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CETC Digital Technology Co (SHSE:600850) Total Inventories : ¥3,821 Mil (As of Sep. 2024)


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What is CETC Digital Technology Co Total Inventories?

CETC Digital Technology Co's total inventories for the quarter that ended in Sep. 2024 was ¥3,821 Mil. CETC Digital Technology Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥3,888 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CETC Digital Technology Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-1.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CETC Digital Technology Co's Days Inventory for the three months ended in Sep. 2024 was 173.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. CETC Digital Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.52.

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. CETC Digital Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.50.


CETC Digital Technology Co Total Inventories Historical Data

The historical data trend for CETC Digital Technology 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.

CETC Digital Technology Co Total Inventories Chart

CETC Digital Technology 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 3,130.10 2,936.29 3,624.79 3,758.19 3,613.32

CETC Digital Technology 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 3,462.73 3,613.32 4,175.52 3,955.90 3,820.66

CETC Digital Technology 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.


CETC Digital Technology Co  (SHSE:600850) 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.

CETC Digital Technology 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)
=(1057.95+0.75 * 2057.814+0.5 * 3820.663-5706.601
-0-118.768)/682.421
=-1.93

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

CETC Digital Technology 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
=3888.279/2039.261*365 / 4
=173.99

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

CETC Digital Technology 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 )
=2039.261 / 3888.279
=0.52

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.

CETC Digital Technology 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 )
=3888.279 / 2586.641
=1.50

* 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.


CETC Digital Technology Co Total Inventories Related Terms

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CETC Digital Technology Co Business Description

Traded in Other Exchanges
N/A
Address
1485 Jialuo Road, 6th Floor, Building 43, Jiading District, Shanghai, CHN, 200233
CETC Digital Technology Co Ltd is engaged in the development of information systems and software engineering in China. It is also involved in the design, installation, and construction of computer hardware, communication equipment, electronics, integrated system equipment systems integration, network engineering, software engineering and electronic engineering. Its product and services include Data Center Product Solution, Cloud product solutions, and Cloud service management. The company distributes its products within domestic and overseas markets.
Executives
Xing Mao Teng senior management
Zhang Hong Director
Chen Jian Ping senior management
Duan Li Feng senior management
Ma Zhuang senior management
Hou Zhi Ping senior management
Zhang Wei Min Directors, senior managers
Mou Yun Jie senior management
Lin Jian Min Director
Zhang Jie Supervisors
Sun Wei Li senior management
Yang Zhi Hua senior management
Guo Wen Qi Director
Shen Quan Gen Director
Chen Gang Supervisors

CETC Digital Technology Co Headlines

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