Geely Automobile Holdings (LTS:0YZ2) Total Inventories : HK$16,868 Mil (As of Dec. 2023)

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What is Geely Automobile Holdings Total Inventories?

Geely Automobile Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$16,868 Mil. Geely Automobile Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$14,853 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Geely Automobile Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-3.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Geely Automobile Holdings's Days Inventory for the six months ended in Dec. 2023 was 27.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Geely Automobile Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.56.

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. Geely Automobile Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.

Geely Automobile Holdings Total Inventories Historical Data

The historical data trend for Geely Automobile Holdings'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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Geely Automobile Holdings Total Inventories Chart

Geely Automobile Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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5,364.32

4,375.00

6,760.99

12,085.46

16,868.50

Geely Automobile Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															6,760.99	8,869.89	12,085.46	12,838.35	16,868.50

Geely Automobile Holdings 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.

Geely Automobile Holdings (LTS:0YZ2) 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.

Geely Automobile Holdings'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)
=	(39098.18	+	0.75 * 46716.099	+	0.5 * 16868.498	-	117522.366
-	0	-	5078.059)	/	10063.4
=	-3.98

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

Geely Automobile Holdings'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
	=	14853.424	/	97507.402	*	365 / 2
	=	27.80

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

Geely Automobile Holdings'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 )
	=	97507.402	/	14853.424
	=	6.56

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.

Geely Automobile Holdings'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 )
	=	14853.424	/	115964.458
	=	0.13

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.

Geely Automobile Holdings Total Inventories Related Terms

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Geely Automobile Holdings (LTS:0YZ2) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Geely Automobile Holdings Ltd (LTS:0YZ2) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

GELYY:USA GELYF:USA 00175:Hong Kong GRU:Germany GRU:Austria

Address

23 Harbour Road, Room 2301, 23rd Floor, Great Eagle Centre, Wanchai, Hong Kong, HKG

Website

http://www.geelyauto.com.hk

Based in Hangzhou, Zhejiang province, Geely Automobile Holdings manufactures and sells passenger vehicles and automotive parts. Geely is the largest local brand manufacturer and the third largest passenger vehicle brand in terms of sales volume in China. The firm formed a joint venture with Volvo in 2016 to build cars under the Lynk & Co brand. The new brand targets a young audience with sales and marketing approaches closely resembling those of modern lifestyle brands. Including Lynk & Co, Geely sold about 1.4 million cars in 2022. The domestic market accounts for more than 90% of Geely's revenue, with the rest coming from other parts of the world.

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