GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dalian Bio-Chem Co Ltd (SHSE:603360) » Definitions » Total Inventories

Dalian Bio-Chem Co (SHSE:603360) Total Inventories : ¥149 Mil (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Dalian Bio-Chem Co Total Inventories?

Dalian Bio-Chem Co's total inventories for the quarter that ended in Sep. 2024 was ¥149 Mil. Dalian Bio-Chem Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥141 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dalian Bio-Chem Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dalian Bio-Chem Co's Days Inventory for the three months ended in Sep. 2024 was 77.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dalian Bio-Chem Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.17.

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. Dalian Bio-Chem Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.45.


Dalian Bio-Chem Co Total Inventories Historical Data

The historical data trend for Dalian Bio-Chem 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.

Dalian Bio-Chem Co Total Inventories Chart

Dalian Bio-Chem 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 95.23 106.11 186.73 181.04 206.94

Dalian Bio-Chem 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 173.87 206.94 147.89 133.20 148.58

Dalian Bio-Chem 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.


Dalian Bio-Chem Co  (SHSE:603360) 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.

Dalian Bio-Chem 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)
=(418.18+0.75 * 234.809+0.5 * 148.581-288.551
-0-0)/504.445
=0.75

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

Dalian Bio-Chem 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
=140.8925/165.147*365 / 4
=77.85

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

Dalian Bio-Chem 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 )
=165.147 / 140.8925
=1.17

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.

Dalian Bio-Chem 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 )
=140.8925 / 312.713
=0.45

* 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.


Dalian Bio-Chem Co Total Inventories Related Terms

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


Dalian Bio-Chem Co Business Description

Traded in Other Exchanges
N/A
Address
No.18, Mubai Road, Songmudao Chemical Industrial Park, Puwan New District, Liaoning Province, Dalian, CHN, 116007
Dalian Bio-Chem Co Ltd is a chemical manufacturing company. It is engaged in manufacturing of bactericides, antiseptics and fungicides for different industrial applications including water treatment, coatings, construction materials and among others. The company's products are used in the fields of paper and pulping, water treatment, metal working fluid, plastics, paints and coatings, marine paints, wood preservations, leather treatment, cosmetics, personal care, oil-field, textiles and dye, fiber, carpets, and construction and building materials.

Dalian Bio-Chem Co Headlines

No Headlines