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WasteCo Group (NZSE:WCO) Total Inventories : NZ$0.10 Mil (As of Sep. 2024)


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What is WasteCo Group Total Inventories?

WasteCo Group's total inventories for the quarter that ended in Sep. 2024 was NZ$0.10 Mil. WasteCo Group's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was NZ$0.19 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. WasteCo Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was NZ$-0.05.

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. WasteCo Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.00.

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. WasteCo Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.01.


WasteCo Group Total Inventories Historical Data

The historical data trend for WasteCo Group'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.

WasteCo Group Total Inventories Chart

WasteCo Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.23 0.27

WasteCo Group Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 0.23 0.23 0.27 0.10

WasteCo Group 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.


WasteCo Group  (NZSE:WCO) 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.

WasteCo Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.368+0.75 * 6.005+0.5 * 0.104-50.56
-0-0)/848.373
=-0.05

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

WasteCo Group's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0.1885/0*365 / 2
=

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

WasteCo Group's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=0 / 0.1885
=0.00

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.

WasteCo Group's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.1885 / 25.029
=0.01

* 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.


WasteCo Group Total Inventories Related Terms

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WasteCo Group Business Description

Traded in Other Exchanges
N/A
Address
421 Blenheim Road, Upper Riccarton, Christchurch, NZL, 8041
WasteCo Group Ltd provides solutions in the collection of waste and recycling, sweeping services, and industrial cleaning services and is also committed to providing solutions for all liquid and solid waste removal, treatment, and disposal. The group derives revenue from Waste collection, recycling, and disposal services, Sweeping services, and Industrial cleaning services.

WasteCo Group Headlines

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