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TCL Technology Group (SZSE:000100) Total Inventories : ¥19,305 Mil (As of Mar. 2024)


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What is TCL Technology Group Total Inventories?

TCL Technology Group's total inventories for the quarter that ended in Mar. 2024 was ¥19,305 Mil. TCL Technology Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥18,893 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TCL Technology Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-13.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TCL Technology Group's Days Inventory for the three months ended in Mar. 2024 was 48.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. TCL Technology Group's Inventory Turnover for the quarter that ended in Mar. 2024 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. TCL Technology Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.


TCL Technology Group Total Inventories Historical Data

The historical data trend for TCL 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.

TCL Technology Group Total Inventories Chart

TCL 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 5,723.27 8,834.96 14,083.36 18,001.12 18,481.76

TCL 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 18,668.47 18,113.68 19,764.20 18,481.76 19,304.75

TCL 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.


TCL Technology Group  (SZSE:000100) 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.

TCL 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)
=(49171.179+0.75 * 23886.721+0.5 * 19304.751-246401.439
-0-91663.208)/18779.1
=-13.92

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

TCL 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
=18893.253/35313.379*365 / 4
=48.82

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

TCL 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 )
=35313.379 / 18893.253
=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.

TCL 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 )
=18893.253 / 39946.383
=0.47

* 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.


TCL Technology Group Total Inventories Related Terms

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TCL Technology Group (SZSE:000100) Business Description

Traded in Other Exchanges
N/A
Address
17 Huifeng Third Road, TCL Technology Building, Zhongkai Hi-Tech Development District, Guangdong Province, Huizhou, CHN, 516001
TCL Technology Group Corp is a consumer electronics company in China. The company's operating segment includes Semi-conductor display and materials business; Distribution business; Semi-conductor photovoltaic and semi-conductor materials business and Other businesses. It generates maximum revenue from Semi-conductor display and materials business segment. The Semi-conductor display and materials business segment mainly includes research and development, manufacturing and sales of semiconductor display panels and semiconductor display modules.
Executives
Li Dong Sheng Directors, executives
Liu Bin Director
Wang Cheng Executives
Lu Xin Independent director
Yan Xiao Lin Executives
Wang Jian Xun Securities Affairs Representative
Mi Xin Bin Supervisors
Han Fang Ming Director
Bao Lian Ming Directors, executives
Shi Wan Wen Executives
Zhao Zhong Yao Directors, executives
Huang Xu Bin Executives
Yu Guang Hui Executives
Zheng Chuan Lie Director
He Cheng Ming Executives

TCL Technology Group (SZSE:000100) Headlines

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