GURUFOCUS.COM » STOCK LIST » Technology » Hardware » OFILM Group Co Ltd (SZSE:002456) » Definitions » Total Inventories

OFILM Group Co (SZSE:002456) Total Inventories : ¥2,812 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is OFILM Group Co Total Inventories?

OFILM Group Co's total inventories for the quarter that ended in Mar. 2024 was ¥2,812 Mil. OFILM Group Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥2,663 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. OFILM Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-2.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OFILM Group Co's Days Inventory for the three months ended in Mar. 2024 was 58.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. OFILM Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.56.

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. OFILM Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.


OFILM Group Co Total Inventories Historical Data

The historical data trend for OFILM Group 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.

OFILM Group Co Total Inventories Chart

OFILM Group 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 7,269.27 4,947.19 3,512.97 2,222.23 2,514.31

OFILM Group 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 2,126.25 2,279.35 2,329.51 2,514.31 2,811.81

OFILM Group 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.


OFILM Group Co  (SZSE:002456) 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.

OFILM Group 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)
=(1654.135+0.75 * 5935.228+0.5 * 2811.805-15612.435
-0-768.035)/3257.82
=-2.72

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

OFILM Group 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
=2663.0565/4158.622*365 / 4
=58.43

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

OFILM Group 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 )
=4158.622 / 2663.0565
=1.56

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.

OFILM Group 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 )
=2663.0565 / 4646.012
=0.57

* 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.


OFILM Group Co Total Inventories Related Terms

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


OFILM Group Co (SZSE:002456) Business Description

Traded in Other Exchanges
N/A
Address
Huafa Road, Songbai Road, Gongming Street, Oufeiguang Science and Technology Park, Guangming New District, Guangdong, Baoan District, Shenzhen, CHN, 518107
OFILM Group Co Ltd manufactures precision optics and optoelectronics films. The company's products include a touch panel module, a fingerprint recognition module, and electronic products of the intelligent vehicle among others. Its products are used in the smartphone, tablet PC, smart car, and wearable electronics. The firm has branches in China, the United States, Japan, South Korea, and Europe.
Executives
Li Yun Supervisors
Liu Xiao Chen Directors, executives
Li Ying Ping Executives
Ye Qing Biao Executives
Hai Jiang Directors, executives
Huang Li Hui Directors, executives
Luo Yong Hui Supervisors
Yin Yun Yun Executives
Zhou Liang Directors, executives
Tan Zhen Lin Executives
Yao Fei Executives
Ceng Zhao Hao Executives
Cai Xue Peng Directors, executives
Lin Hong Ping Supervisors
Shen Cheng Zhe Executives

OFILM Group Co (SZSE:002456) Headlines

No Headlines