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Jangho Group Co (SHSE:601886) Total Inventories : ¥1,232 Mil (As of Mar. 2024)


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What is Jangho Group Co Total Inventories?

Jangho Group Co's total inventories for the quarter that ended in Mar. 2024 was ¥1,232 Mil. Jangho Group Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥1,139 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jangho Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-6.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jangho Group Co's Days Inventory for the three months ended in Mar. 2024 was 30.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jangho Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.02.

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. Jangho Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.28.


Jangho Group Co Total Inventories Historical Data

The historical data trend for Jangho Group 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.

Jangho Group Co Total Inventories Chart

Jangho Group 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 626.78 856.25 1,169.11 1,027.05 1,045.91

Jangho Group 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 1,157.22 1,009.41 953.98 1,045.91 1,231.99

Jangho Group 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.


Jangho Group Co  (SHSE:601886) 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.

Jangho Group 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)
=(3500.484+0.75 * 11437.813+0.5 * 1231.993-18289.804
-0-1293.673)/1133
=-6.08

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

Jangho Group 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
=1138.9515/3438.774*365 / 4
=30.22

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

Jangho Group 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 )
=3438.774 / 1138.9515
=3.02

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.

Jangho Group 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 )
=1138.9515 / 4085.889
=0.28

* 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.


Jangho Group Co Total Inventories Related Terms

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Jangho Group Co (SHSE:601886) Business Description

Traded in Other Exchanges
N/A
Address
No.5 Niuhui North Fifth Street, Shunyi District, Beijing, CHN
Jangho Group Co Ltd is a China based company operating in the field of green architectural decoration and health care. In the Architectural decoration, the company focuses on curtain wall and interior decoration (including design), and others. In the Health care field, the company focuses on ophthalmology, third-party testing, and community hospitals. It has a business presence in China and other international countries. The organization's brands are Jangho curtain wall, Sundart, Gangyuan decoration, Gangyuan Curtain wall, SLD, Vision and Zeming Eye hospital.
Executives
Liu Zai Wang Director
Xu Xing Li senior management
Wang Qi Feng Director
Jia De Hu senior management
Liu Zhong Yue senior management
Xiong Bao senior management
Zhou Han Ping senior management
Yu Jun senior management
Dai Jun senior management
Shi Ying Supervisors
Hu Peng Fei senior management
Chang Xi Zhe senior management
Huang Yong Jun Supervisors
Zhang Sheng senior management

Jangho Group Co (SHSE:601886) Headlines

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