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Hbis Co (SZSE:000709) Total Inventories : ¥20,958 Mil (As of Sep. 2024)


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What is Hbis Co Total Inventories?

Hbis Co's total inventories for the quarter that ended in Sep. 2024 was ¥20,958 Mil. Hbis Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥20,954 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hbis Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-15.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hbis Co's Days Inventory for the three months ended in Sep. 2024 was 68.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hbis Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.34.

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. Hbis Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.69.


Hbis Co Total Inventories Historical Data

The historical data trend for Hbis 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.

Hbis Co Total Inventories Chart

Hbis 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 21,717.81 20,582.84 19,384.49 22,116.84 20,246.18

Hbis 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 22,659.40 20,246.18 20,796.88 20,949.15 20,958.15

Hbis 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.


Hbis Co  (SZSE:000709) 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.

Hbis 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)
=(35592.363+0.75 * 1633.828+0.5 * 20958.148-203099.064
-0-9335.088)/10337.121
=-15.98

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

Hbis 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
=20953.648/28099.31*365 / 4
=68.05

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

Hbis 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 )
=28099.31 / 20953.648
=1.34

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.

Hbis 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 )
=20953.648 / 30525.651
=0.69

* 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.


Hbis Co Total Inventories Related Terms

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Hbis Co Business Description

Traded in Other Exchanges
N/A
Address
No. 385 Tiyu South Street, Hebei Province, Shijiazhuang, CHN, 050023
Hbis Co Ltd is engaged in the iron and steel business. The company manufactures steel, steel billets, vanadium and titanium products.
Executives
Wang Xin Dong Director
Xing Qiang Supervisors
Chu Jian Dong Director
Shi Dong Ri Executives
Zhang Chun Hua Supervisors
Li Yan Ping Supervisors
Wang An Executives
Zhou He Yun Director
Xu Guo Feng Director

Hbis Co Headlines

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