Kennede Electronics MFG Co (SZSE:002723) Total Inventories : ¥214 Mil (As of Dec. 2024)

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What is Kennede Electronics MFG Co Total Inventories?

Kennede Electronics MFG Co's total inventories for the quarter that ended in Dec. 2024 was ¥214 Mil. Kennede Electronics MFG Co's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ¥217 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kennede Electronics MFG Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ¥-3.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kennede Electronics MFG Co's Days Inventory for the three months ended in Dec. 2024 was 59.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kennede Electronics MFG Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.52.

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. Kennede Electronics MFG Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.63.

Kennede Electronics MFG Co Total Inventories Historical Data

The historical data trend for Kennede Electronics MFG 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.

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Kennede Electronics MFG Co Total Inventories Chart

Kennede Electronics MFG Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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198.19

193.93

176.19

277.33

214.11

Kennede Electronics MFG Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial															277.33	291.19	279.59	219.18	214.11

Kennede Electronics MFG 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.

Kennede Electronics MFG Co (SZSE:002723) 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.

Kennede Electronics MFG Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(161.024	+	0.75 * 549.847	+	0.5 * 214.108	-	1664.098
-	0	-	44.176)	/	318.007
=	-3.23

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

Kennede Electronics MFG Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	216.6425	/	329.683	*	365 / 4
	=	59.96

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

Kennede Electronics MFG Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	329.683	/	216.6425
	=	1.52

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.

Kennede Electronics MFG Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	216.6425	/	342.225
	=	0.63

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.

Kennede Electronics MFG Co Total Inventories Related Terms

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Kennede Electronics MFG Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kennede Electronics MFG Co Ltd (SZSE:002723) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

No.21, Jintong Road, Tangxia Town, Pengjiang District, Guangdong Province, Jiangmen City, CHN, 529085

Website

https://www.kennede.com

Kennede Electronics MFG Co Ltd is a Chinese manufacturer in the field of standby lighting. It is engaged in designing, developing, manufacturing and selling lighting products. The company specializes in the research and development, production and sales of rechargeable standby lanterns and DC-AC rechargeable fans. The rechargeable standby lanterns include three series, indoor and outdoor rechargeable standby lanterns, rechargeable flashlight, fire emergency light. The DC-AC rechargeable fans include two series, DC-AC rechargeable table fan and floor fan. The company sells its products in China, and also exports it to the various other countries.

Executives

Jiang Guang Yong	Director
Liang Hui Ling	Directors, executives
Meng Fan Xi	Directors, executives
Yu Xing Qiang	Executives
Sun Ying	Executives
Li Xiao Dong	Executives
Meng Fan Xi	Directors, executives
Wu Wen Min	Supervisors
Yuan Xiao Yan	Director
Tian Chou	Directors, executives
Yang Xiao Qin	Supervisors

Kennede Electronics MFG Co Headlines

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