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Tederic Machinery Co (SHSE:603289) Total Inventories : ¥379 Mil (As of Dec. 2024)


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What is Tederic Machinery Co Total Inventories?

Tederic Machinery Co's total inventories for the quarter that ended in Dec. 2024 was ¥379 Mil. Tederic Machinery Co's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ¥345 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tederic Machinery Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ¥-0.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tederic Machinery Co's Days Inventory for the three months ended in Dec. 2024 was 158.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tederic Machinery Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.58.

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. Tederic Machinery Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.21.


Tederic Machinery Co Total Inventories Historical Data

The historical data trend for Tederic Machinery 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.

Tederic Machinery Co Total Inventories Chart

Tederic Machinery 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 267.68 285.24 328.32 322.99 311.90

Tederic Machinery Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 311.90 282.08 284.01 311.31 378.83

Tederic Machinery 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.


Tederic Machinery Co  (SHSE:603289) 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.

Tederic Machinery Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(877.354+0.75 * 420.191+0.5 * 378.829-1531.161
-0-0)/296.653
=-0.50

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

Tederic Machinery Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=345.0675/198.757*365 / 4
=158.42

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

Tederic Machinery Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=198.757 / 345.0675
=0.58

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.

Tederic Machinery Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=345.0675 / 286.123
=1.21

* 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.


Tederic Machinery Co Total Inventories Related Terms

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Tederic Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No. 245, North Wenze Road, Xiasha Street, Hangzhou Economic Technological Development Area, Zhejiang Province, Hangzhou, CHN, 310018
Tederic Machinery Co Ltd is an IMM turn-key solution supplier. Its product offering includes DT toggle system series, DH two-platen series, DE full-electric series and multi-components IMM. Its solutions are applied in auto parts and home appliance, industrial and civil products, logistics, utility tunnel and pipe fitting, food and medicine package and electronics and office automation.
Executives
Zhang Li Fang senior management
Zheng Jian Guo Director
He Ying Director
Shao Liang senior management
Wu Zhen Zhen Supervisors
Wu Jing Yang Director

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