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Jiangsu Cnano Technology Co (SHSE:688116) Total Inventories : ¥225 Mil (As of Sep. 2024)


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What is Jiangsu Cnano Technology Co Total Inventories?

Jiangsu Cnano Technology Co's total inventories for the quarter that ended in Sep. 2024 was ¥225 Mil. Jiangsu Cnano Technology Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥234 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jiangsu Cnano Technology Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-1.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Cnano Technology Co's Days Inventory for the three months ended in Sep. 2024 was 82.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Cnano Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.11.

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 Cnano Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.59.


Jiangsu Cnano Technology Co Total Inventories Historical Data

The historical data trend for Jiangsu Cnano 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 Cnano Technology Co Total Inventories Chart

Jiangsu Cnano Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 68.84 54.99 162.38 215.57 194.72

Jiangsu Cnano 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 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 186.30 194.72 196.02 241.92 225.16

Jiangsu Cnano 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 Cnano Technology Co  (SHSE:688116) 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 Cnano 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)
=(1164.586+0.75 * 507.223+0.5 * 225.157-2184.767
-0-66.753)/344.563
=-1.72

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

Jiangsu Cnano 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
=233.539/259.491*365 / 4
=82.12

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

Jiangsu Cnano 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 )
=259.491 / 233.539
=1.11

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 Cnano 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 )
=233.539 / 393.743
=0.59

* 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.


Jiangsu Cnano Technology Co Total Inventories Related Terms

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Jiangsu Cnano Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 113, Qinglongshan Road, Zhenjiang New District, cccProvince, Zhenjiang, CHN, 212000
Jiangsu Cnano Technology Co Ltd is engaged in the manufacturing, research and development, and sales of nanoscale carbon materials and related products, including carbon nanotube powder, carbon nanotube conductive paste, graphene composite conductive paste, carbon nanotube conductive masterbatch, etc. The carbon nanotube-related products produced by the company are mainly used in the field of lithium batteries, to improve the energy density and cycle life performance of lithium batteries, and finally used in new energy vehicles, 3C Products, energy storage batteries, and other fields.
Executives
Xie Bao Dong Core technical personnel
Wei Zhao Jie Core technical personnel
Liu Fei Core technical personnel
Guo Wei Xing Core technical personnel
Lin Wei Guo Core technical personnel
Shi Yin Huan Core technical personnel
Yue Bang Xian Senior management, core technical personnel
Zhang Mei Jie Directors, senior managers, core technical personn
Cai Yong Lve Directors, senior managers
Ye Ya Wen senior management
Yan Yan Directors, senior managers
Zheng Tao Directors, senior managers, core technical personn
Cai Wei Zheng Core technical personnel
Cai Zong Yan Core technical personnel
Sun Min Supervisors

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