RAJAF (Cordyceps Sunshine Biotech Holdings Co) Total Inventories : $0.20 Mil (As of Dec. 2023)

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What is Cordyceps Sunshine Biotech Holdings Co Total Inventories?

Cordyceps Sunshine Biotech Holdings Co's total inventories for the quarter that ended in Dec. 2023 was $0.20 Mil. Cordyceps Sunshine Biotech Holdings Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cordyceps Sunshine Biotech Holdings Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cordyceps Sunshine Biotech Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 292.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cordyceps Sunshine Biotech Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.31.

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. Cordyceps Sunshine Biotech Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.

Cordyceps Sunshine Biotech Holdings Co Total Inventories Historical Data

The historical data trend for Cordyceps Sunshine Biotech Holdings Co'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.

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Cordyceps Sunshine Biotech Holdings Co Total Inventories Chart

Cordyceps Sunshine Biotech Holdings Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

0.69

0.48

0.20

Cordyceps Sunshine Biotech Holdings Co Quarterly Data
	Dec20	Dec21	Dec22	Sep23	Dec23
Total Inventories	0.69	0.48	-	-	0.20

Cordyceps Sunshine Biotech Holdings Co 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.

Cordyceps Sunshine Biotech Holdings Co (OTCPK:RAJAF) 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.

Cordyceps Sunshine Biotech Holdings Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.015	+	0.75 * 0	+	0.5 * 0.195	-	3.501
-	0	-	0)	/	111.120
=	-0.03

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

Cordyceps Sunshine Biotech Holdings Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.0995	/	0.031	*	365 / 4
	=	292.88

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

Cordyceps Sunshine Biotech Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	0.031	/	0.0995
	=	0.31

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.

Cordyceps Sunshine Biotech Holdings Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.0995	/	0.316
	=	0.31

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.

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Cordyceps Sunshine Biotech Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cordyceps Sunshine Biotech Holdings Co Ltd (OTCPK:RAJAF) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

Lane 548, Ruiguang Road, 6th Floor, No. 15, Neihu District, Taipei City, TWN

Website

http://www.cordyceps-sunshine.com

Cordyceps Sunshine Biotech Holdings Co Ltd engages in cultivating Chinese rare medicinal herbs, Cattle camphor mushroom raw materials, and selling its finished products. The company has one business segment: cultivating and sales of Chinese rare medicinal herb, taiwanofungus raw material, and its finished products. The company generates revenue from product sales, training, and related parties.

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