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Shanghai Kinetic Medical Co (SZSE:300326) Total Inventories : ¥368.2 Mil (As of Mar. 2024)


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What is Shanghai Kinetic Medical Co Total Inventories?

Shanghai Kinetic Medical Co's total inventories for the quarter that ended in Mar. 2024 was ¥368.2 Mil. Shanghai Kinetic Medical Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥368.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shanghai Kinetic Medical Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥1.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Kinetic Medical Co's Days Inventory for the three months ended in Mar. 2024 was 265.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Kinetic Medical Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.34.

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. Shanghai Kinetic Medical Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.50.


Shanghai Kinetic Medical Co Total Inventories Historical Data

The historical data trend for Shanghai Kinetic Medical 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.

Shanghai Kinetic Medical Co Total Inventories Chart

Shanghai Kinetic Medical 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 221.56 238.50 293.60 346.83 368.42

Shanghai Kinetic Medical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 318.10 321.47 350.46 368.42 368.24

Shanghai Kinetic Medical 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.


Shanghai Kinetic Medical Co  (SZSE:300326) 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.

Shanghai Kinetic Medical Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1003.965+0.75 * 235.02+0.5 * 368.236-383.62
-0-94.485)/717.026
=1.24

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

Shanghai Kinetic Medical Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=368.33/126.765*365 / 4
=265.14

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

Shanghai Kinetic Medical Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=126.765 / 368.33
=0.34

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.

Shanghai Kinetic Medical Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=368.33 / 246.205
=1.50

* 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.


Shanghai Kinetic Medical Co Total Inventories Related Terms

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Shanghai Kinetic Medical Co (SZSE:300326) Business Description

Traded in Other Exchanges
N/A
Address
Floor 2, Building 23, No. 528, Ruiqing Road, Zhangjiang Hi-Te, Shanghai, CHN, 201201
Shanghai Kinetic Medical Co Ltd is engaged in the manufacturing and distribution of medical devices in China. The company provides products for multidisciplinary specialties including orthopedics, cardiovascular and sports medicine. Its product offering includes primom spinal fixation system, kyphoplasty systems, vertebral osteotome, bone cement delivery systems, injection guns and multifunctional tools.
Executives
Ding Kui Secretary Dong
Wei Qing Mei Executives
Wang Zheng Min Directors, executives
Li Yuan Ping Executives
Zhang Zheng Director
Yan Hang Director
Yuan Zheng Executives, directors
Sun Meng Chen Securities Affairs Representative
Wang Li Director
Qin Jie Director
Li Jian Xiang Director
Zhou Zhi Qiang Supervisors

Shanghai Kinetic Medical Co (SZSE:300326) Headlines

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