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China Geokon Instruments Co (BJSE:830879) Total Inventories : ¥72.2 Mil (As of Jun. 2024)


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What is China Geokon Instruments Co Total Inventories?

China Geokon Instruments Co's total inventories for the quarter that ended in Jun. 2024 was ¥72.2 Mil. China Geokon Instruments Co's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was ¥72.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Geokon Instruments Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ¥2.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Geokon Instruments Co's Days Inventory for the three months ended in Jun. 2024 was 189.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Geokon Instruments Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.48.

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. China Geokon Instruments Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.88.


China Geokon Instruments Co Total Inventories Historical Data

The historical data trend for China Geokon Instruments 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.

China Geokon Instruments Co Total Inventories Chart

China Geokon Instruments 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 58.51 45.21 58.89 75.31 74.53

China Geokon Instruments Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 78.74 78.95 74.53 73.09 72.23

China Geokon Instruments 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.


China Geokon Instruments Co  (BJSE:830879) 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.

China Geokon Instruments Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(148.545+0.75 * 311.513+0.5 * 72.233-98.918
-0-1.248)/139.498
=2.28

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

China Geokon Instruments Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=72.659/35.042*365 / 4
=189.21

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

China Geokon Instruments Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=35.042 / 72.659
=0.48

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.

China Geokon Instruments Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=72.659 / 82.274
=0.88

* 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.


China Geokon Instruments Co Total Inventories Related Terms

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China Geokon Instruments Co Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Caihefang Road,, Room 1111, Tianchuang Technology Building, Haidian District, Beijing, CHN, 100080
China Geokon Instruments Co Ltd is a tech enterprise engaged in the research and development, production and sales of intelligent monitoring terminals, as well as providing security monitoring IoT solutions and services. Its products are mainly used in engineering Safety monitoring and field environmental monitoring, hydropower stations, nuclear power stations, wind farms, oil and gas storage and transportation, water conservancy projects, subways, high-speed rails, bridges, tunnels, ports, municipal buildings, cultural relics, mines, geological disasters. It offers monitoring sensors, data acquisition equipment, and Safety Monitoring Management Software.

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