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Feitian Technologies Co (SZSE:300386) Total Inventories : ¥271.7 Mil (As of Jun. 2024)


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What is Feitian Technologies Co Total Inventories?

Feitian Technologies Co's total inventories for the quarter that ended in Jun. 2024 was ¥271.7 Mil. Feitian Technologies Co's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was ¥276.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Feitian Technologies Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ¥0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Feitian Technologies Co's Days Inventory for the three months ended in Jun. 2024 was 226.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Feitian Technologies Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.40.

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. Feitian Technologies Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.51.


Feitian Technologies Co Total Inventories Historical Data

The historical data trend for Feitian Technologies 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.

Feitian Technologies Co Total Inventories Chart

Feitian Technologies 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 346.10 358.26 325.65 349.48 271.88

Feitian Technologies Co 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 330.85 303.56 271.88 280.73 271.73

Feitian Technologies 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.


Feitian Technologies Co  (SZSE:300386) 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.

Feitian Technologies Co'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)
=(214.368+0.75 * 115.328+0.5 * 271.729-172.827
-0-4.607)/418.044
=0.62

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

Feitian Technologies Co'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
=276.228/111.349*365 / 4
=226.37

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

Feitian Technologies Co'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 )
=111.349 / 276.228
=0.40

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.

Feitian Technologies Co'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 )
=276.228 / 182.653
=1.51

* 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.


Feitian Technologies Co Total Inventories Related Terms

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Feitian Technologies Co Business Description

Traded in Other Exchanges
N/A
Address
No.9 Xueqing Road, 17th Floor, Building B, Huizhi Building, Haidian District, Beijing, CHN, 100085
Feitian Technologies Co Ltd is a supplier of user authentication and transaction security for China Online Banking. The company offers public key infrastructure authentication tokens, one time password tokens, software protection dongles, contact and contactless smart card readers. It also provides turnkey solutions like secure hardware, operating systems, middleware, software application, and services such as personalization and remote lifecycle management. The company's customers include financial institution, telecom, government and business enterprises. Its product lines feature contact and contactless smart cards, EMV chip cards, payment terminals, and user authentication solutions for secure online banking and transaction security.
Executives
Li Wei Directors, executives
Yu Hua Zhang Executives
Huang Yu Director
Han Xue Feng Directors, executives
Li Qi Independent director
Lu Zhou Directors, executives
Yan Yan Executives

Feitian Technologies Co Headlines

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