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Shandongcred Sun Power Sources Co (SZSE:002580) Total Inventories : ¥480 Mil (As of Sep. 2024)


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What is Shandongcred Sun Power Sources Co Total Inventories?

Shandongcred Sun Power Sources Co's total inventories for the quarter that ended in Sep. 2024 was ¥480 Mil. Shandongcred Sun Power Sources Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥476 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shandongcred Sun Power Sources Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shandongcred Sun Power Sources Co's Days Inventory for the three months ended in Sep. 2024 was 64.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandongcred Sun Power Sources Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.41.

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. Shandongcred Sun Power Sources Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.58.


Shandongcred Sun Power Sources Co Total Inventories Historical Data

The historical data trend for Shandongcred Sun Power Sources 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.

Shandongcred Sun Power Sources Co Total Inventories Chart

Shandongcred Sun Power Sources 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 222.29 259.78 311.25 289.37 485.69

Shandongcred Sun Power Sources 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 508.72 485.69 590.57 471.49 480.43

Shandongcred Sun Power Sources 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.


Shandongcred Sun Power Sources Co  (SZSE:002580) 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.

Shandongcred Sun Power Sources 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)
=(510.756+0.75 * 1086.751+0.5 * 480.425-1249.765
-0-131.839)/453.869
=0.41

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

Shandongcred Sun Power Sources 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
=475.959/671.627*365 / 4
=64.67

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

Shandongcred Sun Power Sources 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 )
=671.627 / 475.959
=1.41

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.

Shandongcred Sun Power Sources 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 )
=475.959 / 820.991
=0.58

* 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.


Shandongcred Sun Power Sources Co Total Inventories Related Terms

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Shandongcred Sun Power Sources Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Shengyang Road, Shandong, Qufu, CHN, 273100
Shandong Sacred Sun Power Sources Co Ltd is engaged in providing stored energy solutions for industrial applications. The company designs, manufactures, and distributes reserve power and motive power batteries. The application area of the company include telecom, UPS, energy storage, and motive power.
Executives
Song Bin Director
Li Dong Guang Supervisors
Zhu Ji Ling Executives
Gao Yun Kui Director
Yang Jun Chao Executives
Yu Hai Long Secretary, Director
Li Shu Hua Supervisors
Sui Yan Bo Directors, executives
Gong Guo Wei Executives
Wang Jun Executives
Kong De Long Executives
Yang Yu Qing Executives
Wang Ping Directors, executives
Li Juan Securities Affairs Representative

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