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Gospell Digital Technology Co (SZSE:002848) Total Inventories : ¥34.7 Mil (As of Sep. 2024)


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What is Gospell Digital Technology Co Total Inventories?

Gospell Digital Technology Co's total inventories for the quarter that ended in Sep. 2024 was ¥34.7 Mil. Gospell Digital Technology Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥34.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gospell Digital Technology Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gospell Digital Technology Co's Days Inventory for the three months ended in Sep. 2024 was 79.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gospell Digital Technology Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.15.

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. Gospell Digital Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.85.


Gospell Digital Technology Co Total Inventories Historical Data

The historical data trend for Gospell Digital Technology 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.

Gospell Digital Technology Co Total Inventories Chart

Gospell Digital Technology 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 161.29 138.61 158.11 139.63 46.35

Gospell Digital Technology 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 68.97 46.35 41.91 34.54 34.74

Gospell Digital Technology 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.


Gospell Digital Technology Co  (SZSE:002848) 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.

Gospell Digital Technology 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)
=(1.085+0.75 * 139.132+0.5 * 34.736-248.534
-0--0.068)/167.150
=-0.75

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

Gospell Digital Technology 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
=34.6385/39.685*365 / 4
=79.65

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

Gospell Digital Technology 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 )
=39.685 / 34.6385
=1.15

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.

Gospell Digital Technology 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 )
=34.6385 / 40.696
=0.85

* 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.


Gospell Digital Technology Co Total Inventories Related Terms

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Gospell Digital Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Gossberg Industrial Park, Guanshandong Street, Suxian District, Hunan Province, Chenzhou, CHN, 423038
Gospell Digital Technology Co Ltd researches, develops, produces, and sells of digital television hardware and software products. The company offers headend products, including encoders and transcoders, receivers and decoders, QAM and IPQAM products, and multiplexers and scramblers; software systems, such as conditional access systems, as well as operation and set-top boxes; and RF and IP/ASI multiviewers. It also provides DTT transmitters; satellite TVRO antennas. Further, it provides content protection, DTV+OTT, DTH and DTT turnkey, FTTx, and video distribution solutions; and technical support services.
Executives
You Zong Jie Director
Hao Jian Qing Executives
Ma Gang Executives
Deng Wan Neng Executives
Wei Hong Wen Executives
Liu Chun Bao Directors, executives
Ou Yang Jian Kang Executives
Liu Wei Director
Chen Xiao Wen Director
Hu Li Qin Executives
Wang Chun Secretary, Director
Liu Bing Yu Supervisors
Liu Tan Ai Director
Chen Fan Supervisors
Zhao Mu Lin Executives

Gospell Digital Technology Co Headlines

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