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Shanghai Newtouch Software Co (SHSE:688590) Total Inventories : ¥500 Mil (As of Mar. 2024)


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What is Shanghai Newtouch Software Co Total Inventories?

Shanghai Newtouch Software Co's total inventories for the quarter that ended in Mar. 2024 was ¥500 Mil. Shanghai Newtouch Software Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥443 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shanghai Newtouch Software Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Newtouch Software Co's Days Inventory for the three months ended in Mar. 2024 was 127.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Newtouch Software Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.71.

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. Shanghai Newtouch Software Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.02.


Shanghai Newtouch Software Co Total Inventories Historical Data

The historical data trend for Shanghai Newtouch Software 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.

Shanghai Newtouch Software Co Total Inventories Chart

Shanghai Newtouch Software Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.83 197.30 235.22 303.25 386.44

Shanghai Newtouch Software Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 346.19 388.84 520.26 386.44 499.86

Shanghai Newtouch Software 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.


Shanghai Newtouch Software Co  (SHSE:688590) 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.

Shanghai Newtouch Software 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)
=(441.884+0.75 * 1200.254+0.5 * 499.862-1424.231
-0-151.625)/260.7
=0.06

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

Shanghai Newtouch Software 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
=443.1505/315.96*365 / 4
=127.98

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

Shanghai Newtouch Software 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 )
=315.96 / 443.1505
=0.71

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.

Shanghai Newtouch Software 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 )
=443.1505 / 433.247
=1.02

* 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.


Shanghai Newtouch Software Co Total Inventories Related Terms

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Shanghai Newtouch Software Co (SHSE:688590) Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Lane 91, Eshan Road, Building No. 1, Software Park, 4th -6th Floor, Pilot Free Trade Zone, Shanghai, CHN, 200127
Shanghai Newtouch Software Co Ltd focuses on providing IT solutions, IT operation and maintenance services to insurance companies, banks and other financial institutions and end customers in other industries such as telecommunications, automobiles, and medical care.
Executives
Shi Hai Core technical personnel
Zhang Zhe Bin Core technical personnel
Guo Wei Director
Feng Guo Dong Core technical personnel

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