GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sany Heavy Industry Co Ltd (SHSE:600031) » Definitions » Total Inventories

Sany Heavy Industry Co (SHSE:600031) Total Inventories : ¥20,893 Mil (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Sany Heavy Industry Co Total Inventories?

Sany Heavy Industry Co's total inventories for the quarter that ended in Mar. 2024 was ¥20,893 Mil. Sany Heavy Industry Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥20,330 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sany Heavy Industry Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-2.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sany Heavy Industry Co's Days Inventory for the three months ended in Mar. 2024 was 145.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sany Heavy Industry Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.63.

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. Sany Heavy Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.14.


Sany Heavy Industry Co Total Inventories Historical Data

The historical data trend for Sany Heavy Industry 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.

Sany Heavy Industry Co Total Inventories Chart

Sany Heavy Industry Co 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 14,251.74 19,197.91 18,462.61 19,738.36 19,767.76

Sany Heavy Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23,360.31 22,433.39 20,889.68 19,767.76 20,893.23

Sany Heavy Industry 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.


Sany Heavy Industry Co  (SHSE:600031) 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.

Sany Heavy Industry 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)
=(31214.321+0.75 * 25328.305+0.5 * 20893.232-83916.598
-0-1157.504)/8485.74
=-2.88

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

Sany Heavy Industry 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
=20330.497/12767.485*365 / 4
=145.30

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

Sany Heavy Industry 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 )
=12767.485 / 20330.497
=0.63

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.

Sany Heavy Industry 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 )
=20330.497 / 17830.224
=1.14

* 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.


Sany Heavy Industry Co Total Inventories Related Terms

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


Sany Heavy Industry Co (SHSE:600031) Business Description

Traded in Other Exchanges
N/A
Address
SANY Industrial Park, Economic and Technological Development Zone, Hunan, Changsha, CHN, 410100
Sany is a leading construction machinery manufacturer in China and is one of the top 10 in the world in terms of revenue. Its products range from concrete and crane machinery to excavator, road construction, piling machinery, and others. Following its acquisition of Putzmeister in 2012, it strengthened its position in the concrete machinery space globally as one of the leading concrete pumps manufacturers. It is also the largest excavator manufacturer in China with 21% market share in 2017. China accounted for around 70% of its revenue in 2019, while the rest comes from overseas markets.
Executives
Xi Qing Director
Zhang Ke senior management
Yu Hong Fu Directors, senior managers
Huang Jian Long Directors, senior managers
Cai Sheng Lin senior management
Tang Xiu Guo Director
Xiang Wen Bo Director
Sun Xin Liang senior management
Yi Xiao Gang Directors, senior managers
Dai Qing Hua senior management
Tang Li Hua senior management
Yuan Ai Jin senior management
Xiang Si Long senior management
Liu Hua senior management
Xiao You Liang senior management

Sany Heavy Industry Co (SHSE:600031) Headlines

No Headlines