Nanjing Medlander Medical Technology Co (SHSE:688273) Total Inventories : ¥50.1 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Nanjing Medlander Medical Technology Co Total Inventories?

Nanjing Medlander Medical Technology Co's total inventories for the quarter that ended in Mar. 2024 was ¥50.1 Mil. Nanjing Medlander Medical Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥52.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nanjing Medlander Medical Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥8.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanjing Medlander Medical Technology Co's Days Inventory for the three months ended in Mar. 2024 was 177.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nanjing Medlander Medical Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.51.

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. Nanjing Medlander Medical Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.

Nanjing Medlander Medical Technology Co Total Inventories Historical Data

The historical data trend for Nanjing Medlander Medical Technology 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.

* Premium members only.

Nanjing Medlander Medical Technology Co Total Inventories Chart

Nanjing Medlander Medical Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

25.65

21.23

38.49

68.59

55.02

Nanjing Medlander Medical Technology Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial												45.19	50.60	49.66	55.02	50.15

Nanjing Medlander Medical 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.

Nanjing Medlander Medical Technology Co (SHSE:688273) 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.

Nanjing Medlander Medical Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1024.784	+	0.75 * 18.478	+	0.5 * 50.146	-	148.42
-	0	-	35.596)	/	100.62
=	8.74

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

Nanjing Medlander Medical Technology Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	52.581	/	27.071	*	365 / 4
	=	177.24

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

Nanjing Medlander Medical Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	27.071	/	52.581
	=	0.51

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.

Nanjing Medlander Medical Technology Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	52.581	/	104.337
	=	0.50

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.

Nanjing Medlander Medical Technology Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Nanjing Medlander Medical Technology Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Nanjing Medlander Medical Technology Co (SHSE:688273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nanjing Medlander Medical Technology Co Ltd (SHSE:688273) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Gande Road, 2nd Floor, Building 5, Jiangning High-tech Park, Jiangning District, Jiangsu Province, Nanjing City, CHN, 211100

Website

http://www.medlander.com

Nanjing Medlander Medical Technology Co Ltd is engaged in the research and development, production, sales and service of related products in the field of pelvic floor and postpartum rehabilitation.

Executives

Zhu Bi Sheng	senior management
Chen Jiang Ning	senior management
Yang Rui Jia	Directors, senior managers, core technical personn
Shi Zhi Huai	Directors, senior managers, core technical personn
Chen Bin	Directors, senior managers
Tu Hong Lin	Directors, senior managers
Wang Wang	senior management

Nanjing Medlander Medical Technology Co (SHSE:688273) Headlines

No Headlines