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Shenzhen Gas (SHSE:601139) Total Inventories : ¥998 Mil (As of Mar. 2025)


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What is Shenzhen Gas Total Inventories?

Shenzhen Gas's total inventories for the quarter that ended in Mar. 2025 was ¥998 Mil. Shenzhen Gas's average total inventories from the quarter that ended in Dec. 2024 to the quarter that ended in Mar. 2025 was ¥1,050 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shenzhen Gas's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-7.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Gas's Days Inventory for the three months ended in Mar. 2025 was 14.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Gas's Inventory Turnover for the quarter that ended in Mar. 2025 was 6.20.

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. Shenzhen Gas's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.14.


Shenzhen Gas Total Inventories Historical Data

The historical data trend for Shenzhen Gas'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.

Shenzhen Gas Total Inventories Chart

Shenzhen Gas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 354.58 1,396.11 2,264.85 1,948.10 1,101.02

Shenzhen Gas Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,519.90 1,378.04 1,187.76 1,101.02 997.99

Shenzhen Gas 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.


Shenzhen Gas  (SHSE:601139) 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.

Shenzhen Gas's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 is

Net-Net Working Capital Per Share (Q: Mar. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4683.494+0.75 * 4733.385+0.5 * 997.985-26498.735
-0-2803.82)/2876.741
=-7.15

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

Shenzhen Gas's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=1049.503/6509.156*365 / 4
=14.71

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

Shenzhen Gas's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=6509.156 / 1049.503
=6.20

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.

Shenzhen Gas's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=1049.503 / 7513.036
=0.14

* 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.


Shenzhen Gas Total Inventories Related Terms

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Shenzhen Gas Business Description

Traded in Other Exchanges
N/A
Address
Mei Road 268, Futian District, Guangdong Province, Shenzhen, CHN, 518049
Shenzhen Gas Corp Ltd is engaged in urban pipeline gas supply, liquefied petroleum gas wholesale, and bottled liquefied petroleum gas retail activities in China and internationally. It serves approximately 2.54 million pipeline gas customers. The company also holds rights for pipeline gas business in around 29 cities under the Shenzhen gas brand.
Executives
Zhuo Fan Directors, senior managers
Wang Wen Jie Director
Liu Zhao Yan senior management
Guo Jia Jing senior management
Yang Jin Biao Supervisors
Liu Qiu Hui Director
Yang Guang senior management
Xue Bo senior management
Li Zhen Director
Zhang Wen He senior management
Chen Qiu Xiong Director
Sun Ping Gui senior management
Ou Da Jiang Director
Li Qing Ping senior management

Shenzhen Gas Headlines

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