YCIH Green High-Performance Concrete Co (HKSE:01847) Total Inventories : HK$24 Mil (As of Dec. 2023)

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What is YCIH Green High-Performance Concrete Co Total Inventories?

YCIH Green High-Performance Concrete Co's total inventories for the quarter that ended in Dec. 2023 was HK$24 Mil. YCIH Green High-Performance Concrete Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$25 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. YCIH Green High-Performance Concrete Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. YCIH Green High-Performance Concrete Co's Days Inventory for the six months ended in Dec. 2023 was 6.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. YCIH Green High-Performance Concrete Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 27.10.

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. YCIH Green High-Performance Concrete Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

YCIH Green High-Performance Concrete Co Total Inventories Historical Data

The historical data trend for YCIH Green High-Performance Concrete 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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YCIH Green High-Performance Concrete Co Total Inventories Chart

YCIH Green High-Performance Concrete Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

52.83

36.64

33.63

26.97

24.45

YCIH Green High-Performance Concrete Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial								33.63	31.06	26.97	25.22	24.45

YCIH Green High-Performance Concrete 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.

YCIH Green High-Performance Concrete Co (HKSE:01847) 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.

YCIH Green High-Performance Concrete Co'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)
=	(86.523	+	0.75 * 4032.423	+	0.5 * 24.453	-	3429.617
-	0	-	88.077)	/	446.272
=	-0.88

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

YCIH Green High-Performance Concrete Co'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
	=	24.8385	/	673.101	*	365 / 2
	=	6.73

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

YCIH Green High-Performance Concrete Co'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 )
	=	673.101	/	24.8385
	=	27.10

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.

YCIH Green High-Performance Concrete Co'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 )
	=	24.8385	/	734.228
	=	0.03

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.

YCIH Green High-Performance Concrete Co Total Inventories Related Terms

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YCIH Green High-Performance Concrete Co (HKSE:01847) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » YCIH Green High-Performance Concrete Co Ltd (HKSE:01847) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

188 Linxi Road, 5th Floor and 9th Floor, YCIH Development Building, Information Industrial Base, Yunnan, Economic and Technological Development Zone, Kunming, CHN

Website

https://www.ynhnt.com

YCIH Green High-Performance Concrete Co Ltd is a ready-mixed concrete producer in China. It produces and supplies ready-mixed concrete and related construction materials as well as provides quality and technology management services to customers. The company generates revenue in the form of the sale of ready-mixed concrete, polycarboxylic admixtures, aggregates, and Quality & technology management service. All of its revenues come from Mainland China.

Executives

Hwabao Trust Co., Ltd	2301 Trustee
Hua An Ji Jin Yun Nan Jiao Tou Tou Zi Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Sheng Jiao Tong Tou Zi Jian She Ji Tuan You Xian Gong Si
Yun Nan Jiao Tou Ji Tuan Tou Zi You Xian Gong Si	2101 Beneficial owner
Hua An Ji Jin Yun Nong Ken Dan Yi Zi Chan Guan Li Ji Hua	2501 Other
Yun Nan Nong Ken Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Kun Ming Gang Tie Kong Gu You Xian Gong Si	2101 Beneficial owner
Yun Nan Sheng Gong Ye Tou Zi Kong Gu Ji Tuan You Xian Ze Ren Gong Si	2101 Beneficial owner
Hua An Ji Jin Guan Li You Xian Gong Si	2501 Other
Yunnan Provincial Energy Investment Group Co., Ltd	2201 Interest of corporation controlled by you
Yunnan Energy Investment (h K) Co. Limited	2101 Beneficial owner
China Resources (holdings) Company Limited	2201 Interest of corporation controlled by you
Zoomlion International Trading (h.k.) Co.,limited	2101 Beneficial owner
Zoomlion Heavy Industry Science And Technology Co.,limited	2201 Interest of corporation controlled by you
Zoomlion H.k. Holding Co., Limited	2201 Interest of corporation controlled by you

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