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Haimo Technologies Group (SZSE:300084) Total Inventories : ¥370.5 Mil (As of Mar. 2024)


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What is Haimo Technologies Group Total Inventories?

Haimo Technologies Group's total inventories for the quarter that ended in Mar. 2024 was ¥370.5 Mil. Haimo Technologies Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥359.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Haimo Technologies Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Haimo Technologies Group's Days Inventory for the three months ended in Mar. 2024 was 754.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Haimo Technologies Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.12.

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. Haimo Technologies Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.49.


Haimo Technologies Group Total Inventories Historical Data

The historical data trend for Haimo Technologies 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.

Haimo Technologies Group Total Inventories Chart

Haimo Technologies 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 454.52 433.71 405.51 420.41 348.89

Haimo Technologies 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 444.17 458.72 466.35 348.89 370.53

Haimo Technologies 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.


Haimo Technologies Group  (SZSE:300084) 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.

Haimo Technologies 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)
=(205.479+0.75 * 438.914+0.5 * 370.526-900.717
-0-11.007)/393.796
=-0.49

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

Haimo Technologies 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
=359.709/43.477*365 / 4
=754.96

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

Haimo Technologies 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 )
=43.477 / 359.709
=0.12

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.

Haimo Technologies 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 )
=359.709 / 65.467
=5.49

* 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.


Haimo Technologies Group Total Inventories Related Terms

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Haimo Technologies Group (SZSE:300084) Business Description

Traded in Other Exchanges
N/A
Address
No. 593, Zhang Sutan, Chengguan District, Gansu Province, Lanzhou, CHN, 730010
Haimo Technologies Group Corp is engaged in energy production, equipment supply, environmental protection, and data management and production optimization services. The company also offers multi-phase metering services to oil field service companies. The products and services of the company include fracturing equipment and services, environmental protection equipment and services, and integrated production optimization services.
Executives
Su Zhan Cai Directors, executives
Ma Jun Executives
Dou Jian Wen Executives, directors
Wu Rui Rui Securities Affairs Representative
Li Jian Guo Directors, executives
Zhou Jian Feng Director
Zhang Li Qiang Directors, Directors, and Executives
Chen Ji Ge Directors, executives
Lu Yi Xin Executives
Wang Zhen Gang Supervisors
Long Li Juan Supervisors
Guo Shen Director
He Gong An Executives
Pan Zhao Bai Executives

Haimo Technologies Group (SZSE:300084) Headlines

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