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Chongqing Qin'an M&E (SHSE:603758) Total Inventories : ¥225 Mil (As of Dec. 2024)


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What is Chongqing Qin'an M&E Total Inventories?

Chongqing Qin'an M&E's total inventories for the quarter that ended in Dec. 2024 was ¥225 Mil. Chongqing Qin'an M&E's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ¥224 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chongqing Qin'an M&E's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ¥2.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chongqing Qin'an M&E's Days Inventory for the three months ended in Dec. 2024 was 66.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Qin'an M&E's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.37.

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. Chongqing Qin'an M&E's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.55.


Chongqing Qin'an M&E Total Inventories Historical Data

The historical data trend for Chongqing Qin'an M&E'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.

Chongqing Qin'an M&E Total Inventories Chart

Chongqing Qin'an M&E 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 219.28 291.56 272.65 274.01 224.73

Chongqing Qin'an M&E 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 274.01 281.15 256.14 223.61 224.73

Chongqing Qin'an M&E 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.


Chongqing Qin'an M&E  (SHSE:603758) 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.

Chongqing Qin'an M&E'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)
=(1163.692+0.75 * 339.948+0.5 * 224.734-500.378
-0-0)/438.797
=2.35

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

Chongqing Qin'an M&E'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
=224.173/307.862*365 / 4
=66.44

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

Chongqing Qin'an M&E'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 )
=307.862 / 224.173
=1.37

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.

Chongqing Qin'an M&E'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 )
=224.173 / 406.964
=0.55

* 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.


Chongqing Qin'an M&E Total Inventories Related Terms

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Chongqing Qin'an M&E Business Description

Traded in Other Exchanges
N/A
Address
No. 701, Lanmei Road, Jiulongpo District, Chongqing, CHN, 400039
Chongqing Qin'an M&E PLC is a Chinese supplier of automotive powertrain engine key parts and transmission complicated parts. It is an integrated auto parts for casting and machining manufacturer company. The company's products range from cylinder head, cylinder block (Aluminum and Iron), crankshaft to transmission case and convert housing.
Executives
Director
Luo Xiao Chuan Director
Zhang Mao Liang Supervisors
Yu Yang Director
Liu Hong Qing Director
Sun De Shan Director
Liu Shu Jun senior management
Huang An Lin senior management
Zhou Bin Director
Xu Zheng senior management
Zhang Hua Ming Director
Tang Ya Dong Director
Yang Ying Supervisors
Yan Zheng Gang Supervisors

Chongqing Qin'an M&E Headlines

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