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Wave Sync's total inventories for the quarter that ended in Mar. 2022 was $0.00 Mil. Wave Sync's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Mar. 2022 was $0.00 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wave Sync's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was $-0.20.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wave Sync's Days Inventory for the three months ended in Mar. 2022 was 1.00.
Inventory Turnover measures how fast the company turns over its inventory within a year. Wave Sync's Inventory Turnover for the quarter that ended in Mar. 2022 was 91.20.
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. Wave Sync's Inventory-to-Revenue for the quarter that ended in Mar. 2022 was 0.00.
The historical data trend for Wave Sync'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.
Wave Sync Annual Data | |||||||||||||||||||||
Trend | Jun09 | Jun10 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
Wave Sync Quarterly Data | ||||||||||||||||||||
Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | |
Total Inventories | Get a 7-Day Free Trial | - | - | - | - | - |
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.
Wave Sync (OTCPK:WAYS) 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.
Wave Sync's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 is
Net-Net Working Capital Per Share (Q: Mar. 2022 ) | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (0.556 | + | 0.75 * 0.077 | + | 0.5 * 0.002 | - | 4.037 |
- | 0 | - | 0) | / | 17.466 | ||
= | -0.20 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Wave Sync's Days Inventory for the three months ended in Mar. 2022 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Mar. 2022 ) | / | Cost of Goods Sold (Q: Mar. 2022 ) | * | Days in Period |
= | 0.0025 | / | 0.228 | * | 365 / 4 | |
= | 1.00 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Wave Sync's Inventory Turnover for the quarter that ended in Mar. 2022 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Mar. 2022 ) | / | Average Total Inventories (Q: Mar. 2022 ) |
= | 0.228 | / | 0.0025 | |
= | 91.20 |
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.
Wave Sync's Inventory to Revenue for the quarter that ended in Mar. 2022 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Mar. 2022 ) | / | Revenue (Q: Mar. 2022 ) |
= | 0.0025 | / | 0.789 | |
= | 0.00 |
* 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.
Thank you for viewing the detailed overview of Wave Sync's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.
Xinfeng Nie | director, 10 percent owner | PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000 |
Bin Zhou | director | PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000 |
Zhibin Jin | officer: Secretary | PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000 |
Jianjun Xu | director | PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000 |
Mingyong Hu | director | PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000 |
Jingmei Weng | director, officer: Chief Financial Officer | PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000 |
Sanfu Huang | director, 10 percent owner, officer: Chief Executive Officer | PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000 |
Fulun Su | director | PUDONG BUILDING, 2ND FLOOR, JUILONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU CITY FUIJAN PROVINCE F4 363000 |
Nie Xinfeng Co.,ltd. | 10 percent owner | P.O.BOX 957, OFFSHORE INCORPORATIONS CTR, ROAD TOWN, TORTOLA D8 000000 |
Gaomin Huang | 10 percent owner | PUDONG BUILDING, 2ND FLOOR, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000 |
Sanfu Holding Co.,ltd | 10 percent owner | PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000 |
Xiaoshuang Chen | director | RM 502 HUA TENG BUILDING NO 302, JINGSONG 3RD DISTRICT CHAOYANG DISTRICT, BEIJING F4 100021 |
Yong Bian | director | C/O CHINA INSONLINE CORP., 4F HENRY HOUSE, 10 ICEHOUSE ST., CENTRAL HONG KONG F4 00000 |
Renbin Yu | director | RM 502 HUA TENG BUILDING NO 302, JINGSONG 3RD DISTRICT CHAOYANG DISTRICT, BEIJING F4 100021 |
Edith Kamying Ho | director | 800 5TH AVENUE, SUITE 4100, SEATTLE WA 98104 |
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