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Ningbo Yunsheng Co (SHSE:600366) Total Inventories : ¥1,480 Mil (As of Sep. 2024)


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What is Ningbo Yunsheng Co Total Inventories?

Ningbo Yunsheng Co's total inventories for the quarter that ended in Sep. 2024 was ¥1,480 Mil. Ningbo Yunsheng Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥1,521 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ningbo Yunsheng Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ningbo Yunsheng Co's Days Inventory for the three months ended in Sep. 2024 was 118.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Yunsheng Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.77.

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. Ningbo Yunsheng Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.13.


Ningbo Yunsheng Co Total Inventories Historical Data

The historical data trend for Ningbo Yunsheng 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.

Ningbo Yunsheng Co Total Inventories Chart

Ningbo Yunsheng 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 739.41 1,012.52 2,248.76 2,875.31 1,676.35

Ningbo Yunsheng Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,789.05 1,676.35 1,556.67 1,561.55 1,479.86

Ningbo Yunsheng 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.


Ningbo Yunsheng Co  (SHSE:600366) 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.

Ningbo Yunsheng Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1596.455+0.75 * 1954.628+0.5 * 1479.858-3038.559
-0-34.435)/1099.88
=0.66

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

Ningbo Yunsheng Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=1520.7055/1174.11*365 / 4
=118.19

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

Ningbo Yunsheng Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=1174.11 / 1520.7055
=0.77

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.

Ningbo Yunsheng Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=1520.7055 / 1346.839
=1.13

* 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.


Ningbo Yunsheng Co Total Inventories Related Terms

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Ningbo Yunsheng Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Yangfan Road, New and High-Technology Development Zone, Ningbo, Zhejiang, CHN, 315040
Ningbo Yunsheng Co Ltd is engaged in the research and development, manufacture, and sale of rare earth permanent magnet materials. Its products include Radiation ring splicing assembly, Plane rotor assembly, Laminated magnetic steel assembly, Permanent magnet rotor assembly for servo motor. Its products are widely used in electronic information, industrial equipment, automotive, medical and other fields which are exported to Europe, the United States and Southeast Asian countries and regions.
Executives
Lin Sen You Supervisors
Pan Yong Ming Supervisors
Mao Ying Cai Directors, senior managers
Wu Jia Hao Director
Xiang Chao Lin Director
Zhu Shi Dong Director
Zhang Jia Hua senior management
Wang Gang Supervisors
Zhu Xiao Dong Director
Xu Wen Zheng Director
Chen Xin Sheng senior management
Fu Jian Jie Director
Yang Qing Zhong senior management
Guo Zheng Lun Supervisors
Tu Shi Xiong senior management

Ningbo Yunsheng Co Headlines

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