Techking Tires (BJSE:920020) Total Inventories: ¥164 Mil (As of Jun. 2026)

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BJSE:920020 Techking Tires Ltd BJSE:920020
18 GF Score
Price ¥14.69
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What is Techking Tires Total Inventories?

Techking Tires BJSE:920020 18 Total Inventories is ¥164 Mil as of Jun. 2026. GuruFocus rates BJSE:920020 with a GF Score™ of 18/100.

Techking Tires's total inventories for the quarter that ended in Jun. 2026 was ¥164 Mil. Techking Tires's average total inventories from the quarter that ended in Mar. 2026 to the quarter that ended in Jun. 2026 was ¥169 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Techking Tires's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was ¥2.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Techking Tires's Days Inventory for the three months ended in Jun. 2026 was 22.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Techking Tires's Inventory Turnover for the quarter that ended in Jun. 2026 was 4.11.

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. Techking Tires's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.20.


Techking Tires  (BJSE:920020) 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.

Techking Tires's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is

Net-Net Working Capital Per Share (Q: Jun. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(944.17238885+0.75 * 1009.42124938+0.5 * 164.4365252-1169.42079176
-0-0)/220.098004
=2.79

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

Techking Tires's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=169.311699445/695.98738334*365 / 4
=22.20

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

Techking Tires's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2026 ) / Average Total Inventories (Q: Jun. 2026 )
=695.98738334 / 169.311699445
=4.11

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.

Techking Tires's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=169.311699445 / 844.58583128
=0.20

* 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.


Techking Tires Total Inventories Related Terms


Techking Tires Total Inventories Historical Data

* Premium members only.

The historical data trend for Techking Tires'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.

Techking Tires Total Inventories Chart

Techking Tires Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Total Inventories
61.35 71.08 97.90 160.88

Techking Tires Quarterly Data
Dec24 Mar25 Mar26 Jun26
Total Inventories 97.90 0.00 174.19 164.44
BJSE:920020
18GF Score
Techking Tires Ltd BJSE:920020
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Techking Tires 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ¥164 Mil mean?
Techking Tires (BJSE:920020) has a Total Inventories of ¥164 Mil as of Jun. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Techking Tires and its competitors.
Is Techking Tires' Total Inventories too high?
Techking Tires' current Total Inventories is ¥164 Mil. Overall, Techking Tires has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Techking Tires' Total Inventories compare to ORLY and AZO?
Techking Tires' Total Inventories of ¥164 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Techking Tires and its competitors. Techking Tires's current Total Inventories is ¥164 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techking Tires stock overvalued right now?
Techking Tires (BJSE:920020) has a current Total Inventories of ¥164 Mil. The current Total Inventories is ¥164 Mil. Techking Tires' overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Techking Tires (BJSE:920020), the current Total Inventories is ¥164 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Techking Tires Business Description

Address Keyuanjingsan Road, Building 2, No. 6, Laoshan District, Qingdao, Shandong, CHN, 266061
Techking Tires Ltd is a company specializing in the design, development, sales, and service of tires for mining and construction equipment. The company offers various products and technical services, including tire manufacturing and rubber product sales. It also engages in technical consulting, development, and technology transfer, alongside import and export activities related to goods and technology. Techking serves both domestic and international markets with a focus on providing tires designed for specific applications, supported by an integrated product development system and localized marketing and service teams. The company aims to support the operational needs of the mining and construction industries by offering tailored tire solutions and related technical services.
18GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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