Silkroad Vision Technology Co (SZSE:300556) Total Inventories : ¥58 Mil (As of Mar. 2024)

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What is Silkroad Vision Technology Co Total Inventories?

Silkroad Vision Technology Co's total inventories for the quarter that ended in Mar. 2024 was ¥58 Mil. Silkroad Vision Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥47 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Silkroad Vision Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silkroad Vision Technology Co's Days Inventory for the three months ended in Mar. 2024 was 42.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Silkroad Vision Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.14.

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. Silkroad Vision Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.54.

Silkroad Vision Technology Co Total Inventories Historical Data

The historical data trend for Silkroad Vision 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.

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Silkroad Vision Technology Co Total Inventories Chart

Silkroad Vision Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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24.46

37.11

49.22

46.82

37.13

Silkroad Vision Technology 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															64.60	60.51	70.33	37.13	57.61

Silkroad Vision 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.

Silkroad Vision Technology Co (SZSE:300556) 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.

Silkroad Vision Technology 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)
=	(516.339	+	0.75 * 575.885	+	0.5 * 57.614	-	1075.39
-	0	-	-1.968)	/	121.473
=	-0.79

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

Silkroad Vision Technology 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
	=	47.3725	/	101.565	*	365 / 4
	=	42.56

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

Silkroad Vision Technology 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 )
	=	101.565	/	47.3725
	=	2.14

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.

Silkroad Vision Technology 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 )
	=	47.3725	/	88.09
	=	0.54

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.

Silkroad Vision Technology Co Total Inventories Related Terms

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Silkroad Vision Technology Co (SZSE:300556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Silkroad Vision Technology Co Ltd (SZSE:300556) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shi Flower Road, Room 108, Building B4, Fu Plaza Fantasia, Futian Free Trade Zone, Shenzhen, CHN, 518000

Website

http://www.silkroadcg.com

Silkroad Vision Technology Co Ltd is engaged in the digital visual integrated service business. The company provides digital visualization, video animation, computer graphics (CG) game, exhibition, digital stage art, and CG training services. It primarily serves the government departments, real estate enterprises, design institutes and other enterprises.

Executives

Wang Yu	Secretary Dong
Wang Jun Ping	Director
Wang Xiu Qin	Directors, executives
Tian Wan Jun	Executives
Hu Jing Hua	Director
Yue Feng	Executives
Li Meng Di	Directors, executives
Li Peng Hui	Directors, executives
Ding Peng Qing	Executives
Kang Yu Lu	Executives
Xiang Lan Di	Supervisors
Wang Dan	Executives
He Tao	Executives
Pei Ge Xin	Directors, executives
Dong Hai Ping	Director

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