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Silvery Dragon Prestressed Materials Co Tianjin (SHSE:603969) Total Inventories : ¥387 Mil (As of Dec. 2024)


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What is Silvery Dragon Prestressed Materials Co Tianjin Total Inventories?

Silvery Dragon Prestressed Materials Co Tianjin's total inventories for the quarter that ended in Dec. 2024 was ¥387 Mil. Silvery Dragon Prestressed Materials Co Tianjin's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ¥392 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Silvery Dragon Prestressed Materials Co Tianjin's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ¥0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silvery Dragon Prestressed Materials Co Tianjin's Days Inventory for the three months ended in Dec. 2024 was 46.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Silvery Dragon Prestressed Materials Co Tianjin's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.96.

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. Silvery Dragon Prestressed Materials Co Tianjin's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.46.


Silvery Dragon Prestressed Materials Co Tianjin Total Inventories Historical Data

The historical data trend for Silvery Dragon Prestressed Materials Co Tianjin'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.

Silvery Dragon Prestressed Materials Co Tianjin Total Inventories Chart

Silvery Dragon Prestressed Materials Co Tianjin 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 375.81 373.86 399.00 486.28 386.52

Silvery Dragon Prestressed Materials Co Tianjin 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 486.28 530.83 436.73 397.22 386.52

Silvery Dragon Prestressed Materials Co Tianjin 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.


Silvery Dragon Prestressed Materials Co Tianjin  (SHSE:603969) 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.

Silvery Dragon Prestressed Materials Co Tianjin'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)
=(256.1+0.75 * 1809.902+0.5 * 386.519-1444.243
-0-27.26)/854.764
=0.39

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

Silvery Dragon Prestressed Materials Co Tianjin'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
=391.869/769.622*365 / 4
=46.46

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

Silvery Dragon Prestressed Materials Co Tianjin'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 )
=769.622 / 391.869
=1.96

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.

Silvery Dragon Prestressed Materials Co Tianjin'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 )
=391.869 / 851.198
=0.46

* 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.


Silvery Dragon Prestressed Materials Co Tianjin Total Inventories Related Terms

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Silvery Dragon Prestressed Materials Co Tianjin Business Description

Traded in Other Exchanges
N/A
Address
No.62 Shuangyuan Industry Park, Shuangjiang Road, Beichen District, Tianjin, CHN, 300400
Silvery Dragon Prestressed Materials Co Ltd Tianjin is engaged in the manufacturing of prestressed concrete steels. Its products include the whole system of PC wire, PC bar, and PC strand, also developed the special PC steel and the large diameter pre-stressed steel rods, hollow pre-stressed anchor bars, and for customers to develop all kinds of new products. It also researches of Railway sleeper, Railway track plate, bridges, PCCP water division pipe, hollow core board, PC pile and other Prestressed concrete structure.
Executives
Zhong Zhi Chao Director
Xie Zhi Chao senior management
Ai Zhi Gang senior management
Zhang Qi Ming senior management
Yu Jing Qi Director
Xie Zhi Feng Director
Xie Tie Gen Director
Xie Zhao Ting Supervisors
Xie Hui Zong senior management
Xie Zhi Qin senior management
Li Jing Quan senior management
Zhang Xin Director
Sun Wei Na Director
Xie Tie Qiao Director
Lian Jiang Supervisors

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