Tsaker New Energy Tech Co (HKSE:01986) Total Inventories : HK$312 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Tsaker New Energy Tech Co Total Inventories?

Tsaker New Energy Tech Co's total inventories for the quarter that ended in Dec. 2023 was HK$312 Mil. Tsaker New Energy Tech Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$309 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tsaker New Energy Tech Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tsaker New Energy Tech Co's Days Inventory for the six months ended in Dec. 2023 was 55.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tsaker New Energy Tech Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.28.

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. Tsaker New Energy Tech Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.26.

Tsaker New Energy Tech Co Total Inventories Historical Data

The historical data trend for Tsaker New Energy Tech 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.

Tsaker New Energy Tech Co Total Inventories Chart

Tsaker New Energy Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

305.13

210.76

319.42

304.59

312.08

Tsaker New Energy Tech Co 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															319.42	278.69	304.59	305.44	312.08

Tsaker New Energy Tech 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.

Tsaker New Energy Tech Co (HKSE:01986) 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.

Tsaker New Energy Tech 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)
=	(328.484	+	0.75 * 374.632	+	0.5 * 312.084	-	1530.049
-	0	-	174.301)	/	996.712
=	-0.94

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

Tsaker New Energy Tech 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
	=	308.761	/	1013.562	*	365 / 2
	=	55.59

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

Tsaker New Energy Tech 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 )
	=	1013.562	/	308.761
	=	3.28

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.

Tsaker New Energy Tech 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 )
	=	308.761	/	1169.314
	=	0.26

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.

Tsaker New Energy Tech Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Tsaker New Energy Tech Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Tsaker New Energy Tech Co (HKSE:01986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tsaker New Energy Tech Co Ltd (HKSE:01986) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yard 109, Jinghai 3rd Road, 1st Floor, Building 10, Beijing Economic-Technological Development Area, Beijing, CHN, 100020

Website

http://www.tsaker.com

Tsaker New Energy Tech Co Ltd formerly Tsaker Chemical Group Ltd is a manufacturer of dye intermediates, pigment intermediates, battery materials and agricultural chemical intermediates in China. Its operating segments include Dye and agricultural chemical intermediates, Pigment intermediates, Environmental technology consultancy services, and Battery materials. Geographically, it derives the majority of revenue from Mainland China and has a presence in India, Germany, the United States, Taiwan, Spain, Indonesia, Brazil, Italy, Japan, Korea, Turkey, and Other Countries.

Executives

Ge Yi
Hero Time Ventures Limited
Qi Lin
Radiant Pearl Holdings Limited
Star Path Ventures Limited
Cavalli Enterprises Inc.
Ge Chenghui
Ge Chengyu
Hero Time Corporate Management Pte. Ltd.
Star Path Corporate Management Pte. Ltd.

Tsaker New Energy Tech Co (HKSE:01986) Headlines

No Headlines