Edianyun (HKSE:02416) Total Inventories : HK$2 Mil (As of Jun. 2024)

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What is Edianyun Total Inventories?

Edianyun's total inventories for the quarter that ended in Jun. 2024 was HK$2 Mil. Edianyun's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Edianyun's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-2.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Edianyun's Days Inventory for the six months ended in Jun. 2024 was 0.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Edianyun's Inventory Turnover for the quarter that ended in Jun. 2024 was 234.95.

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. Edianyun's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Edianyun Total Inventories Historical Data

The historical data trend for Edianyun'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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Edianyun Total Inventories Chart

Edianyun Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

5.29

4.76

4.39

1.75

Edianyun Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial			-	4.39	4.54	1.75	1.64

Edianyun 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.

Edianyun (HKSE:02416) 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.

Edianyun'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)
=	(690.448	+	0.75 * 279.094	+	0.5 * 1.636	-	2156.007
-	0	-	0)	/	578.525
=	-2.17

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

Edianyun'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
	=	1.695	/	398.232	*	365 / 2
	=	0.78

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

Edianyun'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 )
	=	398.232	/	1.695
	=	234.95

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.

Edianyun'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 )
	=	1.695	/	696.403
	=	0.00

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.

Edianyun Total Inventories Related Terms

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Edianyun Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edianyun Ltd (HKSE:02416) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.41 Xixiaokou Road, Yidianyun Building, Haidian District, Beijing, CHN

Website

https://www.edianyun.com

Edianyun Ltd is an investment holding company and the Group is principally engaged in providing office Internet Technology (IT) integrated solutions to small- and medium-sized enterprises in the PRC. It mainly competes in the office IT integrated solution to market, a fast-growing segment whose penetration rate in the enterprise office IT service market increased from 0.3% in 2017 to 3.3% in 2021, The company mainly generated revenue from pay-as-you-go office IT integrated solutions, sales of devices, and SaaS and other services.

Executives

Mpc Iv L.p.	2101 Beneficial owner
Jpc Edianzu Holdings Limited	2103 Interests held jointly with another person
Tian Jin Hua Qing Hong Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Kuai Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Yu Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Ji Pengcheng	2101 Beneficial owner
Zb Edianzu Holdings Limited	2103 Interests held jointly with another person
Zhang Bin	2103 Interests held jointly with another person
Silver Unicorn Ventures Limited	2201 Interest of corporation controlled by you
Talented Ventures Iii Limited	2101 Beneficial owner
Shunwei China Internet Fund Iii, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp Limited	2201 Interest of corporation controlled by you
Koh Tuck Lye	2201 Interest of corporation controlled by you
Tian Jin Tong Run Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you

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