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Yum China Holdings (Yum China Holdings) Total Inventories : $424 Mil (As of Dec. 2023)


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What is Yum China Holdings Total Inventories?

Yum China Holdings's total inventories for the quarter that ended in Dec. 2023 was $424 Mil. Yum China Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $422 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Yum China Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-6.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yum China Holdings's Days Inventory for the three months ended in Dec. 2023 was 17.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yum China Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.18.

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. Yum China Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.


Yum China Holdings Total Inventories Historical Data

The historical data trend for Yum China 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.

* Premium members only.

Yum China Holdings Total Inventories Chart

Yum China Holdings 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 380.00 398.00 432.00 417.00 424.00

Yum China Holdings 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 417.00 378.00 396.00 419.00 424.00

Yum China 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.


Yum China Holdings  (NYSE:YUMC) 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.

Yum China 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)
=(2600+0.75 * 68+0.5 * 424-4912
-0-714)/407.246
=-6.78

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

Yum China Holdings'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
=421.5/2184*365 / 4
=17.61

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

Yum China 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 )
=2184 / 421.5
=5.18

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.

Yum China 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 )
=421.5 / 2493
=0.17

* 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.


Yum China Holdings Total Inventories Related Terms

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Yum China Holdings (Yum China Holdings) Business Description

Traded in Other Exchanges
Address
20 Tian Yao Qiao Road, Yum China Building, Shanghai, CHN, 200030
With almost 13,000 units and USD 10 billion in systemwide sales in 2022, Yum China is the largest restaurant chain in China. It generates revenue through its own restaurants and franchise fees. Key concepts include KFC (9,094 units) and Pizza Hut (2,903), but the company's portfolio also includes other brands such as Little Sheep, East Dawning, Taco Bell, Huang Ji Huang, COFFii & Joy, and Lavazza (collectively representing about 950 units). Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to the company it separated from in October 2016.
Executives
Leila Zhang officer: Chief Technology Officer YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Joey Wat officer: Chief Executive Officer, KFC 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030
Warton Wang officer: General Manager, KFC YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
David L Hoffmann director MCDONALD'S APMEA, 1 KIM SENG PROMENADE, SINGAPORE U0 237995
Christina (xiaojing) Zhu director YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Peter A Bassi director 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Fred Hu director 28TH FLOOR, 28 HENNESSY ROAD, ADMIRALTY K3 852
William Wang Yang director 48/F CHINA WORLD TOWER 3, NO 1 JIAN GUO MEN WAI AVENUE, BEIJING F4 100004
Johnson Huang officer: Chief Info & Marketing Officer 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030
Duoduo (howard) Huang officer: Chief Supply Chain Officer YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Aiken Yuen officer: Chief People Officer 16/F TWO GRAND GATEWAY 3 HONG QIAO ROAD, SHANGHAI F4 200030
Alice H Wang officer: Vice President, Public Affairs 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030
Min (jenny) Zhang director YUM CHINA BUILDING, 20 TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Danny Tan officer: Chief Support Officer 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030
Angela Ai officer: Chief Development Officer 11F-20F, 2 GRAND GATEWAY, 3 HONGQIAO ROAD, SHANGHAI F4 200030