GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Guangri Stock Co Ltd (SHSE:600894) » Definitions » Total Inventories

Guangzhou Guangri Stock Co (SHSE:600894) Total Inventories : ¥1,225 Mil (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Guangzhou Guangri Stock Co Total Inventories?

Guangzhou Guangri Stock Co's total inventories for the quarter that ended in Sep. 2024 was ¥1,225 Mil. Guangzhou Guangri Stock Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥1,176 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Guangzhou Guangri Stock Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥1.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangzhou Guangri Stock Co's Days Inventory for the three months ended in Sep. 2024 was 72.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangzhou Guangri Stock Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.25.

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. Guangzhou Guangri Stock Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.68.


Guangzhou Guangri Stock Co Total Inventories Historical Data

The historical data trend for Guangzhou Guangri Stock 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.

Guangzhou Guangri Stock Co Total Inventories Chart

Guangzhou Guangri Stock 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 1,099.51 1,194.39 1,366.23 1,126.95 1,079.40

Guangzhou Guangri Stock 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 1,196.69 1,079.40 1,074.44 1,126.61 1,225.38

Guangzhou Guangri Stock 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.


Guangzhou Guangri Stock Co  (SHSE:600894) 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.

Guangzhou Guangri Stock 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)
=(4791.41+0.75 * 2302.365+0.5 * 1225.378-5790.209
-0-411.865)/873.859
=1.06

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

Guangzhou Guangri Stock 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
=1175.994/1472.237*365 / 4
=72.89

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

Guangzhou Guangri Stock 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 )
=1472.237 / 1175.994
=1.25

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.

Guangzhou Guangri Stock 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 )
=1175.994 / 1729.262
=0.68

* 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.


Guangzhou Guangri Stock Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Guangzhou Guangri Stock Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangzhou Guangri Stock Co Business Description

Traded in Other Exchanges
N/A
Address
No.59 Huali Road, 13th Floor, East Tower, Baoli Building, Zhujiang New Town, Guangzhou, CHN, 510623
Guangzhou Guangri Stock Co Ltd is a China-based company engaged in the elevator business. It is primarily involved in the elevator machine manufacturing and elevator parts production. Further, it is also involved in the logistics services.
Executives
Liang Ming Rong Director
Liu Qi Min Supervisors
Li Yi Jun Supervisors
Wu Yu Ying Director

Guangzhou Guangri Stock Co Headlines

No Headlines