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Sinofert Holdings (FRA:WCQ1) Total Inventories : €438 Mil (As of Jun. 2024)


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What is Sinofert Holdings Total Inventories?

Sinofert Holdings's total inventories for the quarter that ended in Jun. 2024 was €438 Mil. Sinofert Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was €584 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sinofert Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinofert Holdings's Days Inventory for the six months ended in Jun. 2024 was 69.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinofert Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.64.

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. Sinofert Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.33.


Sinofert Holdings Total Inventories Historical Data

The historical data trend for Sinofert 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.

Sinofert Holdings Total Inventories Chart

Sinofert Holdings 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 669.12 667.16 768.13 729.94 685.38

Sinofert Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 768.13 557.55 729.94 437.76 685.38

Sinofert 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.


Sinofert Holdings  (FRA:WCQ1) 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.

Sinofert Holdings'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)
=(604.024+0.75 * 32.938+0.5 * 437.756-1197.284
-0-30.35)/7024.456
=-0.05

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

Sinofert Holdings's Days Inventory for the six 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
=583.8455/1539.002*365 / 2
=69.23

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

Sinofert Holdings'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 )
=1539.002 / 583.8455
=2.64

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.

Sinofert Holdings'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 )
=583.8455 / 1751.903
=0.33

* 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.


Sinofert Holdings Total Inventories Related Terms

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Sinofert Holdings Business Description

Traded in Other Exchanges
Address
1 Harbour Road, Units 4705, 47th Floor, Office Tower, Convention Plaza, Wanchai, Hong Kong, HKG
Sinofert Holdings Ltd is an investment holding company engaged in the manufacturing and selling of fertilizers and related products. The company operates in two segments: Basic Business Segment, Growth Segment, and Production Segment. The Basic Business Segment is responsible for the procurement and sales of potash fertilizer, phosphate fertilizer, and sulphur. The Growth Segment is responsible for the production, procurement, and sales of Bio-compound fertilizers, special fertilizers, crop protection, and seeds. The Production Segment is responsible for the production and sales of fertilizers and MCP/DCP. The majority of its revenue comes from the Basic Business segment. Geographically, the company generates the majority of its revenue from Mainland China.

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