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Beijing SOJO Electric Co (SZSE:300444) Total Inventories : ¥986 Mil (As of Sep. 2024)


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What is Beijing SOJO Electric Co Total Inventories?

Beijing SOJO Electric Co's total inventories for the quarter that ended in Sep. 2024 was ¥986 Mil. Beijing SOJO Electric Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥821 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Beijing SOJO Electric Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-2.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing SOJO Electric Co's Days Inventory for the three months ended in Sep. 2024 was 104.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing SOJO Electric Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.88.

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. Beijing SOJO Electric Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.92.


Beijing SOJO Electric Co Total Inventories Historical Data

The historical data trend for Beijing SOJO Electric 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.

Beijing SOJO Electric Co Total Inventories Chart

Beijing SOJO Electric 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 354.79 294.52 484.12 783.97 949.10

Beijing SOJO Electric 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 701.88 949.10 823.20 656.11 986.07

Beijing SOJO Electric 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.


Beijing SOJO Electric Co  (SZSE:300444) 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.

Beijing SOJO Electric 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)
=(289.601+0.75 * 1751.434+0.5 * 986.069-4129.022
-0-57.496)/798.625
=-2.62

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

Beijing SOJO Electric 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
=821.0915/719.5*365 / 4
=104.13

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

Beijing SOJO Electric 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 )
=719.5 / 821.0915
=0.88

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.

Beijing SOJO Electric 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 )
=821.0915 / 890.083
=0.92

* 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.


Beijing SOJO Electric Co Total Inventories Related Terms

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Beijing SOJO Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Shangdi 3rd Street, Haidian District, Room 1111, Block D, Jiahua Building, Beijing, CHN, 100085
Beijing SOJO Electric Co Ltd is engaged in the research, production, sales and international trading of power distribution equipment and automation equipment in the field of power transmission and distribution. It's products used in the three areas of smart grid, smart energy, and lithium battery. Its products are Medium voltage distribution cabinet, Outdoor column switch or recloser, Box substation, Jebet low-voltage electrical products, Transformer.
Executives
Wei Jie Director
Li Tao Secretary, Director
Zhao Zhi Hong Director
Zhang Zhi Gang Executives
Lu Jin Xue Director
Xu Zhuan Director
Zhang Dang Hui Supervisors
Yuan Xue En Directors, executives
Sun Xue Dong Securities Affairs Representative
Jia Hong Hai Independent director
Liu Ying Supervisors
Liu Zhong Kai Supervisors
Zhao Min Executives

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