Suzhou Agioe Technologies Co (SHSE:688450) Total Inventories : ¥51.7 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Suzhou Agioe Technologies Co Total Inventories?

Suzhou Agioe Technologies Co's total inventories for the quarter that ended in Mar. 2024 was ¥51.7 Mil. Suzhou Agioe Technologies Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥48.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Suzhou Agioe Technologies Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥5.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suzhou Agioe Technologies Co's Days Inventory for the three months ended in Mar. 2024 was 896.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzhou Agioe Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.10.

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. Suzhou Agioe Technologies Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.53.

Suzhou Agioe Technologies Co Total Inventories Historical Data

The historical data trend for Suzhou Agioe Technologies 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.

Suzhou Agioe Technologies Co Total Inventories Chart

Suzhou Agioe Technologies Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

36.75

50.96

65.23

60.89

44.75

Suzhou Agioe Technologies Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial								69.46	59.92	56.85	44.75	51.75

Suzhou Agioe Technologies 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.

Suzhou Agioe Technologies Co (SHSE:688450) 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.

Suzhou Agioe Technologies Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(342.596	+	0.75 * 298.758	+	0.5 * 51.747	-	199.538
-	0	-	0)	/	66
=	5.95

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

Suzhou Agioe Technologies Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	48.246	/	4.912	*	365 / 4
	=	896.26

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

Suzhou Agioe Technologies Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	4.912	/	48.246
	=	0.10

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.

Suzhou Agioe Technologies Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	48.246	/	8.731
	=	5.53

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.

Suzhou Agioe Technologies Co Total Inventories Related Terms

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

Suzhou Agioe Technologies Co (SHSE:688450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Agioe Technologies Co Ltd (SHSE:688450) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 270 Dongping Street, 3C, 3D, Aoyang Shunchang Building, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123

Website

http://www.agioe.com

Suzhou Agioe Technologies Co Ltd is a high-tech enterprise focusing on the research, development, production and sales of a new generation of optical fiber sensing network and asset digital operation and maintenance management system. The company has formed a series of products such as power facility asset monitoring operation and maintenance management system, submarine cable asset monitoring operation and maintenance management system, and integrated pipeline asset monitoring operation and maintenance management system, which are widely used in power grids, offshore wind power, integrated pipelines, petroleum and petrochemical and other important areas of the national economy.

Suzhou Agioe Technologies Co (SHSE:688450) Headlines

No Headlines