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Changyuan Technology Group (SHSE:600525) Total Inventories : ¥2,721 Mil (As of Mar. 2024)


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What is Changyuan Technology Group Total Inventories?

Changyuan Technology Group's total inventories for the quarter that ended in Mar. 2024 was ¥2,721 Mil. Changyuan Technology Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥2,719 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Changyuan Technology Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-3.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Changyuan Technology Group's Days Inventory for the three months ended in Mar. 2024 was 239.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. Changyuan Technology Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

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. Changyuan Technology Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.65.


Changyuan Technology Group Total Inventories Historical Data

The historical data trend for Changyuan Technology Group'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.

Changyuan Technology Group Total Inventories Chart

Changyuan Technology Group 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 998.71 1,433.89 1,902.33 2,521.64 2,718.38

Changyuan Technology Group 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 2,489.96 2,737.15 2,825.56 2,718.38 2,720.61

Changyuan Technology Group 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.


Changyuan Technology Group  (SHSE:600525) 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.

Changyuan Technology Group'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)
=(2450.769+0.75 * 3502.544+0.5 * 2720.614-10605.43
-0-547.726)/1314.82
=-3.59

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

Changyuan Technology Group'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
=2719.4965/1036.801*365 / 4
=239.35

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

Changyuan Technology Group'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 )
=1036.801 / 2719.4965
=0.38

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.

Changyuan Technology Group'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 )
=2719.4965 / 1649.393
=1.65

* 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.


Changyuan Technology Group Total Inventories Related Terms

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Changyuan Technology Group (SHSE:600525) Business Description

Traded in Other Exchanges
N/A
Address
Keyuan Middle Road, Changyuan New Materials Port, Building F, 5th Floor, Nanshan District and High-tech Zone, Guangdong Province, Shenzhen, Guangdong, CHN, 518057
Changyuan Group Ltd specializes in the research, development, and manufacturing of intelligent digitalization of industrial and power systems. The company has two product series namely, test systems and automation equipment, providing comprehensive solutions for the electronics, automotive, medical, new energy, clothing, lighting and other industries. The product portfolio includes power grid protection and automation, smart primary equipment, composite insulator, chip packaging equipment solutions, clothing intelligent equipment, and other products.
Executives
Wu Qi Quan Director
Mao Ming Chun Director
Wang Wei senior management
Xu Cheng Bin Directors, senior managers
Gu Ning senior management
Xu Xiao Wen Director
Lu Er Bing Director
Ni Zhao Hua Director
Huang Yong Wei senior management
Xu Lan Hang senior management
Chen Hong Director
Zhu Qing Hong Supervisors
Liu Dong senior management
Yang Jian Song senior management
Jin Zhi Yong Director

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