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Atlantic China Welding Consumables (SHSE:600558) Total Inventories : ¥608 Mil (As of Sep. 2024)


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What is Atlantic China Welding Consumables Total Inventories?

Atlantic China Welding Consumables's total inventories for the quarter that ended in Sep. 2024 was ¥608 Mil. Atlantic China Welding Consumables's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥625 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Atlantic China Welding Consumables's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atlantic China Welding Consumables's Days Inventory for the three months ended in Sep. 2024 was 78.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlantic China Welding Consumables's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.17.

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. Atlantic China Welding Consumables's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.75.


Atlantic China Welding Consumables Total Inventories Historical Data

The historical data trend for Atlantic China Welding Consumables'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.

Atlantic China Welding Consumables Total Inventories Chart

Atlantic China Welding Consumables 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 536.79 590.20 725.15 645.56 758.28

Atlantic China Welding Consumables Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 613.26 758.28 659.93 641.91 607.81

Atlantic China Welding Consumables 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.


Atlantic China Welding Consumables  (SHSE:600558) 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.

Atlantic China Welding Consumables's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(444.215+0.75 * 331.97+0.5 * 607.813-699.74
-0-200.097)/897.605
=0.11

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

Atlantic China Welding Consumables's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=624.8605/728.724*365 / 4
=78.24

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

Atlantic China Welding Consumables's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=728.724 / 624.8605
=1.17

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.

Atlantic China Welding Consumables's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=624.8605 / 836.636
=0.75

* 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.


Atlantic China Welding Consumables Total Inventories Related Terms

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Atlantic China Welding Consumables Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Machongkou Street, Da'an District, Zigong, Sichuan, CHN, 643010
Atlantic China Welding Consumables Inc is a welding consumable manufactory in China. Its products include mild steel electrodes, cellulose electrodes, high toughness electrodes, low alloy steel electrodes, hard facing electrodes, stainless steel electrodes, low-temperature steel electrodes, Mo and Cr-Mo heat resistant steel electrodes, and cast-iron electrodes. The company's products are widely used in power station boilers, pressure vessels, nuclear and space industries, bridges, ships, vehicles, petroleum and chemical industry, hydropower and thermal power stations.
Executives
Yang Fang Supervisors
Lan Kun Director

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