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Zhejiang EV-Tech Co (SZSE:301607) Total Inventories : ¥633 Mil (As of Mar. 2025)


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What is Zhejiang EV-Tech Co Total Inventories?

Zhejiang EV-Tech Co's total inventories for the quarter that ended in Mar. 2025 was ¥633 Mil. Zhejiang EV-Tech Co's average total inventories from the quarter that ended in Dec. 2024 to the quarter that ended in Mar. 2025 was ¥554 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zhejiang EV-Tech Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ¥-1.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhejiang EV-Tech Co's Days Inventory for the three months ended in Mar. 2025 was 122.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang EV-Tech Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.74.

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. Zhejiang EV-Tech Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.10.


Zhejiang EV-Tech Co Total Inventories Historical Data

The historical data trend for Zhejiang EV-Tech 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.

Zhejiang EV-Tech Co Total Inventories Chart

Zhejiang EV-Tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial 80.06 180.73 267.53 322.44 476.03

Zhejiang EV-Tech Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Dec22 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 - 389.42 443.81 476.03 632.94

Zhejiang EV-Tech 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.


Zhejiang EV-Tech Co  (SZSE:301607) 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.

Zhejiang EV-Tech 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)
=(401.997+0.75 * 691.252+0.5 * 632.94-1442.036
-0-0)/111.015
=-1.85

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

Zhejiang EV-Tech 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
=554.485/413.003*365 / 4
=122.51

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

Zhejiang EV-Tech 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 )
=413.003 / 554.485
=0.74

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.

Zhejiang EV-Tech 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 )
=554.485 / 506.153
=1.10

* 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.


Zhejiang EV-Tech Co Total Inventories Related Terms

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Zhejiang EV-Tech Co Business Description

Traded in Other Exchanges
N/A
Address
No. 505, Wenchang Road, Dipu Street, Zhejiang Province, Anji County, Huzhou, CHN, 313300
Zhejiang EV-Tech Co Ltd is a national high-tech enterprise focusing on core components of new energy vehicles, and the main supplier of on-board chargers and on-board DC/DC converters for new energy vehicles. Its production base is located in Anji County, Huzhou City, and its R&D center lies in West Lake District, Hangzhou City.

Zhejiang EV-Tech Co Headlines

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