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YNAJF (Yantai North Andre Juice Co) Total Inventories : $80.3 Mil (As of Jun. 2024)


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What is Yantai North Andre Juice Co Total Inventories?

Yantai North Andre Juice Co's total inventories for the quarter that ended in Jun. 2024 was $80.3 Mil. Yantai North Andre Juice Co's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was $40.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Yantai North Andre Juice Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yantai North Andre Juice Co's Days Inventory for the three months ended in Jun. 2024 was 103.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yantai North Andre Juice Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.88.

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. Yantai North Andre Juice Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.81.


Yantai North Andre Juice Co Total Inventories Historical Data

The historical data trend for Yantai North Andre Juice 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.

Yantai North Andre Juice Co Total Inventories Chart

Yantai North Andre Juice Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.25 101.61 99.78 79.01 126.18

Yantai North Andre Juice Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.62 126.18 - 80.34 -

Yantai North Andre Juice 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.


Yantai North Andre Juice Co  (OTCPK:YNAJF) 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.

Yantai North Andre Juice Co'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)
=(121.318+0.75 * 38.735+0.5 * 80.337-11.748
-0-0)/345.97
=0.52

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

Yantai North Andre Juice Co's Days Inventory for the three 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
=40.1685/35.381*365 / 4
=103.60

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

Yantai North Andre Juice Co'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 )
=35.381 / 40.1685
=0.88

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.

Yantai North Andre Juice Co'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 )
=40.1685 / 49.873
=0.81

* 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.


Yantai North Andre Juice Co Total Inventories Related Terms

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Yantai North Andre Juice Co Business Description

Traded in Other Exchanges
Address
No. 18 Andre Avenue, Muping Economic Development Zone, Shandong Province, Yantai, CHN, 264100
Yantai North Andre Juice Co Ltd is a China-based company, that engages in the manufacture and sales of condensed fruit juice, apple essence, pomace, and related products. Its products include apple juice concentrate, pear juice concentrate, orange and lemon series juices, strawberry concentrate, bio-feedstuff, and other related products. It is also involved in the provision of juice processing services. The company operates its business in China, North America, Asia (excluding China), Europe, Oceania, and Africa.

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