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Guangdong Shenglu Telecommunication Tech Co (SZSE:002446) Total Inventories : ¥626 Mil (As of Sep. 2024)


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What is Guangdong Shenglu Telecommunication Tech Co Total Inventories?

Guangdong Shenglu Telecommunication Tech Co's total inventories for the quarter that ended in Sep. 2024 was ¥626 Mil. Guangdong Shenglu Telecommunication Tech Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥607 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Guangdong Shenglu Telecommunication Tech Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangdong Shenglu Telecommunication Tech Co's Days Inventory for the three months ended in Sep. 2024 was 302.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Shenglu Telecommunication Tech Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.30.

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. Guangdong Shenglu Telecommunication Tech Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.24.


Guangdong Shenglu Telecommunication Tech Co Total Inventories Historical Data

The historical data trend for Guangdong Shenglu Telecommunication Tech 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.

Guangdong Shenglu Telecommunication Tech Co Total Inventories Chart

Guangdong Shenglu Telecommunication Tech 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 516.34 392.55 728.70 595.65 591.94

Guangdong Shenglu Telecommunication Tech 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 579.82 591.94 568.17 587.65 626.42

Guangdong Shenglu Telecommunication Tech 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.


Guangdong Shenglu Telecommunication Tech Co  (SZSE:002446) 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.

Guangdong Shenglu Telecommunication Tech 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)
=(810.61+0.75 * 847.513+0.5 * 626.416-1004.497
-0-2.577)/915.322
=0.82

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

Guangdong Shenglu Telecommunication Tech 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
=607.0305/183.287*365 / 4
=302.21

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

Guangdong Shenglu Telecommunication Tech 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 )
=183.287 / 607.0305
=0.30

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.

Guangdong Shenglu Telecommunication Tech 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 )
=607.0305 / 270.562
=2.24

* 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.


Guangdong Shenglu Telecommunication Tech Co Total Inventories Related Terms

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Guangdong Shenglu Telecommunication Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No 20 Nanfeng Road, Sanshui District, Foshan City, CHN, 528100
Guangdong Shenglu Telecommunication Tech Co Ltd is an antenna manufacturing enterprise in China. Shenglu products include backbone network transmission antenna, a base station antenna, the network covering the fields of antenna, terminal antenna, passive device, active device, car antenna, large TR module, Beidou antenna, and smart vehicle information system.
Executives
Liu Wen Jian Executives
Yang Hua Directors, executives
Li Zai Rong Director
Guo Yi Qin Directors, executives
He Yong Xing Director
Yang Zhen Feng Directors, executives
Sun Xiao Hang Director
Huang Jin Hui Supervisors
Ren Qing Executives
Chu Qing Xin Director

Guangdong Shenglu Telecommunication Tech Co Headlines

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