Aroa Biosurgery (ASX:ARX) Total Inventories : A$7.43 Mil (As of Mar. 2024)

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What is Aroa Biosurgery Total Inventories?

Aroa Biosurgery's total inventories for the quarter that ended in Mar. 2024 was A$7.43 Mil. Aroa Biosurgery's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was A$6.95 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aroa Biosurgery's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was A$0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aroa Biosurgery's Days Inventory for the six months ended in Mar. 2024 was 278.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aroa Biosurgery's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.66.

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. Aroa Biosurgery's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.

Aroa Biosurgery Total Inventories Historical Data

The historical data trend for Aroa Biosurgery'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.

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Aroa Biosurgery Total Inventories Chart

Aroa Biosurgery Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

3.91

3.31

3.70

4.52

7.43

Aroa Biosurgery Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Inventories	Get a 7-Day Free Trial			3.70	4.54	4.52	6.47	7.43

Aroa Biosurgery 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.

Aroa Biosurgery (ASX:ARX) 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.

Aroa Biosurgery'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)
=	(27.727	+	0.75 * 10.5	+	0.5 * 7.434	-	14.787
-	0	-	0)	/	344.208
=	0.07

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

Aroa Biosurgery's Days Inventory for the six 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
	=	6.952	/	4.554	*	365 / 2
	=	278.60

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

Aroa Biosurgery'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 )
	=	4.554	/	6.952
	=	0.66

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.

Aroa Biosurgery'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 )
	=	6.952	/	34.382
	=	0.20

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.

Aroa Biosurgery Total Inventories Related Terms

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Aroa Biosurgery (ASX:ARX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Aroa Biosurgery Ltd (ASX:ARX) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

64 Richard Pearse Drive, Mangere, Airport Oaks, Auckland, NZL, 2022

Website

https://www.aroabio.com

Aroa Biosurgery Ltd is a soft tissue regeneration company which develops, manufactures and sells medical devices for wound and soft tissue repair using its proprietary extracellular matrix (ECM) technology. It is focused on improving the rate and quality of healing in complex wounds and soft tissue reconstruction. The Company is in the business of developing, manufacturing and selling soft tissue repair products. The company's principal market is the United States where it has five key products for sale targeting chronic wounds, hernia, plastics, reconstructive surgery and trauma/limb salvage/tumor surgery.

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