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Luthai Textile Co (SZSE:200726) Total Inventories : HK$2,157 Mil (As of Dec. 2024)


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What is Luthai Textile Co Total Inventories?

Luthai Textile Co's total inventories for the quarter that ended in Dec. 2024 was HK$2,157 Mil. Luthai Textile Co's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was HK$2,221 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Luthai Textile Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$-0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luthai Textile Co's Days Inventory for the three months ended in Dec. 2024 was 144.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luthai Textile Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.63.

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. Luthai Textile Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.23.


Luthai Textile Co Total Inventories Historical Data

The historical data trend for Luthai Textile 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.

Luthai Textile Co Total Inventories Chart

Luthai Textile Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,357.79 2,871.80 2,353.87 2,323.34 2,156.57

Luthai Textile 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 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 2,323.34 2,230.69 2,306.50 2,285.30 2,156.57

Luthai Textile 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.


Luthai Textile Co  (SZSE:200726) 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.

Luthai Textile 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)
=(2935.916+0.75 * 906.634+0.5 * 2156.574-4386.155
-0-408.747)/817.306
=-0.12

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

Luthai Textile 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
=2220.936/1405.659*365 / 4
=144.17

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

Luthai Textile 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 )
=1405.659 / 2220.936
=0.63

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.

Luthai Textile 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 )
=2220.936 / 1803.878
=1.23

* 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.


Luthai Textile Co Total Inventories Related Terms

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Luthai Textile Co Business Description

Traded in Other Exchanges
Address
Number 11, Mingbo Road, High-tech Industry Development Zone, Shandong, Zibo, CHN, 255086
Luthai Textile Co Ltd is a China-based company. Its business includes the production, processing and sales business of cotton yarn, yarn dyed fabrics, shirts, fashion accessories, health underwear and other textile products and their mating products; design, Research and development, technology services of the textile and garment products. It has four segments which are Textile and apparel, Cotton, Electricity and steam, and Other. Most of the revenue generated from the Textile and apparel segment.
Executives
Pan Ping Li Executives
Liu Zi Long Supervisors
Qin Gui Ling Secretary, Director
Zhang Hong Mei Executives
Lv Yong Chen Executives
Wang Fang Shui Directors, executives
Zheng Wei Yin Securities Affairs Representative
Zhu Ling Wen Supervisors
Liu Shi Zhen Director
Zhang Ke Ming Executives
Bai Nian Yue Executives
Zhang Shou Gang Executives
Zhang Jian Xiang Executives
Yu Yong Bin Executives
Li Tong Min Supervisors

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