GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Kaifa Technology Co Ltd (SZSE:000021) » Definitions » Total Inventories

Shenzhen Kaifa Technology Co (SZSE:000021) Total Inventories : ¥2,995 Mil (As of Sep. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Shenzhen Kaifa Technology Co Total Inventories?

Shenzhen Kaifa Technology Co's total inventories for the quarter that ended in Sep. 2024 was ¥2,995 Mil. Shenzhen Kaifa Technology Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥2,936 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shenzhen Kaifa Technology Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-2.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Kaifa Technology Co's Days Inventory for the three months ended in Sep. 2024 was 84.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Kaifa Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.08.

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. Shenzhen Kaifa Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.77.


Shenzhen Kaifa Technology Co Total Inventories Historical Data

The historical data trend for Shenzhen Kaifa 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.

Shenzhen Kaifa Technology Co Total Inventories Chart

Shenzhen Kaifa Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,263.31 2,367.36 3,545.48 4,522.89 3,525.86

Shenzhen Kaifa 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 3,640.99 3,525.86 3,065.07 2,877.64 2,995.24

Shenzhen Kaifa 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.


Shenzhen Kaifa Technology Co  (SZSE:000021) 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.

Shenzhen Kaifa 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)
=(9030.655+0.75 * 3657.263+0.5 * 2995.235-15616.983
-0-1973.47)/1560.59
=-2.77

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

Shenzhen Kaifa 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
=2936.436/3173.64*365 / 4
=84.43

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

Shenzhen Kaifa 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 )
=3173.64 / 2936.436
=1.08

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.

Shenzhen Kaifa 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 )
=2936.436 / 3797.121
=0.77

* 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.


Shenzhen Kaifa Technology Co Total Inventories Related Terms

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


Shenzhen Kaifa Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7006 Caitian Road, Futian District, Shenzhen, Guangdong, CHN, 518035
Shenzhen Kaifa Technology Co Ltd is an electronics manufacturing service provider. The firm manufacturers services for computers and storage related products, communication and consumer electronics, semiconductors and IC packing, medical devices, utility meeting systems and commercial and industrial products.
Executives
Chen Zhu Jiang Directors, executives
Cai Gan Supervisors
Li Li Jie Securities Affairs Representative
Mo Shang Yun Executives
Yu Hua Rong Executives
Xie Han Zhu Independent director
Du He Ping Director
Xie Shao Hua Supervisors
Wang Wei Supervisors
Li Dan Dan Supervisors

Shenzhen Kaifa Technology Co Headlines

No Headlines