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Value Exchange International (Value Exchange International) Total Inventories : $0.27 Mil (As of Sep. 2023)


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What is Value Exchange International Total Inventories?

Value Exchange International's total inventories for the quarter that ended in Sep. 2023 was $0.27 Mil. Value Exchange International's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $0.25 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Value Exchange International's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Value Exchange International's Days Inventory for the three months ended in Sep. 2023 was 9.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Value Exchange International's Inventory Turnover for the quarter that ended in Sep. 2023 was 9.36.

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. Value Exchange International's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.08.


Value Exchange International Total Inventories Historical Data

The historical data trend for Value Exchange 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.

Value Exchange International Total Inventories Chart

Value Exchange International Annual Data
Trend Aug13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.22 0.24 0.39 0.23

Value Exchange International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.22 0.23 0.23 0.22 0.27

Value Exchange 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.


Value Exchange International  (OTCPK:VEII) 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.

Value Exchange International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.235+0.75 * 1.464+0.5 * 0.273-4.914
-0-0.132)/43.5008
=-0.08

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

Value Exchange International's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0.2485/2.326*365 / 4
=9.75

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

Value Exchange International's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=2.326 / 0.2485
=9.36

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.

Value Exchange International's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.2485 / 2.961
=0.08

* 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.


Value Exchange International Total Inventories Related Terms

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Value Exchange International (Value Exchange International) Business Description

Traded in Other Exchanges
N/A
Address
Shatin Industrial Centre, 5-7 Yuen Shun Circuit, Unit 02-03, 6th Floor, Block B, Shatin, Hong Kong, HKG
Value Exchange International Inc is a United States based software company. The company through its subsidiaries provides customer-centric hardware and software system solutions for the retail industry in China, Hong Kong, and Philippines. Its primary services and products of the IT Business are Systems maintenance and related service and Systems development and integration. The company serves Public and Retail sector. It get majority of its revenue from software development and maintenance services.
Executives
Chan Heng Fai Ambrose 10 percent owner 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Robert H Trapp director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Chun Wing Yeung director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Seng Wee Tan director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Tsang Po Yee Bella director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Kan Fai Lum director 10/F., SKYWAY CENTER, 23, QUEEN'S ROAD WEST, HONG KONG K3 00000
Gigworld Inc. 10 percent owner 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Yuen Fong Lee director 602, 6/F, BLOCK B, SHATIN INDUSTRIAL, CENTRE, 5-7 YUEN SHUN CIRCUIT, SHATIN, NEW TERRITORIES K3 00000
Johan Pehrson director C/O JOHAN PEHRSON, HALMSTAD V7 30259
Matthew R Mecke director, officer: President, CEO, CFO 6501 RED HOOK PLZA, STE 201-553, ST THOMAS VI 00802
Anthony Robinson director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000
Paul F. Manning director, officer: Secretary / Treasurer UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000