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Maison Solutions (Maison Solutions) Total Inventories : $3.02 Mil (As of Jan. 2024)


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What is Maison Solutions Total Inventories?

Maison Solutions's total inventories for the quarter that ended in Jan. 2024 was $3.02 Mil. Maison Solutions's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $2.92 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Maison Solutions's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maison Solutions's Days Inventory for the three months ended in Jan. 2024 was 25.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maison Solutions's Inventory Turnover for the quarter that ended in Jan. 2024 was 3.56.

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. Maison Solutions's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.21.


Maison Solutions Total Inventories Historical Data

The historical data trend for Maison Solutions'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.

Maison Solutions Total Inventories Chart

Maison Solutions Annual Data
Trend Apr21 Apr22 Apr23
Total Inventories
1.94 2.32 2.98

Maison Solutions Quarterly Data
Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.92 2.98 2.87 2.83 3.02

Maison Solutions 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.


Maison Solutions  (NAS:MSS) 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.

Maison Solutions's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(9.407+0.75 * 0.756+0.5 * 3.02-30.565
-0-0.36)/19.6905
=-0.99

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

Maison Solutions's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=2.9235/10.41*365 / 4
=25.63

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

Maison Solutions's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=10.41 / 2.9235
=3.56

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.

Maison Solutions's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=2.9235 / 13.598
=0.21

* 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.


Maison Solutions Total Inventories Related Terms

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Maison Solutions (Maison Solutions) Business Description

Traded in Other Exchanges
N/A
Address
127 N Garfield Avenue, Monterey Park, CA, USA, 91754
Maison Solutions Inc is a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. It is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which it operates. The company's merchandise includes fresh and unique produce, meats, seafood and other groceries that are not found in mainstream supermarkets, including a variety of Asian vegetables and fruits such as broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee.
Executives
Bin Wang director 112 RICO DR. NORTH, MORGANVILLE NJ 07751
Tao Han officer: Chief Operating Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
John Xu director, 10 percent owner, officer: President and CEO 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Alexandria M. Lopez director, officer: Chief Financial Officer 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Xiaoxia Zhang director 127 N GARFIELD AVE, MONTEREY PARK CA 91754
Mark W. Willis director 127 N GARFIELD AVE, MONTEREY PARK CA 91754

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