GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Huaqin Technology Co Ltd (SHSE:603296) » Definitions » Total Inventories

Huaqin Technology Co (SHSE:603296) Total Inventories : ¥4,990 Mil (As of Mar. 2024)


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

What is Huaqin Technology Co Total Inventories?

Huaqin Technology Co's total inventories for the quarter that ended in Mar. 2024 was ¥4,990 Mil. Huaqin Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥4,667 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Huaqin Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-2.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Huaqin Technology Co's Days Inventory for the three months ended in Mar. 2024 was 30.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huaqin Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.00.

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. Huaqin Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.


Huaqin Technology Co Total Inventories Historical Data

The historical data trend for Huaqin Technology 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.

Huaqin Technology Co Total Inventories Chart

Huaqin Technology Co Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,765.66 4,894.45 7,840.98 6,211.18 4,343.68

Huaqin Technology Co Quarterly Data
Dec11 Mar12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec18 Dec19 Dec20 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 5,816.45 5,114.01 5,623.30 4,343.68 4,990.07

Huaqin Technology 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.


Huaqin Technology Co  (SHSE:603296) 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.

Huaqin Technology 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)
=(15500.025+0.75 * 13894.918+0.5 * 4990.068-30497.058
-0-4.554)/725.802
=-2.87

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

Huaqin Technology 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
=4666.8715/13985.497*365 / 4
=30.45

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

Huaqin Technology 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 )
=13985.497 / 4666.8715
=3.00

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.

Huaqin Technology 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 )
=4666.8715 / 16228.945
=0.29

* 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.


Huaqin Technology Co Total Inventories Related Terms

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


Huaqin Technology Co (SHSE:603296) Business Description

Traded in Other Exchanges
N/A
Address
Building 1, No. 399 Keyuan Road, China (Shanghai) Pilot Free Trade Zone, Pudong New Area, Shanghai, CHN, 201203
Huaqin Technology Co Ltd is engaged in the research & development, design, manufacturing and operation of intelligent hardware products. The company provides global technology brand customers with end-to-end services at product level, system level, software and hardware research and development, and operation and manufacturing.
Executives
Wu Zhen Hai Directors, senior managers
Qiu Wen Sheng Directors, senior managers

Huaqin Technology Co (SHSE:603296) Headlines

No Headlines