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Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Total Inventories : ¥1,605 Mil (As of Mar. 2024)


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What is Shandong Huatai Paper Industry Shareholding Co Total Inventories?

Shandong Huatai Paper Industry Shareholding Co's total inventories for the quarter that ended in Mar. 2024 was ¥1,605 Mil. Shandong Huatai Paper Industry Shareholding Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥1,633 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shandong Huatai Paper Industry Shareholding Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-1.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandong Huatai Paper Industry Shareholding Co's Days Inventory for the three months ended in Mar. 2024 was 48.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Huatai Paper Industry Shareholding Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.90.

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. Shandong Huatai Paper Industry Shareholding Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.


Shandong Huatai Paper Industry Shareholding Co Total Inventories Historical Data

The historical data trend for Shandong Huatai Paper Industry Shareholding 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.

Shandong Huatai Paper Industry Shareholding Co Total Inventories Chart

Shandong Huatai Paper Industry Shareholding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,240.33 1,297.79 1,725.05 1,729.04 1,660.52

Shandong Huatai Paper Industry Shareholding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,695.17 1,798.37 1,459.75 1,660.52 1,604.92

Shandong Huatai Paper Industry Shareholding 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.


Shandong Huatai Paper Industry Shareholding Co  (SHSE:600308) 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.

Shandong Huatai Paper Industry Shareholding Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2309.96+0.75 * 1144.71+0.5 * 1604.916-6166.999
-0-35.656)/1516.87
=-1.47

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

Shandong Huatai Paper Industry Shareholding Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1632.7185/3094.393*365 / 4
=48.15

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

Shandong Huatai Paper Industry Shareholding Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=3094.393 / 1632.7185
=1.90

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.

Shandong Huatai Paper Industry Shareholding Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1632.7185 / 3433.978
=0.48

* 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.


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.


Shandong Huatai Paper Industry Shareholding Co Total Inventories Related Terms

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Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Business Description

Traded in Other Exchanges
N/A
Address
Dawang Town, Guangrao County, Shandong Province, Dongying, CHN, 257335
Shandong Huatai Paper Industry Shareholding Co Ltd is engaged in the manufacture and distribution of paper products and related chemical products. The groups main products are high-grade newspaper, high-grade coated paper, double adhesive tape, light adhesive tape, new textbook paper, super pressure More than 100 kinds of papers such as glossy paper, electrostatic copy paper and household paper, and more than 20 kinds of chemical products such as liquid chlorine, caustic soda and hydrogen peroxide. Geographically it operates through the region of China.
Executives
Sun Ya Jun senior management
Wei Wen Guang Director
Chi Yu Xiang senior management
Li Gang Director
Li Xiao Liang Director
Wei Li Jun Director
Xie Shi Bing Supervisors
Li Li Supervisors
Zhu Wan Liang Director
Zhang Feng Shan Supervisors
Ren Wen Tao Supervisors
Li Guo Shun Director
Chen Guo Ying senior management
Zhu Yan Ming Supervisors
Li Jian Hua Director

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