GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » ShenZhen YUTO Packaging Technology Co Ltd (SZSE:002831) » Definitions » Total Inventories

ShenZhen YUTO Packaging Technology Co (SZSE:002831) Total Inventories : ¥1,515 Mil (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is ShenZhen YUTO Packaging Technology Co Total Inventories?

ShenZhen YUTO Packaging Technology Co's total inventories for the quarter that ended in Mar. 2024 was ¥1,515 Mil. ShenZhen YUTO Packaging Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥1,567 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ShenZhen YUTO Packaging Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-1.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ShenZhen YUTO Packaging Technology Co's Days Inventory for the three months ended in Mar. 2024 was 52.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. ShenZhen YUTO Packaging Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.73.

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. ShenZhen YUTO Packaging Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.45.


ShenZhen YUTO Packaging Technology Co Total Inventories Historical Data

The historical data trend for ShenZhen YUTO Packaging 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.

ShenZhen YUTO Packaging Technology Co Total Inventories Chart

ShenZhen YUTO Packaging 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 1,011.32 1,518.31 1,803.28 1,766.44 1,619.15

ShenZhen YUTO Packaging 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 1,646.97 1,630.42 1,748.75 1,619.15 1,515.05

ShenZhen YUTO Packaging 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.


ShenZhen YUTO Packaging Technology Co  (SZSE:002831) 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.

ShenZhen YUTO Packaging 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)
=(4769.67+0.75 * 4771.2+0.5 * 1515.054-9725.646
-0-491.973)/930.514
=-1.20

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

ShenZhen YUTO Packaging 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
=1567.104/2707.978*365 / 4
=52.81

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

ShenZhen YUTO Packaging 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 )
=2707.978 / 1567.104
=1.73

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.

ShenZhen YUTO Packaging 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 )
=1567.104 / 3475.806
=0.45

* 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.


ShenZhen YUTO Packaging Technology Co Total Inventories Related Terms

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


ShenZhen YUTO Packaging Technology Co (SZSE:002831) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Shihuan Road, Shiyan Town, Baoan District, Shenzhen, CHN, 518108
ShenZhen YUTO Packaging Technology Co Ltd provides printing and packaging solutions. The company specializes in consumer electronics, health, tobacco, cosmetics, food and other industries. It provides products and solutions, including color boxes, gift boxes, brochures, stickers, cartons, paper holders and intelligent packaging, environmental packaging, functional packaging, while providing creative design, innovative research and development, integrated manufacturing, automation large-scale production, multi-regional operation and the nearest fast delivery and other professional services.
Executives
Li Yu Xuan Secretary Dong
Wang Bin Chu Executives
Deng Qin Supervisors
Wu Lan Lan Directors, executives
Liu Zhong Qing Executives
Zhang En Fang Directors, executives
Wang Hua Jun Directors, executives
Peng Jing Supervisors
Tang Zi Wei Supervisors
Zhu Yong Li Executives

ShenZhen YUTO Packaging Technology Co (SZSE:002831) Headlines

No Headlines