OGBLY (Onion Global) Total Inventories: $88.3 Mil (As of Jun. 2022)

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What is Onion Global Total Inventories?

Onion Global OGBLY Total Inventories is $88.3 Mil as of Jun. 2022.

Onion Global's total inventories for the quarter that ended in Jun. 2022 was $88.3 Mil. Onion Global's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Jun. 2022 was $93.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Onion Global's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was $0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Onion Global's Days Inventory for the six months ended in Jun. 2022 was 157.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Onion Global's Inventory Turnover for the quarter that ended in Jun. 2022 was 1.16.

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. Onion Global's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.73.


Onion Global  (OTCPK:OGBLY) 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.

Onion Global's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 is

Net-Net Working Capital Per Share (Q: Jun. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24.227+0.75 * 11.397+0.5 * 88.324-56.303
-0-1.833)/105.118
=0.18

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

Onion Global's Days Inventory for the six months ended in Jun. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2022 )/Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=93.225/108.118*365 / 2
=157.36

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

Onion Global's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2022 ) / Average Total Inventories (Q: Jun. 2022 )
=108.118 / 93.225
=1.16

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.

Onion Global's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=93.225 / 127.027
=0.73

* 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.


Onion Global Total Inventories Related Terms


Onion Global Total Inventories Historical Data

* Premium members only.

The historical data trend for Onion Global'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.

Onion Global Total Inventories Chart

Onion Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Total Inventories
38.06 66.82 67.69 98.13

Onion Global Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Total Inventories Get a 7-Day Free Trial 0.00 67.69 92.69 98.13 88.32

Onion Global 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $88.3 Mil mean?
Onion Global (OGBLY) has a Total Inventories of $88.3 Mil as of Jun. 2022. The total amount of inventory as recorded on a company's balance sheet. View historical data for Onion Global and its competitors.
Is Onion Global's Total Inventories too high?
Onion Global's current Total Inventories is $88.3 Mil.
How does Onion Global's Total Inventories compare to RAYT and XELA?
Onion Global's Total Inventories of $88.3 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Software company?
A good Total Inventories depends on the Software industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Onion Global and its competitors. Onion Global's current Total Inventories is $88.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onion Global stock overvalued right now?
Onion Global (OGBLY) has a current Total Inventories of $88.3 Mil. The current Total Inventories is $88.3 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Onion Global (OGBLY), the current Total Inventories is $88.3 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Onion Global Business Description

Address No. 309 3-05 Huangfu Avenue Zhong, Tianhe District, Guangdong Province, Guangzhou, CHN
Onion Global Ltd is a next-generation lifestyle brand platform. It incubates, markets and distributes the world's fresh, fashionable and future brands to young people in China and across Asia.