NORTH FIRST STREET, SUITE 300, SAN JOSE CA 95131
Industry Ventures Tech Buyout, Lp 10 percent owner 30 HOTALING PLACE, 3RD FLOOR, SAN FRANCISCO CA 94111
Fp Credit Partners Phoenix Ii, L.p. 10 percent owner ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Gp Ii, L.p. 10 percent owner ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Ii, L.p. 10 percent owner ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Fp Credit Partners Gp Ii Management, Llc 10 percent owner ONE LETTERMAN DR, BUILDING C - STE 410, SAN FRANCISCO CA 94129
Iv Tech Buyout Gp, Llc 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Arrowhead Holdings, Llc / New 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Hggc Pathfinder Holdings I, Llc 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Pathfinder Acquisition Llc 10 percent owner 1950 UNIVERSITY AVENUE, PALO ALTO CA 94303
Chung David H S director 10900 NE 8TH STREET, SUITE 800, BELLEVUE WA 98004
Eric Salzman director C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Wen Hsuan Hsieh director C/O DESKTOP METAL, INC., 63 THIRD AVENUE, BURLINGTON MA 01803