Ligao Foods Co (SZSE:300973) Total Inventories : ¥273 Mil (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Ligao Foods Co Total Inventories?

Ligao Foods Co's total inventories for the quarter that ended in Sep. 2024 was ¥273 Mil. Ligao Foods Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ¥267 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ligao Foods Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ¥-0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ligao Foods Co's Days Inventory for the three months ended in Sep. 2024 was 37.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ligao Foods Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.41.

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. Ligao Foods Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.29.

Ligao Foods Co Total Inventories Historical Data

The historical data trend for Ligao Foods 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.

Ligao Foods Co Total Inventories Chart

Ligao Foods Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

116.72

140.54

281.94

312.12

262.04

Ligao Foods 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															278.55	262.04	278.39	260.79	272.72

Ligao Foods 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.

Ligao Foods Co (SZSE:300973) 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.

Ligao Foods 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)
=	(1088.142	+	0.75 * 298.34	+	0.5 * 272.72	-	1480.999
-	0	-	13.922)	/	169.34
=	-0.28

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

Ligao Foods 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
	=	266.756	/	642.51	*	365 / 4
	=	37.88

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

Ligao Foods 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 )
	=	642.51	/	266.756
	=	2.41

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.

Ligao Foods 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 )
	=	266.756	/	935.845
	=	0.29

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.

Ligao Foods Co Total Inventories Related Terms

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

Ligao Foods Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ligao Foods Co Ltd (SZSE:300973) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

Pingling Industrial Zone, Shitan Town Industrial Park, Zengcheng, Guangdong Province, Guangzhou, CHN, 510420

Website

http://www.ligaofoods.com

Ligao Foods Co Ltd is engaged in the production and sales of bakery food raw materials. The company's product range covers baking, beverages, snack foods, frozen semi-finished products and other fields.

Ligao Foods Co Headlines

No Headlines