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Goldwind Science & Technology Co (SZSE:002202) Total Inventories : ¥15,257 Mil (As of Dec. 2023)


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What is Goldwind Science & Technology Co Total Inventories?

Goldwind Science & Technology Co's total inventories for the quarter that ended in Dec. 2023 was ¥15,257 Mil. Goldwind Science & Technology Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ¥16,385 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Goldwind Science & Technology Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ¥-15.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goldwind Science & Technology Co's Days Inventory for the three months ended in Dec. 2023 was 84.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goldwind Science & Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.08.

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. Goldwind Science & Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.78.


Goldwind Science & Technology Co Total Inventories Historical Data

The historical data trend for Goldwind Science & Technology 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.

Goldwind Science & Technology Co Total Inventories Chart

Goldwind Science & Technology 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 8,123.84 5,717.60 4,817.57 9,847.66 15,257.24

Goldwind Science & Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 9,847.66 11,630.41 14,779.06 17,513.12 15,257.24

Goldwind Science & Technology 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.


Goldwind Science & Technology Co  (SZSE:002202) 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.

Goldwind Science & Technology Co'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)
=(14945.184+0.75 * 25548.001+0.5 * 15257.242-103265.686
-0-2619.014)/4225.07
=-15.18

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

Goldwind Science & Technology Co's Days Inventory for the three 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
=16385.1795/17643.699*365 / 4
=84.74

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

Goldwind Science & Technology Co'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 )
=17643.699 / 16385.1795
=1.08

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.

Goldwind Science & Technology Co'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 )
=16385.1795 / 21137.979
=0.78

* 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.


Goldwind Science & Technology Co Total Inventories Related Terms

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Goldwind Science & Technology Co (SZSE:002202) Business Description

Address
No. 8 Boxing 1st Road, Economic and Technological Development District, Beijing, CHN, 100176
Goldwind Science & Technology Co Ltd manufactures, and markets wind turbines & other solutions. It has four segments. The wind turbine generator manufacturing & sale segment engages in research & development, manufacture & sale of wind turbine generators &bspare parts; the wind power services segment provides wind power construction, post-warranty service & asset management services; the wind farm development segment engages in the development of wind farms, which includes wind power generation service provided by the Group's wind farms & its sales; & the others segment mainly engages in the operation of water treatment plants under the service concession arrangements. The majority is from Wind turbine generator manufacturing & sale. Geographically, the key revenue is from China.

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