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Jiangsu Feiliks International Logistics (SZSE:300240) Total Inventories : ¥106 Mil (As of Jun. 2024)


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What is Jiangsu Feiliks International Logistics Total Inventories?

Jiangsu Feiliks International Logistics's total inventories for the quarter that ended in Jun. 2024 was ¥106 Mil. Jiangsu Feiliks International Logistics's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was ¥88 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jiangsu Feiliks International Logistics's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ¥-2.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Feiliks International Logistics's Days Inventory for the three months ended in Jun. 2024 was 5.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Feiliks International Logistics's Inventory Turnover for the quarter that ended in Jun. 2024 was 18.24.

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. Jiangsu Feiliks International Logistics's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.05.


Jiangsu Feiliks International Logistics Total Inventories Historical Data

The historical data trend for Jiangsu Feiliks International Logistics'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.

Jiangsu Feiliks International Logistics Total Inventories Chart

Jiangsu Feiliks International Logistics 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 120.58 95.67 263.39 105.94 75.19

Jiangsu Feiliks International Logistics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 71.67 60.78 75.19 70.61 106.29

Jiangsu Feiliks International Logistics 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.


Jiangsu Feiliks International Logistics  (SZSE:300240) 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.

Jiangsu Feiliks International Logistics'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)
=(530.996+0.75 * 1305.13+0.5 * 106.293-2230.275
-0-256.708)/370.77
=-2.49

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

Jiangsu Feiliks International Logistics'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
=88.4495/1613.277*365 / 4
=5.00

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

Jiangsu Feiliks International Logistics'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 )
=1613.277 / 88.4495
=18.24

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.

Jiangsu Feiliks International Logistics'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 )
=88.4495 / 1738.355
=0.05

* 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.


Jiangsu Feiliks International Logistics Total Inventories Related Terms

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Jiangsu Feiliks International Logistics Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Meigui Road, Kunshan Economic and Technical Development Zone, Jiangsu Province, Kunshan, CHN, 215300
Jiangsu Feiliks International Logistics Inc. focuses on integrated cargo terminals, container transportation, inland freight, express services, and international freight forwarding agency services.
Executives
Geng Hao Directors, executives
Tang Jun Hong Executives
Zhou Li Hong Supervisors
Feng Guo Kai Supervisors
Shen Li Ming Director
Yao Qin Directors, executives
Wu You Yi Director
Sun Xue Hai Supervisors
Zhao Yi Fei Independent director
Fang Xiao Qing Directors, executives
Dong Zhong Lang Independent director
Liu Shi Jie Supervisors
Yin Ling Executives
Shen Li Li Executives
Chu Jing Executives

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