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Shanghai International Port (Group) Co (SHSE:600018) Total Inventories : ¥9,889 Mil (As of Mar. 2024)


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What is Shanghai International Port (Group) Co Total Inventories?

Shanghai International Port (Group) Co's total inventories for the quarter that ended in Mar. 2024 was ¥9,889 Mil. Shanghai International Port (Group) Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥10,086 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shanghai International Port (Group) Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-1.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai International Port (Group) Co's Days Inventory for the three months ended in Mar. 2024 was 171.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai International Port (Group) Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.53.

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. Shanghai International Port (Group) Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.13.


Shanghai International Port (Group) Co Total Inventories Historical Data

The historical data trend for Shanghai International Port (Group) 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.

Shanghai International Port (Group) Co Total Inventories Chart

Shanghai International Port (Group) 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 14,149.59 15,794.13 14,297.99 11,538.35 10,282.28

Shanghai International Port (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11,494.05 10,582.68 11,537.80 10,282.28 9,889.17

Shanghai International Port (Group) 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.


Shanghai International Port (Group) Co  (SHSE:600018) 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.

Shanghai International Port (Group) Co'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)
=(36443.873+0.75 * 3682.196+0.5 * 9889.166-65442.075
-0-14003.378)/23284.1
=-1.52

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

Shanghai International Port (Group) Co'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
=10085.723/5367.692*365 / 4
=171.46

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

Shanghai International Port (Group) Co'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 )
=5367.692 / 10085.723
=0.53

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.

Shanghai International Port (Group) Co'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 )
=10085.723 / 8951.114
=1.13

* 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.


Shanghai International Port (Group) Co Total Inventories Related Terms

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Shanghai International Port (Group) Co (SHSE:600018) Business Description

Traded in Other Exchanges
N/A
Address
358 East Daming Road, Shanghai, CHN, 200080
Shanghai International Port Group, or SIPG, is the world's largest container port in terms of throughput volume, and a major trans-shipment hub in China. It engages in handling port containers and bulk cargo along with other container-related services in the Yangtze River Delta. The gross profit in core port operation is approximately 72% in containers, 2% in bulk cargo, and 26% in port logistics and services. The Shanghai state-owned Asset Supervision and Administration Commission holds approximately a 44% stake in SIPG.
Executives
Wang Hai Jian senior management
Ding Xiang Ming senior management
Zhang Min senior management
Yan Jun Directors, senior managers
Fang Huai Jin senior management
Yang Zhi Yong senior management
Zhang Xin senior management
Wang Lin Lin senior management
Liu Gang Supervisors
Yu Wei senior management
Yang Hai Feng Supervisors
Zhou Yuan Kang Supervisors
Zhuang Xiao Qing Director
Zhang You Lin Supervisors

Shanghai International Port (Group) Co (SHSE:600018) Headlines

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