Qilu Expressway Co (HKSE:01576) Total Inventories : HK$27 Mil (As of Dec. 2024)

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What is Qilu Expressway Co Total Inventories?

Qilu Expressway Co's total inventories for the quarter that ended in Dec. 2024 was HK$27 Mil. Qilu Expressway Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was HK$35 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Qilu Expressway Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-7.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qilu Expressway Co's Days Inventory for the six months ended in Dec. 2024 was 1.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qilu Expressway Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 117.14.

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. Qilu Expressway Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Qilu Expressway Co Total Inventories Historical Data

The historical data trend for Qilu Expressway 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.

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Qilu Expressway Co Total Inventories Chart

Qilu Expressway Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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4.60

4.80

19.38

47.85

27.45

Qilu Expressway Co Semi-Annual Data
	Dec15	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													19.38	24.02	47.85	42.37	27.45

Qilu Expressway 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.

Qilu Expressway Co (HKSE:01576) 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.

Qilu Expressway Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(235.705	+	0.75 * 573.818	+	0.5 * 27.449	-	15855.989
-	0	-	150.4)	/	2000.000
=	-7.66

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

Qilu Expressway Co's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	34.908	/	4089.087	*	365 / 2
	=	1.56

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

Qilu Expressway Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	4089.087	/	34.908
	=	117.14

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.

Qilu Expressway Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	34.908	/	4499.41
	=	0.01

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.

Qilu Expressway Co Total Inventories Related Terms

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Qilu Expressway Co Business Description

Industry

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Traded in Other Exchanges

Z5E:Germany

Address

No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN

Website

http://www.qlecl.com

Qilu Expressway Co Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.

Executives

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Zhong Xin Bao Cheng Ren Shou Bao Xian You Xian Gong Si
Zhong Guo Hai Yun Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Yuan Yang Hai Yun Ji Tuan You Xian Gong Si
Zhong Yuan Hai Yun Xiang Gang You Xian Gong Si
Shen Hua Guo Neng Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guo Neng Dian Li Ji Shu Gong Cheng You Xian Gong Si	2101 Beneficial owner
Guo Jia Neng Yuan Tou Zi Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Shan Dong Gao Su Ji Tuan You Xian Gong Si
Shan Dong Gao Su Gu Fen You Xian Gong Si	2101 Beneficial owner
Zhao Shang Ju Gong Lu Wang Luo Ke Ji Kong Gu Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Xin Sheng Rong You Xian Gong Si
Zhong Guo Zhong Xin Ji Tuan You Xian Gong Si

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