GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » iMotion Automotive Technology (Suzhou) Co Ltd (HKSE:01274) » Definitions » Total Inventories

iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Total Inventories : HK$280 Mil (As of Dec. 2023)


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

What is iMotion Automotive Technology (Suzhou) Co Total Inventories?

iMotion Automotive Technology (Suzhou) Co's total inventories for the quarter that ended in Dec. 2023 was HK$280 Mil. iMotion Automotive Technology (Suzhou) Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$229 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. iMotion Automotive Technology (Suzhou) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$3.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. iMotion Automotive Technology (Suzhou) Co's Days Inventory for the six months ended in Dec. 2023 was 64.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. iMotion Automotive Technology (Suzhou) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.84.

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. iMotion Automotive Technology (Suzhou) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.31.


iMotion Automotive Technology (Suzhou) Co Total Inventories Historical Data

The historical data trend for iMotion Automotive Technology (Suzhou) Co'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.

iMotion Automotive Technology (Suzhou) Co Total Inventories Chart

iMotion Automotive Technology (Suzhou) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
11.24 57.56 303.72 280.03

iMotion Automotive Technology (Suzhou) Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 57.56 - 303.72 177.28 280.03

iMotion Automotive Technology (Suzhou) Co 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.


iMotion Automotive Technology (Suzhou) Co  (HKSE:01274) 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.

iMotion Automotive Technology (Suzhou) Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1045.799+0.75 * 239.639+0.5 * 280.026-600.314
-0-0)/226.33
=3.38

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

iMotion Automotive Technology (Suzhou) Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=228.6535/648.787*365 / 2
=64.32

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

iMotion Automotive Technology (Suzhou) Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=648.787 / 228.6535
=2.84

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.

iMotion Automotive Technology (Suzhou) Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=228.6535 / 736.195
=0.31

* 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.


iMotion Automotive Technology (Suzhou) Co Total Inventories Related Terms

Thank you for viewing the detailed overview of iMotion Automotive Technology (Suzhou) Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19/F and 20/F Building G2, 88 Jinji Lake Avenue, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN
iMotion Automotive Technology (Suzhou) Co Ltd is an autonomous driving solution provider in China with a focus on AD domain controllers. It offers a wide range of autonomous driving solutions and products and also provide OEMs with various AD domain control units. It has commercialized two AD domain controller product lines which support level 2 to level 2+ autonomous driving functions, covering a wide price range of passenger vehicles and all types of driving scenarios, including highways, ring roads, complex urban roads, country roads, and parking areas. In addition to SuperVisionTM, it also provide self-designed and self-developed iDC series which includes iDC Mid and iDC High.
Executives
China Construction Bank Corporation 2201 Interest of corporation controlled by you
Vistra Trust (singapore) Pte. Limited 2301 Trustee
Li Xiang 2501 Other
Li Auto Inc. 2201 Interest of corporation controlled by you
Leading Ideal Hk Limited 2201 Interest of corporation controlled by you
Cyric Point Enterprises Limited 2201 Interest of corporation controlled by you
Bei Jing Luo Ke Wei Er Si Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Che He Jia Xin Xi Ji Shu You Xian Gong Si 2101 Beneficial owner
Amp Lee Ltd. 2201 Interest of corporation controlled by you
Jian Yin Ke Chuang Su Zhou Tou Dai Lian Dong Gu Quan Tou Zi Ji Jin You Xian He Huo 2101 Beneficial owner
Jian Yin Guo Ji Zi Ben Guan Li Tian Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Jian Yin Guo Ji Zhong Guo You Xian Gong Si 2201 Interest of corporation controlled by you
Tian Jin Jian Yin Guo Ji Jin He Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Song Yang 2101 Beneficial owner
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you

iMotion Automotive Technology (Suzhou) Co (HKSE:01274) Headlines

No Headlines