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Aso International (TSE:9340) Total Inventories : 円131 Mil (As of Mar. 2024)


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What is Aso International Total Inventories?

Aso International's total inventories for the quarter that ended in Mar. 2024 was 円131 Mil. Aso International's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was 円134 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aso International's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was 円387.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aso International's Days Inventory for the three months ended in Mar. 2024 was 25.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aso International's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.52.

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. Aso International's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.


Aso International Total Inventories Historical Data

The historical data trend for Aso 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.

Aso International Total Inventories Chart

Aso International Annual Data
Trend Jun21 Jun22 Jun23
Total Inventories
73.07 123.02 178.19

Aso International Quarterly Data
Jun21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only 159.89 178.19 143.94 136.40 130.93

Aso 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.


Aso International  (TSE:9340) 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.

Aso International'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)
=(1873.428+0.75 * 419.705+0.5 * 130.929-369.766
-0-0)/4.8603
=387.61

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

Aso International's Days Inventory for the three 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
=133.6655/470.18*365 / 4
=25.94

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

Aso International'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 )
=470.18 / 133.6655
=3.52

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.

Aso International'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 )
=133.6655 / 874.335
=0.15

* 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.


Aso International Total Inventories Related Terms

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Aso International (TSE:9340) Business Description

Traded in Other Exchanges
N/A
Address
2-11-8 Ginza, Chuo-ku, No. 22 Chuo Building, 3rd FLoor, Tokyo, JPN, 104-0061
Aso International Inc is engaged in the manufacturing and sale of orthodontic appliances.

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