Innovita Biological Technology Co (SHSE:688253) Total Inventories : ¥45.4 Mil (As of Sep. 2024)

Innovita Biological Technology Co Total Inventories Chart

Innovita Biological Technology Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial														42.00	61.51	67.14	43.95	45.40

Innovita Biological Technology 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.

Innovita Biological Technology Co  (SHSE:688253) 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.

Innovita Biological Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

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

Innovita Biological Technology Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

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

Innovita Biological Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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.

Innovita Biological Technology Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

* 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.

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Innovita Biological Technology Co Business Description