Econavista (TSE:5585) Total Inventories : 円331.6 Mil (As of Jan. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Econavista Total Inventories?

Econavista's total inventories for the quarter that ended in Jan. 2024 was 円331.6 Mil. Econavista's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was 円317.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Econavista's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was 円399.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Econavista's Days Inventory for the three months ended in Jan. 2024 was 260.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Econavista's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.35.

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. Econavista's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.91.

Econavista Total Inventories Historical Data

The historical data trend for Econavista'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.

Econavista Total Inventories Chart

Econavista Annual Data

Trend

Oct21

Oct22

Oct23

Total Inventories

50.19

272.15

302.76

Econavista Quarterly Data
	Oct21	Oct22	Apr23	Jul23	Oct23	Jan24
Total Inventories	Get a 7-Day Free Trial			272.15	210.22	237.14	302.76	331.57

Econavista 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.

Econavista (TSE:5585) 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.

Econavista'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)
=	(2330.736	+	0.75 * 270.772	+	0.5 * 331.567	-	138.195
-	0	-	0)	/	6.40807
=	399.72

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

Econavista'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
	=	317.163	/	110.954	*	365 / 4
	=	260.84

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

Econavista'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 )
	=	110.954	/	317.163
	=	0.35

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.

Econavista'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 )
	=	317.163	/	346.806
	=	0.91

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.

Econavista Total Inventories Related Terms

Thank you for viewing the detailed overview of Econavista's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Econavista (TSE:5585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econavista Inc (TSE:5585) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1 Kioicho, KKD Building 6 Floor, Chiyoda-ku, Tokyo, JPN, 102-0094

Website

https://www.econavista.com

Econavista Inc is engaged in the Development of AI for predicting health status transition through sleep analysis technology and its application to solve social challenges, such as its AI-backed services of Life Rhythm Navi. It automatically records your daily living conditions (life rhythm) and works with specialized medical institutions to visualize the signs of dementia and diseases that are common among the elderly (heat stroke, sleep disorders, etc.). It is a monitoring system to prevent sudden changes in physical conditions and accidents in preventive medicine.

Econavista (TSE:5585) Headlines

No Headlines