GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Beijing Oriental Yuhong Waterproof Technology Co Ltd (SZSE:002271) » Definitions » Total Inventories

Beijing Oriental Yuhong Waterproof Technology Co (SZSE:002271) Total Inventories

: ¥2,511 Mil (As of Dec. 2023)
View and export this data going back to 2008. Start your Free Trial

Beijing Oriental Yuhong Waterproof Technology Co's total inventories for the quarter that ended in Dec. 2023 was ¥2,511 Mil. Beijing Oriental Yuhong Waterproof Technology Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was ¥2,235 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Beijing Oriental Yuhong Waterproof Technology Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ¥-1.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Oriental Yuhong Waterproof Technology Co's Days Inventory for the three months ended in Dec. 2023 was 35.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Oriental Yuhong Waterproof Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.57.

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. Beijing Oriental Yuhong Waterproof Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.


Beijing Oriental Yuhong Waterproof Technology Co Total Inventories Historical Data

The historical data trend for Beijing Oriental Yuhong Waterproof 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.

Beijing Oriental Yuhong Waterproof Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,226.78 1,199.14 1,420.55 1,574.78 2,510.64

Beijing Oriental Yuhong Waterproof 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 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 Premium Member Only Premium Member Only Premium Member Only 1,574.78 1,934.52 1,834.83 1,959.74 2,510.64

Beijing Oriental Yuhong Waterproof 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.


Beijing Oriental Yuhong Waterproof Technology Co  (SZSE:002271) 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.

Beijing Oriental Yuhong Waterproof 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)
=(9755.401+0.75 * 9568.036+0.5 * 2510.642-22467.185
-0-332.794)/2511.761
=-1.84

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

Beijing Oriental Yuhong Waterproof 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
=2235.1925/5745.041*365 / 4
=35.50

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

Beijing Oriental Yuhong Waterproof 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 )
=5745.041 / 2235.1925
=2.57

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.

Beijing Oriental Yuhong Waterproof 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 )
=2235.1925 / 7462.278
=0.30

* 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.


Beijing Oriental Yuhong Waterproof Technology Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Beijing Oriental Yuhong Waterproof Technology Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Beijing Oriental Yuhong Waterproof Technology Co (SZSE:002271) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Shunping Road, Shaling Section, Shunyi District, Beijing, CHN, 100123
Beijing Oriental Yuhong Waterproof Technology Co Ltd is engaged in the research and production of waterproofing solution systems. The company offers bituminous and SAM self-adhesive waterproof sheet materials; synthetic macromolecule sheet materials; waterproof coatings; and rigid waterproof, system support, and sealing materials. The solutions are offered to construction projects, industrial buildings, civil buildings and commercial buildings. Oriental Yuhong has also invested in many other fields such as non-woven fabrics, building energy efficiency, mortar, and energy and chemical industry. Geographically the activities are carried out through China.

Beijing Oriental Yuhong Waterproof Technology Co (SZSE:002271) Headlines

No Headlines