Freedom Care Group Holdings (ASX:FCG) Total Inventories : A$0.00 Mil (As of Dec. 2023)

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What is Freedom Care Group Holdings Total Inventories?

Freedom Care Group Holdings's total inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil. Freedom Care Group Holdings's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was A$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Freedom Care Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Freedom Care Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

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. Freedom Care Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Freedom Care Group Holdings Total Inventories Historical Data

The historical data trend for Freedom Care Group 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.

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Freedom Care Group Holdings Total Inventories Chart

Freedom Care Group Holdings Annual Data

Trend

Jun21

Jun22

Total Inventories

Freedom Care Group Holdings Semi-Annual Data
	Jun21	Jun22	Dec22	Dec23
Total Inventories	-	-	-	-

Freedom Care Group 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.

Freedom Care Group Holdings (ASX:FCG) 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.

Freedom Care Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3.781	+	0.75 * 0.821	+	0.5 * 0	-	2.568
-	0	-	0)	/	108.318
=	0.02

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

Freedom Care Group Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	0.273	*	365 / 2
	=	0.00

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

Freedom Care Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	0.273	/	0
	=	N/A

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.

Freedom Care Group Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	19.72
	=	0.00

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.

Freedom Care Group Holdings Total Inventories Related Terms

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Freedom Care Group Holdings (ASX:FCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Freedom Care Group Holdings Ltd (ASX:FCG) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

Shop 3/886, Woodville Road, Villawood, NSW, AUS, 2163

Website

https://www.freedomcaregroup.com.au

Freedom Care Group Holdings Ltd is a national disability insurance scheme services provider that provides a full suite of allied health and care services to individuals accepted into the NDIS particularly in the greater Sydney areas. It is organized into three service areas such as Core Supports, Capacity Building Supports and Capital Supports. Core Supports: assist Participants with everyday activities, current disability-related needs and work towards a Participant's goals. Capacity Building Supports: assist Participants to increase independence and develop skills to assist them to pursue their goals and Capital Supports: includes higher-cost pieces of assistive technology, equipment and home or vehicle modifications, and funding for one-off capital purchases that participants require.