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Tianjin Keyvia Electric Co (SZSE:300407) Total Inventories : ¥653 Mil (As of Mar. 2024)


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What is Tianjin Keyvia Electric Co Total Inventories?

Tianjin Keyvia Electric Co's total inventories for the quarter that ended in Mar. 2024 was ¥653 Mil. Tianjin Keyvia Electric Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥627 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tianjin Keyvia Electric Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tianjin Keyvia Electric Co's Days Inventory for the three months ended in Mar. 2024 was 202.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianjin Keyvia Electric Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.45.

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. Tianjin Keyvia Electric Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.65.


Tianjin Keyvia Electric Co Total Inventories Historical Data

The historical data trend for Tianjin Keyvia Electric 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.

Tianjin Keyvia Electric Co Total Inventories Chart

Tianjin Keyvia Electric 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 514.23 475.64 577.15 507.66 601.70

Tianjin Keyvia Electric 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 572.83 622.11 651.32 601.70 652.74

Tianjin Keyvia Electric 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.


Tianjin Keyvia Electric Co  (SZSE:300407) 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.

Tianjin Keyvia Electric 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)
=(719.383+0.75 * 590.562+0.5 * 652.743-1246.566
-0-26.876)/318.201
=0.68

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

Tianjin Keyvia Electric 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
=627.222/282.067*365 / 4
=202.91

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

Tianjin Keyvia Electric 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 )
=282.067 / 627.222
=0.45

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.

Tianjin Keyvia Electric 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 )
=627.222 / 380.529
=1.65

* 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.


Tianjin Keyvia Electric Co Total Inventories Related Terms

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Tianjin Keyvia Electric Co (SZSE:300407) Business Description

Traded in Other Exchanges
N/A
Address
8th matter Hyflux Building Road, Tianjin Huayuan Industrial Park, Tianjin, CHN, 300384
Tianjin Keyvia Electric Co Ltd covers two areas of electrified railway and urban rail transit, including traction power distribution automation system, dispatching and comprehensive monitoring system, industrial automation system, auxiliary control system for rolling stock, monitoring and diagnosis system, software product development, and others. The widely used products mainly include DK3500 electrified railway traction power supply integrated automation system, traction power supply power dispatching and monitoring system, integrated monitoring system, access control system, automatic ticket checking system, mechanical and electrical equipment monitoring system, passenger information system, disaster prevention alarm system, wireless communication system, and others.
Executives
Kong Xiang Zhou Director
Wen Guo Wang Supervisors
Wang Yong Director
Wang Chuan Qi Directors, executives
Wang Wei Directors, executives
Zhang Zhong Jie Directors, executives
Liu Kun Supervisors
Chu Fei Directors, executives
Cai Deng Ming Directors, executives
Zhao Qin Supervisors
Zhao Yi Huan Executives
Wang Rui Jin Securities Affairs Representative
Zhang Gang Executives

Tianjin Keyvia Electric Co (SZSE:300407) Headlines

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