GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Guangzhou Hangxin Aviation Technology Co Ltd (SZSE:300424) » Definitions » Total Inventories

Guangzhou Hangxin Aviation Technology Co (SZSE:300424) Total Inventories : ¥499 Mil (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Guangzhou Hangxin Aviation Technology Co Total Inventories?

Guangzhou Hangxin Aviation Technology Co's total inventories for the quarter that ended in Sep. 2024 was ¥499 Mil. Guangzhou Hangxin Aviation Technology Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥500 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Guangzhou Hangxin Aviation Technology Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-2.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangzhou Hangxin Aviation Technology Co's Days Inventory for the three months ended in Sep. 2024 was 143.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangzhou Hangxin Aviation Technology Co's Inventory Turnover for the quarter that ended in Sep. 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. Guangzhou Hangxin Aviation Technology Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.11.


Guangzhou Hangxin Aviation Technology Co Total Inventories Historical Data

The historical data trend for Guangzhou Hangxin Aviation 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.

Guangzhou Hangxin Aviation Technology Co Total Inventories Chart

Guangzhou Hangxin Aviation 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 437.30 411.85 412.85 395.34 483.08

Guangzhou Hangxin Aviation 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 489.95 483.08 582.71 499.63 499.42

Guangzhou Hangxin Aviation 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.


Guangzhou Hangxin Aviation Technology Co  (SZSE:300424) 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.

Guangzhou Hangxin Aviation 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)
=(217.713+0.75 * 756.148+0.5 * 499.423-1589.83
-0-28.033)/239.912
=-2.43

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

Guangzhou Hangxin Aviation 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
=499.525/316.571*365 / 4
=143.99

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

Guangzhou Hangxin Aviation 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 )
=316.571 / 499.525
=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.

Guangzhou Hangxin Aviation 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 )
=499.525 / 449.062
=1.11

* 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.


Guangzhou Hangxin Aviation Technology Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Guangzhou Hangxin Aviation Technology Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangzhou Hangxin Aviation Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.1,Guangbao Road, Science City,Economic and Technological Development Zone, Guangzhou, CHN, 510663
Guangzhou Hangxin Aviation Technology Co Ltd provides aviation maintenance support, automatic test equipment development and system integration, retrofit aircraft, and airborne equipment development. Its main business is divided into two sectors: equipment development and support, and aviation maintenance and service. The equipment development and support section includes the development of airborne equipment and the development of testing equipment. Aircraft plus modification business, aviation maintenance and service segment includes aircraft department attachment maintenance and aviation service business.
Executives
Huang Xin Director
Bo Fan Sheng Director
Wei Wan Yun Supervisors
Zhou Chao Securities Affairs Representative
Hu Kun Directors, executives
Wang Shou Qin Directors, executives
Long Chao Hui Executives
Chen Qian Qian Secretary Dong
Lv Hai Bo Directors, executives
Li Feng Rui Secretary, Director
Li Wei Ning Supervisors
Qin Yu Bao Executives
Liu Ai Qun Supervisors
Wu Gui Bin Executives
Wang Ye Supervisors

Guangzhou Hangxin Aviation Technology Co Headlines

No Headlines