Skyworth Group (Skyworth Group) Total Inventories : $2,231 Mil (As of Dec. 2023)

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What is Skyworth Group Total Inventories?

Skyworth Group's total inventories for the quarter that ended in Dec. 2023 was $2,231 Mil. Skyworth Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $2,339 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Skyworth Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Skyworth Group's Days Inventory for the six months ended in Dec. 2023 was 97.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Skyworth Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.87.

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. Skyworth Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.45.

Skyworth Group Total Inventories Historical Data

The historical data trend for Skyworth 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.

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Skyworth Group Total Inventories Chart

Skyworth Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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1,294.61

1,689.63

2,104.31

2,337.45

2,230.61

Skyworth Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															2,104.31	2,343.02	2,337.45	2,446.45	2,230.61

Skyworth 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.

Skyworth Group (OTCPK:SWDHF) 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.

Skyworth Group'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)
=	(1376.152	+	0.75 * 2382.986	+	0.5 * 2230.61	-	6218.873
-	0	-	646.761)	/	2402.8
=	-1.08

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

Skyworth Group's Days Inventory for the six 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
	=	2338.5295	/	4381.39	*	365 / 2
	=	97.41

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

Skyworth Group'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 )
	=	4381.39	/	2338.5295
	=	1.87

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.

Skyworth Group'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 )
	=	2338.5295	/	5144.254
	=	0.45

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.

Skyworth Group Total Inventories Related Terms

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Skyworth Group (Skyworth Group) Business Description

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00751:Hong Kong KYW:Germany

Address

20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG

Website

http://www.skyworth.com

Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.