Grand Baoxin Auto Group (HKSE:01293) Total Inventories : HK$3,913 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Grand Baoxin Auto Group Total Inventories?

Grand Baoxin Auto Group's total inventories for the quarter that ended in Dec. 2023 was HK$3,913 Mil. Grand Baoxin Auto Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$3,851 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Grand Baoxin Auto Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-4.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grand Baoxin Auto Group's Days Inventory for the six months ended in Dec. 2023 was 41.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grand Baoxin Auto Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.42.

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. Grand Baoxin Auto Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.22.

Grand Baoxin Auto Group Total Inventories Historical Data

The historical data trend for Grand Baoxin Auto Group'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.

Grand Baoxin Auto Group Total Inventories Chart

Grand Baoxin Auto Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

3,898.66

4,664.22

3,407.11

3,599.16

3,913.16

Grand Baoxin Auto Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															3,407.11	4,411.03	3,599.16	3,789.19	3,913.16

Grand Baoxin Auto Group 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.

Grand Baoxin Auto Group (HKSE:01293) 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.

Grand Baoxin Auto Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(354.691	+	0.75 * 835.778	+	0.5 * 3913.16	-	16797.842
-	0	-	-28.096)	/	2837.51
=	-4.87

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

Grand Baoxin Auto Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3851.1755	/	17008.301	*	365 / 2
	=	41.32

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

Grand Baoxin Auto Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	17008.301	/	3851.1755
	=	4.42

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.

Grand Baoxin Auto Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3851.1755	/	17431.521
	=	0.22

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.

Grand Baoxin Auto Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Grand Baoxin Auto Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Grand Baoxin Auto Group (HKSE:01293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Grand Baoxin Auto Group Ltd (HKSE:01293) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

GBXXY:USA

Address

No. 3998 Hongxin Road, Grand Baoxin Building, Minhang District, Shanghai, CHN

Website

http://www.klbaoxin.com

Grand Baoxin Auto Group Ltd is an automobile sales and service group which focuses on mid-and-high end brands as well as luxury and ultra-luxury brands. It has only one reportable segment being the Sale of Motor Vehicles and the Provision of Related Services. The company offers a full range of integrated services, providing a range of services including new car sales, after-sales maintenance, auto beauty modification, used car sales, auto insurance business, auto parts sales, and other automotive-related product sales. The company's car brand portfolio comprises of Audi, Jaguar Land Rover, Volvo, Cadillac, Chrysler, Alfa Romeo, Porsche, Rolls Royce, and others. The company operates in Mainland China.

Grand Baoxin Auto Group (HKSE:01293) Headlines

No Headlines