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Anhui Wantong Technology Co (SZSE:002331) Total Inventories : ¥428 Mil (As of Mar. 2024)


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What is Anhui Wantong Technology Co Total Inventories?

Anhui Wantong Technology Co's total inventories for the quarter that ended in Mar. 2024 was ¥428 Mil. Anhui Wantong Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥415 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Anhui Wantong Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anhui Wantong Technology Co's Days Inventory for the three months ended in Mar. 2024 was 340.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Wantong Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.27.

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. Anhui Wantong Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.81.


Anhui Wantong Technology Co Total Inventories Historical Data

The historical data trend for Anhui Wantong 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.

Anhui Wantong Technology Co Total Inventories Chart

Anhui Wantong Technology 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 522.44 301.31 470.67 410.09 402.66

Anhui Wantong Technology 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 490.18 570.67 541.69 402.66 427.85

Anhui Wantong 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.


Anhui Wantong Technology Co  (SZSE:002331) 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.

Anhui Wantong 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)
=(699.725+0.75 * 786.755+0.5 * 427.849-1016.9
-0-118.758)/410.246
=0.90

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

Anhui Wantong 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
=415.2565/111.221*365 / 4
=340.69

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

Anhui Wantong 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 )
=111.221 / 415.2565
=0.27

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.

Anhui Wantong 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 )
=415.2565 / 147.594
=2.81

* 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.


Anhui Wantong Technology Co Total Inventories Related Terms

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Anhui Wantong Technology Co (SZSE:002331) Business Description

Traded in Other Exchanges
N/A
Address
No. 589, Lishui Road, High-tech Zone, Hefei, Anhui, CHN, 230088
Anhui Wantong Technology Co Ltd is a high-tech enterprise specializing in system integration, application software development, operation and maintenance services in the field of traffic information construction. It offers system integration solution that combines professionalism and applicability and applies it to highways, port terminals, urban intelligent transportation, trunk roads, logistics tracking, and judicial, tax, education, and others.
Executives
Sun Sheng Executives
Kong Mei Executives
Pan Da Sheng Executives
Lu Yu Ping Executives
Ma Jing Jing Supervisors
Chen Xin Director
Yang Shi Ning Directors, executives
Yang Xin Zi Directors, executives
Wang Zhong Sheng Director
Wang Xi Zhong Director
Zheng Huai Directors, executives
Wang Zhi Jie Director
Zhang Ting Supervisors
Ji Shi Guang Director

Anhui Wantong Technology Co (SZSE:002331) Headlines

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