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Chongqing Fuling Zhacai Group Co (SZSE:002507) Total Inventories : ¥583 Mil (As of Sep. 2024)


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What is Chongqing Fuling Zhacai Group Co Total Inventories?

Chongqing Fuling Zhacai Group Co's total inventories for the quarter that ended in Sep. 2024 was ¥583 Mil. Chongqing Fuling Zhacai Group Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥618 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chongqing Fuling Zhacai Group Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥5.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chongqing Fuling Zhacai Group Co's Days Inventory for the three months ended in Sep. 2024 was 196.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Fuling Zhacai Group Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.47.

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. Chongqing Fuling Zhacai Group Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.94.


Chongqing Fuling Zhacai Group Co Total Inventories Historical Data

The historical data trend for Chongqing Fuling Zhacai Group 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.

Chongqing Fuling Zhacai Group Co Total Inventories Chart

Chongqing Fuling Zhacai Group 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 413.66 382.82 401.30 470.44 495.37

Chongqing Fuling Zhacai Group 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 530.40 495.37 735.03 653.14 583.23

Chongqing Fuling Zhacai Group 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.


Chongqing Fuling Zhacai Group Co  (SZSE:002507) 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.

Chongqing Fuling Zhacai Group 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)
=(6489.174+0.75 * 140.364+0.5 * 583.227-547.728
-0-0)/1153.919
=5.49

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

Chongqing Fuling Zhacai Group 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
=618.1815/287.774*365 / 4
=196.02

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

Chongqing Fuling Zhacai Group 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 )
=287.774 / 618.1815
=0.47

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.

Chongqing Fuling Zhacai Group 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 )
=618.1815 / 656.539
=0.94

* 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.


Chongqing Fuling Zhacai Group Co Total Inventories Related Terms

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Chongqing Fuling Zhacai Group Co Business Description

Traded in Other Exchanges
N/A
Address
No 29 South Tiyu Road, Fuling District, Chongqing, CHN, 408000
Chongqing Fuling Zhacai Group Co Ltd operates in the Chinese appetizer industry. The company is engaged in the production and sale of mustard-related products in China. The company sells its products under the Wujiang brand name to chain stores such as such as Wal-Mart, Carrefour, supermarkets, convenience stores, farmer's markets, and other retail terminals. In addition, its products are exported to more than twelve countries including the European Union, the United States, Japan, and Hong Kong.
Executives
Wu Xiao Rong Directors, executives
Zhang Yong Executives
Zhao Ping Directors, executives
Zhou Bin Quan Director
Wei Yong Sheng Directors, Directors, and Executives
Xiang Wen Hao Director
Yuan Guo Sheng Directors, executives
He Yun Chuan Executives
Xiao Da Bo Supervisors
Nie Chuan Executives
Huang Zheng Kun Secretary, Director
Liu Jie Executives
Guo Xiang Ying Director
Mao Xiang Directors, executives
Zhang Xian Hai Executives

Chongqing Fuling Zhacai Group Co Headlines

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