GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sichuan Y and J Industries Co Ltd (BJSE:833943) » Definitions » Total Inventories

Sichuan Y and J Industries Co (BJSE:833943) Total Inventories : ¥187.5 Mil (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Sichuan Y and J Industries Co Total Inventories?

Sichuan Y and J Industries Co's total inventories for the quarter that ended in Sep. 2024 was ¥187.5 Mil. Sichuan Y and J Industries Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥175.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sichuan Y and J Industries Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sichuan Y and J Industries Co's Days Inventory for the three months ended in Sep. 2024 was 87.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Y and J Industries Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.05.

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. Sichuan Y and J Industries Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.69.


Sichuan Y and J Industries Co Total Inventories Historical Data

The historical data trend for Sichuan Y and J Industries 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.

Sichuan Y and J Industries Co Total Inventories Chart

Sichuan Y and J Industries 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 86.20 71.31 85.38 132.29 132.35

Sichuan Y and J Industries Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 152.56 132.35 151.38 162.81 187.49

Sichuan Y and J Industries 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.


Sichuan Y and J Industries Co  (BJSE:833943) 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.

Sichuan Y and J Industries Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(135.575+0.75 * 358.031+0.5 * 187.491-452.497
-0-79.494)/101.521
=-0.34

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

Sichuan Y and J Industries Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=175.152/183.044*365 / 4
=87.32

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

Sichuan Y and J Industries Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=183.044 / 175.152
=1.05

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.

Sichuan Y and J Industries Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=175.152 / 252.106
=0.69

* 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.


Sichuan Y and J Industries Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Sichuan Y and J Industries Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Sichuan Y and J Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Tianhong Road, High-tech Zone West District, Sichuan Province, Chengdu, CHN, 611731
Sichuan Y and J Industries Co Ltd is engaged in research and development, design, manufacture, and sales of customized mechanical equipment and parts. It mainly offers customized mechanical parts and components made by casting and machining processes for a variety of materials, including carbon steel, alloy steel, stainless steel, grey iron, and ductile iron. Utilizing both sand casting and investment casting processes. The firm provides a wide range of products including Valve Parts, Crusher Parts, Mining Equipment Parts, Metallurgical Equipment Parts, Cylinder Parts, and Other Miscellaneous parts.

Sichuan Y and J Industries Co Headlines

No Headlines