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Zhangjiagang Zhonghuan Hailu High-end Equipment Co (SZSE:301040) Total Inventories : ¥166.9 Mil (As of Mar. 2025)


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What is Zhangjiagang Zhonghuan Hailu High-end Equipment Co Total Inventories?

Zhangjiagang Zhonghuan Hailu High-end Equipment Co's total inventories for the quarter that ended in Mar. 2025 was ¥166.9 Mil. Zhangjiagang Zhonghuan Hailu High-end Equipment Co's average total inventories from the quarter that ended in Dec. 2024 to the quarter that ended in Mar. 2025 was ¥161.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Days Inventory for the three months ended in Mar. 2025 was 93.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.97.

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. Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.00.


Zhangjiagang Zhonghuan Hailu High-end Equipment Co Total Inventories Historical Data

The historical data trend for Zhangjiagang Zhonghuan Hailu High-end Equipment 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.

Zhangjiagang Zhonghuan Hailu High-end Equipment Co Total Inventories Chart

Zhangjiagang Zhonghuan Hailu High-end Equipment 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 172.81 151.27 192.27 195.46 156.81

Zhangjiagang Zhonghuan Hailu High-end Equipment Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 181.78 182.00 171.31 156.81 166.93

Zhangjiagang Zhonghuan Hailu High-end Equipment 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.


Zhangjiagang Zhonghuan Hailu High-end Equipment Co  (SZSE:301040) 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.

Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 is

Net-Net Working Capital Per Share (Q: Mar. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(359.685+0.75 * 322.897+0.5 * 166.93-708.515
-0-0)/100.001
=-0.23

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

Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=161.8715/157.594*365 / 4
=93.73

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

Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=157.594 / 161.8715
=0.97

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.

Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=161.8715 / 161.29
=1.00

* 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.


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Zhangjiagang Zhonghuan Hailu High-end Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Hexing Huashan Road, Jinfeng Town, Jiangsu Province, Zhangjiagang, CHN, 215626
Zhangjiagang Zhonghuan Hailu High-end Equipment Co Ltd is engaged in the research and development, production and sales of industrial metal forgings. The company's main products include bearing forgings, flange forgings, ring gear forgings and other industrial metal forgings.
Executives
Dai Yu Tong Directors, executives
Song Ya Dong Directors, executives
Zhang Li Ping Supervisors
Zhu Qian Hao Directors, executives

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