Biwin Storage Technology Co (SHSE:688525) Total Inventories : ¥3,461 Mil (As of Mar. 2024)

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What is Biwin Storage Technology Co Total Inventories?

Biwin Storage Technology Co's total inventories for the quarter that ended in Mar. 2024 was ¥3,461 Mil. Biwin Storage Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥3,506 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Biwin Storage Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-3.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Biwin Storage Technology Co's Days Inventory for the three months ended in Mar. 2024 was 246.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Biwin Storage Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.37.

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. Biwin Storage Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.03.

Biwin Storage Technology Co Total Inventories Historical Data

The historical data trend for Biwin Storage 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.

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Biwin Storage Technology Co Total Inventories Chart

Biwin Storage Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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600.84

759.09

1,595.49

1,954.09

3,552.22

Biwin Storage Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial										2,761.11	3,307.46	3,518.88	3,552.22	3,460.65

Biwin Storage 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.

Biwin Storage Technology Co (SHSE:688525) 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.

Biwin Storage 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)
=	(679.863	+	0.75 * 650.253	+	0.5 * 3460.649	-	4321.586
-	0	-	-17.663)	/	430.329
=	-3.27

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

Biwin Storage 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
	=	3506.434	/	1299.457	*	365 / 4
	=	246.23

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

Biwin Storage 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 )
	=	1299.457	/	3506.434
	=	0.37

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.

Biwin Storage 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 )
	=	3506.434	/	1726.642
	=	2.03

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.

Biwin Storage Technology Co Total Inventories Related Terms

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Biwin Storage Technology Co (SHSE:688525) Business Description

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Address

No. 1213, Liuxian Avenue, Taoyuan Street, Floor 1-3, Building 4, Building 4, Zone 2, Zhongguan Honghualing Industrial South District, Pingshan Community, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

https://www.biwin.com.cn

Biwin Storage Technology Co Ltd focuses on the research and development and packaging and testing of memory chips. The company integrates storage medium characteristic research, firmware algorithm development, storage chip advanced packaging, storage chip test equipment R&D and algorithm development, brand operation and others. Its memory chip products are widely used in mobile smart terminals, PCs, industry terminals, data centers, smart cars, mobile storage and other information technology fields.

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