Shenzhen Longsys Electronics Co (SZSE:301308) Total Inventories : ¥7,568 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Shenzhen Longsys Electronics Co Total Inventories?

Shenzhen Longsys Electronics Co's total inventories for the quarter that ended in Mar. 2024 was ¥7,568 Mil. Shenzhen Longsys Electronics Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥6,730 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shenzhen Longsys Electronics Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-8.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Longsys Electronics Co's Days Inventory for the three months ended in Mar. 2024 was 182.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Longsys Electronics Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.50.

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 Longsys Electronics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.51.

Shenzhen Longsys Electronics Co Total Inventories Historical Data

The historical data trend for Shenzhen Longsys Electronics 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 Longsys Electronics Co Total Inventories Chart

Shenzhen Longsys Electronics Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

1,825.42

2,246.01

3,592.46

3,744.18

5,893.17

Shenzhen Longsys Electronics Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial												3,672.24	4,000.08	4,850.41	5,893.17	7,567.69

Shenzhen Longsys Electronics 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 Longsys Electronics Co (SZSE:301308) 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 Longsys Electronics 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)
=	(900.246	+	0.75 * 1738.257	+	0.5 * 7567.685	-	9190.832
-	0	-	427.125)	/	412.864
=	-8.79

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

Shenzhen Longsys Electronics 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
	=	6730.425	/	3366.674	*	365 / 4
	=	182.42

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

Shenzhen Longsys Electronics 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 )
	=	3366.674	/	6730.425
	=	0.50

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 Longsys Electronics 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 )
	=	6730.425	/	4452.882
	=	1.51

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 Longsys Electronics Co Total Inventories Related Terms

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

Shenzhen Longsys Electronics Co (SZSE:301308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Longsys Electronics Co Ltd (SZSE:301308) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8 Kefa Road, A, B, C, D, E, F1, 8th Floor, Building 1, Financial Services Technology Innovation Base, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.longsys.com

Shenzhen Longsys Electronics Co Ltd is a technology-based storage product manufacturer dedicated to memory chip architecture and application. The company has five product lines: embedded storage, industrial storage, mobile storage, SSD storage, and memory module. It provides systematic solutions for personal data and industrial software and hardware storage products.

Executives

Cai Hua Bo	Directors, executives
Wang Jing Yang	Directors, executives
Zhu Yu	Directors, executives

Shenzhen Longsys Electronics Co (SZSE:301308) Headlines

No Headlines