GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sichuan Guoguoang Agrochemicals Co Ltd (SZSE:002749) » Definitions » Total Inventories

Sichuan Guoguoang Agrochemicals Co (SZSE:002749) Total Inventories : ¥353 Mil (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Sichuan Guoguoang Agrochemicals Co Total Inventories?

Sichuan Guoguoang Agrochemicals Co's total inventories for the quarter that ended in Sep. 2024 was ¥353 Mil. Sichuan Guoguoang Agrochemicals Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥349 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sichuan Guoguoang Agrochemicals Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥1.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sichuan Guoguoang Agrochemicals Co's Days Inventory for the three months ended in Sep. 2024 was 143.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sichuan Guoguoang Agrochemicals Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.64.

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. Sichuan Guoguoang Agrochemicals Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.89.


Sichuan Guoguoang Agrochemicals Co Total Inventories Historical Data

The historical data trend for Sichuan Guoguoang Agrochemicals 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.

Sichuan Guoguoang Agrochemicals Co Total Inventories Chart

Sichuan Guoguoang Agrochemicals 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 191.22 241.52 260.80 386.86 353.29

Sichuan Guoguoang Agrochemicals 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 342.20 353.29 380.83 345.61 352.63

Sichuan Guoguoang Agrochemicals 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.


Sichuan Guoguoang Agrochemicals Co  (SZSE:002749) 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.

Sichuan Guoguoang Agrochemicals 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)
=(1271.531+0.75 * 41.205+0.5 * 352.629-385.664
-0-193.04)/468.278
=1.92

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

Sichuan Guoguoang Agrochemicals 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
=349.1175/221.759*365 / 4
=143.66

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

Sichuan Guoguoang Agrochemicals 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 )
=221.759 / 349.1175
=0.64

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.

Sichuan Guoguoang Agrochemicals 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 )
=349.1175 / 393.127
=0.89

* 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.


Sichuan Guoguoang Agrochemicals Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Sichuan Guoguoang Agrochemicals Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Sichuan Guoguoang Agrochemicals Co Business Description

Traded in Other Exchanges
N/A
Address
No. 899, Beijing Road, Longquanyi District, Sichuan, Chengdu, CHN, 610100
Sichuan Guoguoang Agrochemicals Co Ltd is engaged in research, development, production, and sales of plant growth regulators and high-efficiency water-soluble fertilizers. Its products mainly used in agricultural planting, horticultural production, garden conservation, forestry plant protection and other fields. The firm exports its products to the United States, Japan, Thailand, Egypt, the Philippines, Vietnam, South Korea.
Executives
He Peng Directors, executives
Yan Chang Xu Director
Yan Ya Qi Directors, executives

Sichuan Guoguoang Agrochemicals Co Headlines

No Headlines