Jiangsu Liance Electromechanical Technology Co (SHSE:688113) Total Inventories : ¥284.3 Mil (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Jiangsu Liance Electromechanical Technology Co Total Inventories?

Jiangsu Liance Electromechanical Technology Co's total inventories for the quarter that ended in Sep. 2024 was ¥284.3 Mil. Jiangsu Liance Electromechanical Technology Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥268.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jiangsu Liance Electromechanical Technology Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥2.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Liance Electromechanical Technology Co's Days Inventory for the three months ended in Sep. 2024 was 411.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Liance Electromechanical Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.22.

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. Jiangsu Liance Electromechanical Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.98.

Jiangsu Liance Electromechanical Technology Co Total Inventories Historical Data

The historical data trend for Jiangsu Liance Electromechanical Technology 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.

Jiangsu Liance Electromechanical Technology Co Total Inventories Chart

Jiangsu Liance Electromechanical Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

206.21

190.22

204.24

253.74

257.21

Jiangsu Liance Electromechanical Technology 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															284.97	257.21	271.60	253.45	284.29

Jiangsu Liance Electromechanical Technology 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.

Jiangsu Liance Electromechanical Technology Co (SHSE:688113) 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.

Jiangsu Liance Electromechanical Technology 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)
=	(238.858	+	0.75 * 193.061	+	0.5 * 284.287	-	350.527
-	0	-	26.652)	/	64.398
=	2.31

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

Jiangsu Liance Electromechanical Technology 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
	=	268.868	/	59.681	*	365 / 4
	=	411.09

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

Jiangsu Liance Electromechanical Technology 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 )
	=	59.681	/	268.868
	=	0.22

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.

Jiangsu Liance Electromechanical Technology 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 )
	=	268.868	/	90.246
	=	2.98

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.

Jiangsu Liance Electromechanical Technology Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Jiangsu Liance Electromechanical Technology Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu Liance Electromechanical Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Liance Electromechanical Technology Co Ltd (SHSE:688113) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

No. 2368-2370, Renmin West Road, Jiangsu Province, Qidong, CHN, 226200

Website

https://www.qdceqi.com

Jiangsu Liance Electromechanical Technology Co Ltd is engaged in the research and development, manufacturing and sales of power system intelligent test equipment, as well as providing power system testing and verification services.

Executives

Shi Jiang Ping	Director
Huang Bing Rong	Director
Yu Xuan Xuan	Director
He Ping	senior management
Tang Shu Quan	senior management
Yao Hai Fei	senior management
Li Feng	Core technical personnel
Li Hui	Director
Kuai Suo Sheng	Core technical personnel
Zhao Ai Guo	Director
Sun Yi	Core technical personnel
Lu Wei	senior management

Jiangsu Liance Electromechanical Technology Co Headlines

No Headlines