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Dongjiang Environmental Co (SZSE:002672) Total Inventories : ¥804 Mil (As of Jun. 2024)


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What is Dongjiang Environmental Co Total Inventories?

Dongjiang Environmental Co's total inventories for the quarter that ended in Jun. 2024 was ¥804 Mil. Dongjiang Environmental Co's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was ¥402 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dongjiang Environmental Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ¥-4.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dongjiang Environmental Co's Days Inventory for the three months ended in Jun. 2024 was 53.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dongjiang Environmental Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.70.

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. Dongjiang Environmental Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.53.


Dongjiang Environmental Co Total Inventories Historical Data

The historical data trend for Dongjiang Environmental 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.

Dongjiang Environmental Co Total Inventories Chart

Dongjiang Environmental 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 299.71 267.11 550.90 649.72 789.83

Dongjiang Environmental 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 807.27 789.83 - 803.79 -

Dongjiang Environmental 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.


Dongjiang Environmental Co  (SZSE:002672) 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.

Dongjiang Environmental Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(983.521+0.75 * 1028.273+0.5 * 803.792-6989.544
-0-583.599)/1105.256
=-4.90

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

Dongjiang Environmental Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=401.896/684.471*365 / 4
=53.58

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

Dongjiang Environmental Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=684.471 / 401.896
=1.70

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.

Dongjiang Environmental Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=401.896 / 763.27
=0.53

* 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.


Dongjiang Environmental Co Total Inventories Related Terms

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Dongjiang Environmental Co Business Description

Traded in Other Exchanges
Address
No. 9 Langshan Road, 1st Floor, 3rd Floor, North of 8th Floor, 9th-12th Floor, Dongjiang Environmental Building, North Zone of Hi-tech Industrial Park, Nanshan, Shenzhen, CHN
Dongjiang Environmental Co Ltd is an investment holding company principally engaged in waste treatment businesses. It operates in the following segments: Industrial waste recycling; Industrial waste treatment and disposal; Rare and precious metals recycling; Municipal waste treatment and disposal; Electronic waste dismantling treatment; Renewable energy utilization; Environmental engineering and services and others. It derives maximum revenue from Rare and precious metals recycling segment.
Executives
Zhao Xue Chao Supervisors
Wang Tian Secretary Dong
Wang Na Securities Affairs Representative
Liu Ren Director
Li Yong Peng Directors, executives
Xie Heng Hua Executives
Zhang Kai Director
Zhu Zheng Fu Independent director
Cao Ting Wu Executives
Zhou Yao Ming Executives
Ren Yu Nan Supervisors
Huang Wei Ming Supervisors
Liu An Supervisors
Lan Yong Hui Executives
Chen Shu Sheng Directors, executives

Dongjiang Environmental Co Headlines

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