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Yangtze Optical Fibre and Cable Joint Stock Co (FRA:1YO) Total Inventories : €400 Mil (As of Sep. 2024)


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What is Yangtze Optical Fibre and Cable Joint Stock Co Total Inventories?

Yangtze Optical Fibre and Cable Joint Stock Co's total inventories for the quarter that ended in Sep. 2024 was €400 Mil. Yangtze Optical Fibre and Cable Joint Stock Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was €410 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Yangtze Optical Fibre and Cable Joint Stock Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was €-1.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yangtze Optical Fibre and Cable Joint Stock Co's Days Inventory for the three months ended in Sep. 2024 was 121.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yangtze Optical Fibre and Cable Joint Stock Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.75.

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. Yangtze Optical Fibre and Cable Joint Stock Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.96.


Yangtze Optical Fibre and Cable Joint Stock Co Total Inventories Historical Data

The historical data trend for Yangtze Optical Fibre and Cable Joint Stock 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.

Yangtze Optical Fibre and Cable Joint Stock Co Total Inventories Chart

Yangtze Optical Fibre and Cable Joint Stock Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 293.83 383.92 427.71 377.75 416.56

Yangtze Optical Fibre and Cable Joint Stock Co Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 377.75 385.60 419.82 400.20 416.56

Yangtze Optical Fibre and Cable Joint Stock 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.


Yangtze Optical Fibre and Cable Joint Stock Co  (FRA:1YO) 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.

Yangtze Optical Fibre and Cable Joint Stock 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)
=(605.235+0.75 * 679.934+0.5 * 400.199-2013.127
-0-411.222)/757.905
=-1.46

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

Yangtze Optical Fibre and Cable Joint Stock 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
=410.0085/308.19*365 / 4
=121.40

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

Yangtze Optical Fibre and Cable Joint Stock 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 )
=308.19 / 410.0085
=0.75

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.

Yangtze Optical Fibre and Cable Joint Stock 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 )
=410.0085 / 426.105
=0.96

* 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.


Yangtze Optical Fibre and Cable Joint Stock Co Total Inventories Related Terms

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Yangtze Optical Fibre and Cable Joint Stock Co Business Description

Traded in Other Exchanges
Address
No. 9 Guanggu Avenue, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073
Yangtze Optical Fibre and Cable Joint Stock Ltd Co is engaged in the Chinese communication equipment industry. It manufactures and sells optical fiber preforms, optical fibers with various standard specifications that are widely used in the telecommunications industry. It operates its business through three operating segments, optical fibers and optical fiber preforms; and Optical components and modules, optical fiber cables. The manufacture and sale of optical fiber cables provide the company with majority of its revenue. Its other products comprise of trunk cables, patch cords, plug-and-play modules, optical distribution frames, pigtails, adapter panels, splitters, and connecting cabinets.

Yangtze Optical Fibre and Cable Joint Stock Co Headlines

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