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PNC Process Systems Co (SHSE:603690) Total Inventories : ¥2,975 Mil (As of Mar. 2024)


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What is PNC Process Systems Co Total Inventories?

PNC Process Systems Co's total inventories for the quarter that ended in Mar. 2024 was ¥2,975 Mil. PNC Process Systems Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥2,813 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PNC Process Systems Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-8.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PNC Process Systems Co's Days Inventory for the three months ended in Mar. 2024 was 477.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. PNC Process Systems Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.19.

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. PNC Process Systems Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.47.


PNC Process Systems Co Total Inventories Historical Data

The historical data trend for PNC Process Systems 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.

PNC Process Systems Co Total Inventories Chart

PNC Process Systems 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 635.14 794.47 1,182.94 1,704.93 2,650.36

PNC Process Systems 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 2,067.92 2,377.35 2,872.52 2,650.36 2,974.82

PNC Process Systems 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.


PNC Process Systems Co  (SHSE:603690) 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.

PNC Process Systems 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)
=(678.113+0.75 * 2635.529+0.5 * 2974.818-7265.848
-0-159.171)/386.991
=-8.48

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

PNC Process Systems 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
=2812.5885/536.955*365 / 4
=477.97

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

PNC Process Systems 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 )
=536.955 / 2812.5885
=0.19

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.

PNC Process Systems 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 )
=2812.5885 / 811.384
=3.47

* 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.


PNC Process Systems Co Total Inventories Related Terms

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PNC Process Systems Co (SHSE:603690) Business Description

Traded in Other Exchanges
N/A
Address
No. 170, Zihai Road, Minhang District, Shanghai, CHN, 200241
PNC Process Systems Co Ltd offers process system solutions for advanced manufacturing enterprises. The solutions cover the design, selection, manufacturing, installation, testing, commissioning, and system hosting services of the entire system. Its product portfolio covers gas delivery system solution, chemical delivery system solutions, process machine secondary, GMS detection control management system, and digital production system, among others. It also offers gasification equipment, wet process machine, ultra-clean electronic materials, media special inspection service, laboratory service, and biopharmaceutical systems and equipment. The systems and services are used in semiconductor, microelectronics, biomedical, photovoltaic, fiber optic, TFT-LCD, LED and other fields.
Executives
Lu Lei senior management
Jiang Yuan Directors, senior managers
Shen Yi Lin senior management
Zhao Hao Director
Chai Xin Ming senior management
Wu Hai Hua Director
Yuan Meng Qi senior management

PNC Process Systems Co (SHSE:603690) Headlines

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