GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Sidike New Materials Science and Technology Co LT (SZSE:300806) » Definitions » Total Inventories

Jiangsu Sidike New Materials Science and Technology Co LT (SZSE:300806) Total Inventories : ¥662 Mil (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Jiangsu Sidike New Materials Science and Technology Co LT Total Inventories?

Jiangsu Sidike New Materials Science and Technology Co LT's total inventories for the quarter that ended in Sep. 2024 was ¥662 Mil. Jiangsu Sidike New Materials Science and Technology Co LT's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥658 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jiangsu Sidike New Materials Science and Technology Co LT's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-8.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiangsu Sidike New Materials Science and Technology Co LT's Days Inventory for the three months ended in Sep. 2024 was 121.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiangsu Sidike New Materials Science and Technology Co LT's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.75.

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. Jiangsu Sidike New Materials Science and Technology Co LT's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.98.


Jiangsu Sidike New Materials Science and Technology Co LT Total Inventories Historical Data

The historical data trend for Jiangsu Sidike New Materials Science and Technology Co LT'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.

Jiangsu Sidike New Materials Science and Technology Co LT Total Inventories Chart

Jiangsu Sidike New Materials Science and Technology Co LT 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 124.68 217.76 342.62 459.49 653.46

Jiangsu Sidike New Materials Science and Technology Co LT 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 554.85 653.46 580.29 653.01 662.10

Jiangsu Sidike New Materials Science and Technology Co LT 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.


Jiangsu Sidike New Materials Science and Technology Co LT  (SZSE:300806) 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.

Jiangsu Sidike New Materials Science and Technology Co LT'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)
=(231.163+0.75 * 1210.505+0.5 * 662.098-5181.24
-0-1.905)/453.301
=-8.19

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

Jiangsu Sidike New Materials Science and Technology Co LT'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
=657.553/494.132*365 / 4
=121.43

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

Jiangsu Sidike New Materials Science and Technology Co LT'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 )
=494.132 / 657.553
=0.75

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.

Jiangsu Sidike New Materials Science and Technology Co LT'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 )
=657.553 / 670.326
=0.98

* 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.


Jiangsu Sidike New Materials Science and Technology Co LT Total Inventories Related Terms

Thank you for viewing the detailed overview of Jiangsu Sidike New Materials Science and Technology Co LT's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangsu Sidike New Materials Science and Technology Co LT Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Shuangyang West Road, Jiangsu Sihong Economic Development Zone, Jiangsu Province, Suqian, CHN
Jiangsu Sidike New Materials Science and Technology Co LT engages in development, production and sales of functional coating composites. The company produces and sells adhesive tape products, optical film, multi-functional coating composite film; medical equipment, biomedical materials, graphite materials, paper packaging materials among others.
Executives
Yang Bi Executives
Pan Qiu Jun Executives
Jin Chuang Directors, executives
Jiang Xiao Ming Director
Wu Jiang Directors, executives
Wang Chao Executives
Tan Zheng Yong Supervisors
Wu Xiao Yan Directors, executives
Zou Na Executives
Zheng Zhi Ping Director

Jiangsu Sidike New Materials Science and Technology Co LT Headlines

No Headlines