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Taiji Computer (SZSE:002368) Total Inventories : ¥3,290 Mil (As of Mar. 2024)


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What is Taiji Computer Total Inventories?

Taiji Computer's total inventories for the quarter that ended in Mar. 2024 was ¥3,290 Mil. Taiji Computer's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥3,255 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Taiji Computer's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-7.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiji Computer's Days Inventory for the three months ended in Mar. 2024 was 238.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiji Computer'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. Taiji Computer's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.96.


Taiji Computer Total Inventories Historical Data

The historical data trend for Taiji Computer'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.

Taiji Computer Total Inventories Chart

Taiji Computer 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 1,778.94 2,465.00 3,830.56 3,055.57 3,220.79

Taiji Computer 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 2,411.58 2,714.50 2,719.25 3,220.79 3,290.12

Taiji Computer 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.


Taiji Computer  (SZSE:002368) 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.

Taiji Computer'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)
=(1078.767+0.75 * 4680.238+0.5 * 3290.121-10407.109
-0-325.162)/623.231
=-7.22

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

Taiji Computer'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
=3255.4535/1244.476*365 / 4
=238.70

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

Taiji Computer'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 )
=1244.476 / 3255.4535
=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.

Taiji Computer'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 )
=3255.4535 / 1661.5
=1.96

* 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.


Taiji Computer Total Inventories Related Terms

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Taiji Computer (SZSE:002368) Business Description

Traded in Other Exchanges
N/A
Address
Rongda Road, China Electric Power Taiji Information Industry Park, Chaoyang District, Beijing, CHN
Taiji Computer Corp Ltd is engaged in the designing and engineering construction of information systems in China. It offers information technology consulting services, industry solution services, infrastructure services, operational services, and various other value-added IT services. In addition, the company is also involved in the information construction of government, finance, energy, manufacturing, and public utilities.
Executives
Feng Guo Kuan Executives
Lv Yi Director
Chai Yong Mao Directors, executives
Wang Yu Zhong Supervisors
Xiao Yi Executives
Shen Long Zhe Executives
Zhong Kai Executives
Wang Xin Zhong Executives
Zheng Ji Yun Securities Affairs Representative
Zhang Su Wei Executives
Xu Shi Jun Executives
He Jing Supervisors
Liu Huai Song Directors, executives
Liu Xiao Wei Directors, executives
Wang Ya Feng Directors, executives

Taiji Computer (SZSE:002368) Headlines

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