GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hainan Expressway Co Ltd (SZSE:000886) » Definitions » Total Inventories

Hainan Expressway Co (SZSE:000886) Total Inventories : ¥541.6 Mil (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Hainan Expressway Co Total Inventories?

Hainan Expressway Co's total inventories for the quarter that ended in Mar. 2024 was ¥541.6 Mil. Hainan Expressway Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥542.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hainan Expressway Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥1.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hainan Expressway Co's Days Inventory for the three months ended in Mar. 2024 was 4,989.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hainan Expressway Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.02.

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. Hainan Expressway Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 29.33.


Hainan Expressway Co Total Inventories Historical Data

The historical data trend for Hainan Expressway 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.

Hainan Expressway Co Total Inventories Chart

Hainan Expressway 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 341.90 415.83 380.42 387.14 542.39

Hainan Expressway 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 389.32 385.43 387.95 542.39 541.56

Hainan Expressway 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.


Hainan Expressway Co  (SZSE:000886) 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.

Hainan Expressway 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)
=(1041.041+0.75 * 28.611+0.5 * 541.564-289.615
-0-4.869)/988.828
=1.05

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

Hainan Expressway 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
=541.9785/9.911*365 / 4
=4,989.96

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

Hainan Expressway 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 )
=9.911 / 541.9785
=0.02

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.

Hainan Expressway 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 )
=541.9785 / 18.477
=29.33

* 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.


Hainan Expressway Co Total Inventories Related Terms

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


Hainan Expressway Co (SZSE:000886) Business Description

Traded in Other Exchanges
N/A
Address
Lantian Road, Highway Building No. 16, Hainan Province, Haikou, CHN, 570203
Hainan Expressway Co Ltd is engaged in the design, construction, conservation, and management of highways. Further, it is also involved in various other activities of real estate, hotel tourism, information networks, advertising and other fields. Geographically the activities are carried out through China.
Executives
Yao Wei Qing Executives
Xu Da Jun Supervisors
Ceng Guo Hua Director
Fu Guo Hua Director
Lin Sheng Ce Executives

Hainan Expressway Co (SZSE:000886) Headlines

No Headlines