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Beijing Beida Jade Bird Universal Sci-Tech Co (HKSE:08095) Total Inventories : HK$17.4 Mil (As of Dec. 2023)


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What is Beijing Beida Jade Bird Universal Sci-Tech Co Total Inventories?

Beijing Beida Jade Bird Universal Sci-Tech Co's total inventories for the quarter that ended in Dec. 2023 was HK$17.4 Mil. Beijing Beida Jade Bird Universal Sci-Tech Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was HK$8.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Beijing Beida Jade Bird Universal Sci-Tech Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Beida Jade Bird Universal Sci-Tech Co's Days Inventory for the three months ended in Dec. 2023 was 4.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Beida Jade Bird Universal Sci-Tech Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 19.02.

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. Beijing Beida Jade Bird Universal Sci-Tech Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.


Beijing Beida Jade Bird Universal Sci-Tech Co Total Inventories Historical Data

The historical data trend for Beijing Beida Jade Bird Universal Sci-Tech 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.

Beijing Beida Jade Bird Universal Sci-Tech Co Total Inventories Chart

Beijing Beida Jade Bird Universal Sci-Tech Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.62 6.90 6.97 23.17 17.43

Beijing Beida Jade Bird Universal Sci-Tech Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.17 - 24.60 - 17.43

Beijing Beida Jade Bird Universal Sci-Tech 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.


Beijing Beida Jade Bird Universal Sci-Tech Co  (HKSE:08095) 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.

Beijing Beida Jade Bird Universal Sci-Tech 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)
=(171.17+0.75 * 1228.031+0.5 * 17.433-1322.564
-0-162.68)/1514.46
=-0.25

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

Beijing Beida Jade Bird Universal Sci-Tech Co's Days Inventory for the three 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
=8.7165/165.765*365 / 4
=4.80

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

Beijing Beida Jade Bird Universal Sci-Tech 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 )
=165.765 / 8.7165
=19.02

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.

Beijing Beida Jade Bird Universal Sci-Tech 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 )
=8.7165 / 211.554
=0.04

* 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.


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Beijing Beida Jade Bird Universal Sci-Tech Co (HKSE:08095) Business Description

Traded in Other Exchanges
Address
No. 207 Chengfu Road, 3rd Floor, Beida Jade Bird Building, Haidian District, Beijing, CHN, 100871
Beijing Beida Jade Bird Universal Sci-Tech Co Ltd is an investment holding company. Along with subsidiaries, the firm operates in business segments including, Tourism development, Investment holding, Trading of metallic products, Sales & production of LED devices, and All other segments. The tourism segment develops travel & leisure businesses. The trading of metallic products segment includes sales & purchases of metallic products. The investment holding segment invests in funds, debt, & equity investments. Sales & production of LED devices include the development of ceramic end-high of sale & devices and LED power-high modules All other segment is engaged in sales of wine & related products. The company generates the majority of its revenue from the Trading of metallic products segment.
Executives
Asia Development Capital (hk) Limited
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Huang Taomei 2201 Interest of corporation controlled by you
Merida Group Limited 2201 Interest of corporation controlled by you
Nippon Incubation Co. Ltd. 2201 Interest of corporation controlled by you
Asia Investment Fund Co. Ltd. 2201 Interest of corporation controlled by you
Chang Hongna 2201 Interest of corporation controlled by you
Gallantlion Resources Pte. Ltd. 2201 Interest of corporation controlled by you
Asia Development Capital Co. Ltd. 2201 Interest of corporation controlled by you
Allied Properties (h.k.) Limited 2201 Interest of corporation controlled by you

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