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ORIS (Oriental Rise Holdings) Total Inventories : $2.82 Mil (As of Jun. 2024)


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What is Oriental Rise Holdings Total Inventories?

Oriental Rise Holdings's total inventories for the quarter that ended in Jun. 2024 was $2.82 Mil. Oriental Rise Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $2.42 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Oriental Rise Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $1.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oriental Rise Holdings's Days Inventory for the six months ended in Jun. 2024 was 87.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oriental Rise Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.08.

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. Oriental Rise Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.31.

Oriental Rise Holdings Total Inventories Historical Data

The historical data trend for Oriental Rise 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.

Oriental Rise Holdings Total Inventories Chart

Oriental Rise Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
1.86 2.09 1.95 2.01

Oriental Rise Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Inventories Get a 7-Day Free Trial 2.67 1.95 2.12 2.01 2.82

Oriental Rise 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.

Oriental Rise Holdings  (NAS:ORIS) 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.

Oriental Rise Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(37.867+0.75 * 0.877+0.5 * 2.818-4.867
-0-0)/21.750
=1.61

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

Oriental Rise Holdings's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=2.416/5.03*365 / 2
=87.66

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

Oriental Rise Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=5.03 / 2.416
=2.08

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.

Oriental Rise Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=2.416 / 7.695
=0.31

* 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.

Oriental Rise Holdings Total Inventories Related Terms

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Oriental Rise Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Oriental Rise Holdings Ltd (NAS:ORIS) » Definitions » Total Inventories
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Traded in Other Exchanges
N/A
Address
No. 48 Xianyu Road, Shuangcheng Town, Zherong County, Fujian Province, Ningde, CHN
Website
Oriental Rise Holdings Ltd is a company who is an integrated supplier of tea products in Mainland China. Their major tea products include primarily-processed tea consisting of white tea and black tea, and refined white tea and black tea. Its business operations are vertically integrated, covering cultivation, processing of tea leaves and the sale of tea products to tea business operators (such as wholesale distributors) and end-user retail customers in Mainland China.