GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changzhou Kaidi Electrical Inc (SHSE:605288) » Definitions » Total Inventories

Changzhou Kaidi Electrical (SHSE:605288) Total Inventories : ¥315 Mil (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Changzhou Kaidi Electrical Total Inventories?

Changzhou Kaidi Electrical's total inventories for the quarter that ended in Sep. 2024 was ¥315 Mil. Changzhou Kaidi Electrical's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥296 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Changzhou Kaidi Electrical's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥11.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Changzhou Kaidi Electrical's Days Inventory for the three months ended in Sep. 2024 was 110.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Changzhou Kaidi Electrical's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.83.

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. Changzhou Kaidi Electrical's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.93.


Changzhou Kaidi Electrical Total Inventories Historical Data

The historical data trend for Changzhou Kaidi Electrical'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.

Changzhou Kaidi Electrical Total Inventories Chart

Changzhou Kaidi Electrical Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 190.26 267.15 451.39 296.53 259.40

Changzhou Kaidi Electrical 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 289.32 259.40 294.82 276.02 315.43

Changzhou Kaidi Electrical 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.


Changzhou Kaidi Electrical  (SHSE:605288) 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.

Changzhou Kaidi Electrical'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)
=(1073.663+0.75 * 223.412+0.5 * 315.43-570.17
-0-1.024)/70.199
=11.79

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

Changzhou Kaidi Electrical'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
=295.726/244.941*365 / 4
=110.17

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

Changzhou Kaidi Electrical'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 )
=244.941 / 295.726
=0.83

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.

Changzhou Kaidi Electrical'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 )
=295.726 / 317.456
=0.93

* 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.


Changzhou Kaidi Electrical Total Inventories Related Terms

Thank you for viewing the detailed overview of Changzhou Kaidi Electrical's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Changzhou Kaidi Electrical Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Hengcui Road, Jiangcun Village, Henglin Town, Wujin District, Jiangsu Province, Changzhou, CHN, 213101
Changzhou Kaidi Electrical Inc is engaged in production and sales of linear drive system products. The company develops linear drive systems, product development, manufacturing, and domestic and international marketing. It provides linear drive system products in the fields of medical care, auto parts, among others.
Executives
Yao Bu Tang senior management
Lu Xiao Bo Directors, senior managers
Zhou Rong Qing Directors, senior managers
Yan Guo Hong senior management
Zhou Lin Yu Director
Zhou Shu Cheng Directors, senior managers
Chen Xu Pei senior management
Zhou Yan Qin senior management

Changzhou Kaidi Electrical Headlines

No Headlines