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Abundance International (SGX:541) Total Inventories : S$16.5 Mil (As of Jun. 2023)


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What is Abundance International Total Inventories?

Abundance International's total inventories for the quarter that ended in Jun. 2023 was S$16.5 Mil. Abundance International's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was S$15.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Abundance International's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was S$-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Abundance International's Days Inventory for the six months ended in Jun. 2023 was 7.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abundance International's Inventory Turnover for the quarter that ended in Jun. 2023 was 24.46.

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. Abundance International's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.04.


Abundance International Total Inventories Historical Data

The historical data trend for Abundance International'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.

Abundance International Total Inventories Chart

Abundance International Annual Data
Trend Sep12 Sep13 Sep14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.38 23.41 21.24 18.10 13.86

Abundance International Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 29.09 18.10 22.82 13.86 16.48

Abundance International 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.


Abundance International  (SGX:541) 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.

Abundance International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.967+0.75 * 16.171+0.5 * 16.484-43.998
-0-0.011)/1281.69
=-0.01

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

Abundance International's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=15.172/371.098*365 / 2
=7.46

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

Abundance International's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=371.098 / 15.172
=24.46

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.

Abundance International's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=15.172 / 384.382
=0.04

* 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.


Abundance International Total Inventories Related Terms

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Abundance International (SGX:541) Business Description

Traded in Other Exchanges
N/A
Address
9 Joo Koon Circle, Singapore, SGP, 629041
Abundance International Ltd is engaged in the chemical manufacturing and trading of equipment, accessories, consumables, or peripherals used in the chemical industry and other related businesses. In addition, it is also investing in companies and other entities through equity, securities, and other instruments. It is organized into the following reportable operating segments, Chemicals, Printing, and Investment segment. The company derives the maximum revenue from the Chemicals segment. Its primary geographic markets are China and other countries in Asia of which China contributes most of the total revenue.

Abundance International (SGX:541) Headlines

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