Landbay (Landbay) Total Inventories : $0.00 Mil (As of Dec. 2023)

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What is Landbay Total Inventories?

Landbay's total inventories for the quarter that ended in Dec. 2023 was $0.00 Mil. Landbay's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Landbay's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Landbay's Days Inventory for the three months ended in Dec. 2023 was 410.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Landbay's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.22.

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. Landbay's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 4.50.

Landbay Total Inventories Historical Data

The historical data trend for Landbay'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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Landbay Total Inventories Chart

Landbay Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

0.15

0.01

Landbay Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	-

Landbay 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.

Landbay (OTCPK:LNBY) 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.

Landbay'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)
=	(0.003	+	0.75 * 0	+	0.5 * 0.004	-	0.123
-	0	-	0)	/	30
=	-0.00

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

Landbay's Days Inventory for the three 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
	=	0.0045	/	0.001	*	365 / 4
	=	410.63

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

Landbay'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 )
	=	0.001	/	0.0045
	=	0.22

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.

Landbay'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 )
	=	0.0045	/	0.001
	=	4.50

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.

Landbay Total Inventories Related Terms

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Landbay (Landbay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Landbay Inc (OTCPK:LNBY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

36-25 Main Street, Flushing, NY, USA, 11354

Website

Landbay Inc is primarily involved in the furniture retail business and furniture design business in the New York area. The company's product features urban and contemporary styles, combining comfort and functionality in matching furniture collections and upscale luxury pieces appealing to lifestyle-conscious middle-income consumers. The furniture brands come from different countries including Italy, China, Vietnam, Malaysia, and so forth. Further, the company classifies the products by room, designation, or series, such as living room, dining room, bedroom and home office series, and by category or product types such as sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards.

Executives

Xiaowei Jin	director, 10 percent owner, officer: President	36-25 MAIN STREET, FLUSHING NY 11354
Northern Ifurniture Inc	10 percent owner	36-25 MAIN STREET, FLUSHING NY 11354
Xie Wanjun	director, 10 percent owner, officer: President	3906 MAIN STREET, 207, FLUSHING NY 11354
Larison Inc	10 percent owner	3906 MAIN STREET, 207, FLUSHING NY 11354

Landbay (Landbay) Headlines

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