Wuhan Youji Holdings (HKSE:02881) Total Inventories : HK$296 Mil (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Wuhan Youji Holdings Total Inventories?

Wuhan Youji Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$296 Mil. Wuhan Youji Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$304 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wuhan Youji Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-14.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wuhan Youji Holdings's Days Inventory for the six months ended in Jun. 2024 was 35.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wuhan Youji Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 5.18.

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. Wuhan Youji Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.17.

Wuhan Youji Holdings Total Inventories Historical Data

The historical data trend for Wuhan Youji Holdings'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.

Wuhan Youji Holdings Total Inventories Chart

Wuhan Youji Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

374.22

357.89

312.09

Wuhan Youji Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Total Inventories	374.22	357.89	-	312.09	296.23

Wuhan Youji Holdings 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.

Wuhan Youji Holdings (HKSE:02881) 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.

Wuhan Youji Holdings'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)
=	(222.856	+	0.75 * 184.492	+	0.5 * 296.229	-	1856.38
-	0	-	0)	/	93.300
=	-14.44

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

Wuhan Youji Holdings'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
	=	304.16	/	1576.578	*	365 / 2
	=	35.21

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

Wuhan Youji Holdings'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 )
	=	1576.578	/	304.16
	=	5.18

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.

Wuhan Youji Holdings'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 )
	=	304.16	/	1777.543
	=	0.17

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.

Wuhan Youji Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of Wuhan Youji Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Wuhan Youji Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wuhan Youji Holdings Ltd (HKSE:02881) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

Chemical Second Road, No. 1, Wuhan Chemical Industrial Park, Qingshan District, Hubei, Wuhan, CHN

Website

http://www.chinaorganic.com

Wuhan Youji Holdings Ltd is a toluene derivative products provider in the PRC. It is focusing on the manufacture of toluene oxidation and chlorination products, benzoic acid ammonification products and other fine chemical products through organic synthesis process. Toluene derivative products are primarily used for food preservatives, household chemicals, animal feed acidifier and synthetic intermediates for agrochemical and pharmaceutical uses. It sells its products in over 70 countries.

Executives

Gao Lei	2201 Interest of corporation controlled by you
Vastocean Capital Limited	2101 Beneficial owner
Shen Yingming	2201 Interest of corporation controlled by you
Sym Holdings Limited	2101 Beneficial owner
Custodian Capital Ltd.	2306 Nominee for another person

Wuhan Youji Holdings Headlines

No Headlines