Fengzhushou Co (SZSE:301382) Total Inventories : ¥31 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Fengzhushou Co Total Inventories?

Fengzhushou Co's total inventories for the quarter that ended in Mar. 2024 was ¥31 Mil. Fengzhushou Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥29 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fengzhushou Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥1.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fengzhushou Co's Days Inventory for the three months ended in Mar. 2024 was 9.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fengzhushou Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 9.58.

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. Fengzhushou Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.08.

Fengzhushou Co Total Inventories Historical Data

The historical data trend for Fengzhushou 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.

Fengzhushou Co Total Inventories Chart

Fengzhushou Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

18.08

13.97

45.03

16.08

25.83

Fengzhushou Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial														15.99	17.99	23.78	25.83	31.26

Fengzhushou 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.

Fengzhushou Co (SZSE:301382) 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.

Fengzhushou 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)
=	(386.08	+	0.75 * 576.192	+	0.5 * 31.259	-	434.047
-	0	-	7.82)	/	220.459
=	1.78

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

Fengzhushou 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
	=	28.5465	/	273.368	*	365 / 4
	=	9.53

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

Fengzhushou 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 )
	=	273.368	/	28.5465
	=	9.58

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.

Fengzhushou 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 )
	=	28.5465	/	345.94
	=	0.08

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.

Fengzhushou Co Total Inventories Related Terms

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

Fengzhushou Co (SZSE:301382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fengzhushou Co Ltd (SZSE:301382) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 660, Huangpu Avenue Middle, Room 901-909, Tianhe District, Guangdong Province, Guangzhou, CHN, 510655

Website

http://www.phone580.com

Fengzhushou Co Ltd is an Internet digital virtual commodity comprehensive service provider, mainly providing mobile Internet digital virtual commodity aggregate operation, fusion operation, distribution operation and other comprehensive operation services for customers in mobile Internet-related scenarios, and providing Internet of Things traffic access, Comprehensive solutions such as hardware solutions, scene applications, and cloud terminal solutions, and provide customized operational support services and technical services according to customer needs. It is an innovative software technology enterprise that has grown up with the development of the mobile Internet.

Executives

Luo Hong Peng	Directors, executives
Ma Da Liang	Supervisors
Ding Jing Lei	Directors, executives

Fengzhushou Co (SZSE:301382) Headlines

No Headlines