SNI (Shenni Holdings) Total Inventories: $0.98 Mil (As of Sep. 2024)

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What is Shenni Holdings Total Inventories?

Shenni Holdings SNI Total Inventories is $0.98 Mil as of Sep. 2024.

Shenni Holdings's total inventories for the quarter that ended in Sep. 2024 was $0.98 Mil. Shenni Holdings's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was $0.83 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shenni Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenni Holdings's Days Inventory for the six months ended in Sep. 2024 was 28.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenni Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 6.52.

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. Shenni Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.07.


Shenni Holdings  (NAS:SNI) 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.

Shenni Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.985+0.75 * 6.31+0.5 * 0.976-6.948
-0-0)/33.000
=-0.02

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

Shenni Holdings's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0.8325/5.426*365 / 2
=28.00

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

Shenni Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=5.426 / 0.8325
=6.52

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.

Shenni Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.8325 / 11.176
=0.07

* 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.


Shenni Holdings Total Inventories Related Terms


Shenni Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Shenni 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.

Shenni Holdings Total Inventories Chart

Shenni Holdings Annual Data
Trend Mar23 Mar24
Total Inventories
0.20 0.69

Shenni Holdings Semi-Annual Data
Mar23 Sep23 Mar24 Sep24
Total Inventories 0.20 0.00 0.69 0.98

Shenni 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.98 Mil mean?
Shenni Holdings (SNI) has a Total Inventories of $0.98 Mil as of Sep. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Shenni Holdings and its competitors.
Is Shenni Holdings' Total Inventories too high?
Shenni Holdings' current Total Inventories is $0.98 Mil.
How does Shenni Holdings' Total Inventories compare to ?
Shenni Holdings' Total Inventories of $0.98 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Total Inventories depends on the Medical Devices & Instruments 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 Shenni Holdings and its competitors. Shenni Holdings's current Total Inventories is $0.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenni Holdings stock overvalued right now?
Shenni Holdings (SNI) has a current Total Inventories of $0.98 Mil. The current Total Inventories is $0.98 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 Shenni Holdings (SNI), the current Total Inventories is $0.98 Mil as of Sep. 2024. 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.

Shenni Holdings Business Description

Comparable Companies
Address Biopharmaceutical Industry Park, South Bridge Yongfeng County, Jiangxi Province, Jian, CHN, 331500
Shenni Holdings Ltd is a holding company. Through its operating subsidiaries in China, it is engaged in the business of the manufacture and distribution of urology medical devices and care products as well as the distribution of cardiovascular and cerebrovascular medical devices. Its products include Guide Wire, Catheter Sheath, and PTA Balloon Catheter. The company derives its revenue from three sources: (i) sales and distribution of urology medical devices (ii) sales and distribution of urology care products, and (iii) sales and distribution of cardiovascular and cerebrovascular medical devices.