Tuhu Car (HKSE:09690) Total Inventories : HK$2,262 Mil (As of Dec. 2024)

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What is Tuhu Car Total Inventories?

Tuhu Car's total inventories for the quarter that ended in Dec. 2024 was HK$2,262 Mil. Tuhu Car's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was HK$2,012 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tuhu Car's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-2.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tuhu Car's Days Inventory for the six months ended in Dec. 2024 was 60.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tuhu Car's Inventory Turnover for the quarter that ended in Dec. 2024 was 3.04.

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. Tuhu Car's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.25.

Tuhu Car Total Inventories Historical Data

The historical data trend for Tuhu Car'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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Tuhu Car Total Inventories Chart

Tuhu Car Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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1,758.63

2,098.14

1,722.59

1,968.58

2,262.06

Tuhu Car Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	Get a 7-Day Free Trial				1,722.59	1,552.69	1,968.58	1,762.53	2,262.06

Tuhu Car 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.

Tuhu Car (HKSE:09690) 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.

Tuhu Car'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)
=	(4750.383	+	0.75 * 241.418	+	0.5 * 2262.06	-	8475.032
-	0	-	-3.155)	/	833.062
=	-2.89

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

Tuhu Car'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
	=	2012.2955	/	6120.238	*	365 / 2
	=	60.00

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

Tuhu Car'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 )
	=	6120.238	/	2012.2955
	=	3.04

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.

Tuhu Car'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 )
	=	2012.2955	/	8149.042
	=	0.25

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.

Tuhu Car Total Inventories Related Terms

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Tuhu Car Business Description

Industry

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Address

1999 Yishan Road, 8th Floor Building 24, Minhang, Shanghai, CHN

Website

http://www.tuhu.cn

Tuhu Car Inc is one of the leading integrated online and offline platforms for automotive service in China. By providing a digitalized and on-demand service experience underpinned by its customer-centric model and streamlined supply chain, the company directly addresses car owners' diverse product and service needs, creating an automotive service platform consisting of car owners, suppliers, automotive service stores and other participants. Its platform serves most of the passenger vehicle models sold in China, fulfilling a wide spectrum of automotive service demands ranging from tires and chassis parts replacement to auto maintenance, repair, detailing, and more.

Executives

Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Chen Min	2501 Other
Nholresi Investment Limited	2101 Beneficial owner
Ilnewgnay Investment Limited	2201 Interest of corporation controlled by you
The Goldman Sachs Group, Inc.	2201 Interest of corporation controlled by you
Max Hope Limited
Ningbo Hongshan Binsheng Equity Investment Partnership (limited Partnership)
Ningbo Meishan Free Trade Port Hongshan Huanjia Investment Management Limited
Zhou Kui
Joy Capital Gp, Ltd	2201 Interest of corporation controlled by you
Fountainvest China Capital Partners Fund Iii, L.p.
Fountainvest China Capital Partners Gp3 Ltd.

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