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Henan Shuanghui Investment & Development Co (SZSE:000895) Total Inventories : ¥6,248 Mil (As of Sep. 2024)


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What is Henan Shuanghui Investment & Development Co Total Inventories?

Henan Shuanghui Investment & Development Co's total inventories for the quarter that ended in Sep. 2024 was ¥6,248 Mil. Henan Shuanghui Investment & Development Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥6,673 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Henan Shuanghui Investment & Development Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-1.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Henan Shuanghui Investment & Development Co's Days Inventory for the three months ended in Sep. 2024 was 45.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan Shuanghui Investment & Development Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.01.

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. Henan Shuanghui Investment & Development Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.41.


Henan Shuanghui Investment & Development Co Total Inventories Historical Data

The historical data trend for Henan Shuanghui Investment & Development 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.

Henan Shuanghui Investment & Development Co Total Inventories Chart

Henan Shuanghui Investment & Development 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 8,801.43 6,377.70 5,668.92 6,121.27 8,266.66

Henan Shuanghui Investment & Development 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 7,780.95 8,266.66 7,137.20 7,097.67 6,247.58

Henan Shuanghui Investment & Development 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.


Henan Shuanghui Investment & Development Co  (SZSE:000895) 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.

Henan Shuanghui Investment & Development 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)
=(8669.76+0.75 * 265.968+0.5 * 6247.576-18054.487
-0-234.305)/3464.66
=-1.82

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

Henan Shuanghui Investment & Development 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
=6672.6225/13435.548*365 / 4
=45.32

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

Henan Shuanghui Investment & Development 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 )
=13435.548 / 6672.6225
=2.01

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.

Henan Shuanghui Investment & Development 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 )
=6672.6225 / 16439.788
=0.41

* 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.


Henan Shuanghui Investment & Development Co Total Inventories Related Terms

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Henan Shuanghui Investment & Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Shuanghui Road, Shuanghui Tower, Henan Province, Luohe, CHN, 462000
Henan Shuanghui Investment & Development Co Ltd is a China-based meat processing company. It is principally engaged in the business of slaughtering, meat food, and food processing, packaging, processing of egg products and aquatic products.
Executives
Li Kai Executives
Hu Yu Hong Supervisors
Wang Hao Jie Executives
Yang Dong Sheng Independent director
Wan Long Director
Liu Jin Tao Executives
Wen Guo Shan Executives
You Zhao Sheng Executives
Liu Song Tao Executives
Hu Yun Gong Supervisors
You Mu Executives
Qi Yong Yao Secretary Dong
Ma Xiang Jie Executives
Zhang Tai Xi Directors, executives
Qiao Hai Li Executives

Henan Shuanghui Investment & Development Co Headlines

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