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Moon Environment Technology Co (SZSE:000811) Total Inventories : ¥1,176 Mil (As of Mar. 2024)


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What is Moon Environment Technology Co Total Inventories?

Moon Environment Technology Co's total inventories for the quarter that ended in Mar. 2024 was ¥1,176 Mil. Moon Environment Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥1,295 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Moon Environment Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Moon Environment Technology Co's Days Inventory for the three months ended in Mar. 2024 was 95.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Moon Environment Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.96.

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. Moon Environment Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.79.


Moon Environment Technology Co Total Inventories Historical Data

The historical data trend for Moon Environment 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.

Moon Environment Technology Co Total Inventories Chart

Moon Environment 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 709.22 714.95 1,148.18 1,424.57 1,414.86

Moon Environment Technology 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 1,372.59 1,399.84 1,326.87 1,414.86 1,175.82

Moon Environment 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.


Moon Environment Technology Co  (SZSE:000811) 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.

Moon Environment Technology 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)
=(3001.208+0.75 * 1700.674+0.5 * 1175.821-4964.414
-0-361.55)/763.658
=-0.60

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

Moon Environment Technology 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
=1295.3405/1241.674*365 / 4
=95.19

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

Moon Environment Technology 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 )
=1241.674 / 1295.3405
=0.96

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.

Moon Environment Technology 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 )
=1295.3405 / 1635.333
=0.79

* 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.


Moon Environment Technology Co Total Inventories Related Terms

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Moon Environment Technology Co (SZSE:000811) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Binglun Road, Shandong Province, Yantai, CHN
Moon Environment Technology Co Ltd operates in the refrigeration and air-conditioning industry. It is primarily involved in research and development, and manufacturing of industrial refrigeration, commercial refrigeration, and central air conditioner. The products offered by the group include refrigeration equipment, food processing equipment, auxiliary refrigeration equipment, cold storage panel, gas compression equipment. Geographically the business activities are carried out through China.
Executives
Liu Xi Jun Independent director
Yu Jing Supervisors
Ge Yun Jiang Executives
Gao Feng Director
Wu Li Li Executives
Yu Zhi Qiang Executives
Li Zeng Qun Director
Sun Xiu Xin Secretary Dong
Lu Shao Bin Directors, executives
Chen Dian Xin Director
Wang Xu Guang Supervisors
Dong Da Wen Supervisors
Wang Qin Bo Executives
Jiao Yu Xue Executives
Shu Jian Guo Executives

Moon Environment Technology Co (SZSE:000811) Headlines

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