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Navinfo Co (SZSE:002405) Total Inventories : ¥754 Mil (As of Mar. 2024)


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What is Navinfo Co Total Inventories?

Navinfo Co's total inventories for the quarter that ended in Mar. 2024 was ¥754 Mil. Navinfo Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥817 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Navinfo Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Navinfo Co's Days Inventory for the three months ended in Mar. 2024 was 168.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Navinfo Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.54.

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. Navinfo Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.16.


Navinfo Co Total Inventories Historical Data

The historical data trend for Navinfo 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.

Navinfo Co Total Inventories Chart

Navinfo 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 87.82 157.37 367.95 695.23 879.93

Navinfo 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 896.92 904.47 909.43 879.93 754.39

Navinfo 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.


Navinfo Co  (SZSE:002405) 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.

Navinfo 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)
=(3086.408+0.75 * 1002.523+0.5 * 754.39-2228.742
-0--72.014)/2377.75
=0.87

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

Navinfo 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
=817.16/442.255*365 / 4
=168.60

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

Navinfo 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 )
=442.255 / 817.16
=0.54

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.

Navinfo 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 )
=817.16 / 707.34
=1.16

* 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.


Navinfo Co Total Inventories Related Terms

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Navinfo Co (SZSE:002405) Business Description

Traded in Other Exchanges
N/A
Address
South East of YongFeng Road and BeiQing Road Intersection, 3 -13th Floor, A Block, Navinfo Building, Haidian District, Beijing, CHN, 100094
Navinfo Co Ltd is one of the leading provider of digital map content, car connectivity and dynamic traffic information services, and location-based big data vertical application services. The company' products meet the needs of the automotive navigation, consumer electronics navigation, internet and mobile internet, government and corporate application.
Executives
Wan Tie Jun Executives
Bi Lei Directors, executives
Meng Qing Xin Directors, executives
Liang Yong Jie Executives
Jin Shui Xiang Executives
Song Tie Hui Executives
Cheng Peng Directors, executives
Sun Yu Guo Director
Dai Dong Hai Executives
Jing Mu Han Executives
Qin Fang Securities Affairs Representative
Jiang Xiao Ming Executives
Xu Jin Hui Supervisors
Lai Feng Fu Executives
Cao Xiao Hang Executives

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