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Bomesc Offshore Engineering Co (SHSE:603727) Total Inventories : ¥185 Mil (As of Mar. 2024)


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What is Bomesc Offshore Engineering Co Total Inventories?

Bomesc Offshore Engineering Co's total inventories for the quarter that ended in Mar. 2024 was ¥185 Mil. Bomesc Offshore Engineering Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥177 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bomesc Offshore Engineering Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥2.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bomesc Offshore Engineering Co's Days Inventory for the three months ended in Mar. 2024 was 39.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bomesc Offshore Engineering Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.32.

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. Bomesc Offshore Engineering Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.


Bomesc Offshore Engineering Co Total Inventories Historical Data

The historical data trend for Bomesc Offshore Engineering 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.

Bomesc Offshore Engineering Co Total Inventories Chart

Bomesc Offshore Engineering 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 183.67 243.91 397.97 305.05 169.66

Bomesc Offshore Engineering 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 293.30 253.86 199.21 169.66 185.09

Bomesc Offshore Engineering 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.


Bomesc Offshore Engineering Co  (SHSE:603727) 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.

Bomesc Offshore Engineering 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)
=(1655.058+0.75 * 280.502+0.5 * 185.091-1389.754
-0-0.151)/281.719
=2.02

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

Bomesc Offshore Engineering 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
=177.377/411.635*365 / 4
=39.32

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

Bomesc Offshore Engineering 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 )
=411.635 / 177.377
=2.32

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.

Bomesc Offshore Engineering 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 )
=177.377 / 496.777
=0.36

* 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.


Bomesc Offshore Engineering Co Total Inventories Related Terms

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Bomesc Offshore Engineering Co (SHSE:603727) Business Description

Traded in Other Exchanges
N/A
Address
No. 14, Fourth Avenue, Tianjin Economic and Technological Development Zone, Tianjin, CHN, 300457
Bomesc Offshore Engineering Co Ltd is an engineering, procurement and construction company. The company targets domestic and international markets and focuses on high-end customers in marine oil and gas development, mining, and natural gas liquefaction industries. Its main products are divided into marine oil and gas development modules and mining models. In addition, the company provides energy resources facilities for at home and abroad in the fields of offshore oil and gas development, mining and natural gas liquefaction.
Executives
Shi Lei Director

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