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Hangzhou Jizhi Mechatronic Co (SZSE:300553) Total Inventories : ¥168.4 Mil (As of Dec. 2024)


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What is Hangzhou Jizhi Mechatronic Co Total Inventories?

Hangzhou Jizhi Mechatronic Co's total inventories for the quarter that ended in Dec. 2024 was ¥168.4 Mil. Hangzhou Jizhi Mechatronic Co's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ¥175.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hangzhou Jizhi Mechatronic Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ¥-3.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hangzhou Jizhi Mechatronic Co's Days Inventory for the three months ended in Dec. 2024 was 257.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou Jizhi Mechatronic Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.35.

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. Hangzhou Jizhi Mechatronic Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.68.


Hangzhou Jizhi Mechatronic Co Total Inventories Historical Data

The historical data trend for Hangzhou Jizhi Mechatronic 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.

Hangzhou Jizhi Mechatronic Co Total Inventories Chart

Hangzhou Jizhi Mechatronic Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.91 148.47 146.28 129.55 168.36

Hangzhou Jizhi Mechatronic Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 129.55 149.12 176.36 182.13 168.36

Hangzhou Jizhi Mechatronic 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.


Hangzhou Jizhi Mechatronic Co  (SZSE:300553) 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.

Hangzhou Jizhi Mechatronic Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(276.034+0.75 * 74.772+0.5 * 168.356-657.08
-0-9.938)/81.120
=-3.09

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

Hangzhou Jizhi Mechatronic Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=175.244/62.098*365 / 4
=257.51

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

Hangzhou Jizhi Mechatronic Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=62.098 / 175.244
=0.35

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.

Hangzhou Jizhi Mechatronic Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=175.244 / 104.131
=1.68

* 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.


Hangzhou Jizhi Mechatronic Co Total Inventories Related Terms

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Hangzhou Jizhi Mechatronic Co Business Description

Traded in Other Exchanges
N/A
Address
No.10 Xiyuan 3rd Road, Sandun Town, Xihu District, Zhejiang Province, Hangzhou, CHN, 311100
Hangzhou Jizhi Mechatronic Co Ltd is engaged in the development, design, production and sales of fully automatic balancing machines and testing machines in China. Its main products are fully automatic balancing machines which are mainly used for detecting and automatically correcting the unbalanced quantity of the rotating parts. Its other products include automatic balancing machines and testing machines. Its automatic balancing machines include semi-auto balance correction machines, two station automation balance correction machines, four station automatic balance correction machines, five station automatic balance correction machines and vertical balance correction machines.
Executives
Wu Dian Mei Directors, executives
Shi Xiao Ying Supervisors
Yang Quan Yong Director
Zhao Liang Liang Director
Zhang Jia Qing Directors, executives
Chen Xu Chu Directors, executives
Yu Jin Qiu Executives
Lou Rong Wei Directors, executives
Cai Wen Executives

Hangzhou Jizhi Mechatronic Co Headlines

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