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Anhui Sentai WPC Group Share Co (SZSE:301429) Total Inventories : ¥191.3 Mil (As of Mar. 2024)


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What is Anhui Sentai WPC Group Share Co Total Inventories?

Anhui Sentai WPC Group Share Co's total inventories for the quarter that ended in Mar. 2024 was ¥191.3 Mil. Anhui Sentai WPC Group Share Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥164.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Anhui Sentai WPC Group Share Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥5.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anhui Sentai WPC Group Share Co's Days Inventory for the three months ended in Mar. 2024 was 109.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Sentai WPC Group Share Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.83.

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. Anhui Sentai WPC Group Share Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.86.


Anhui Sentai WPC Group Share Co Total Inventories Historical Data

The historical data trend for Anhui Sentai WPC Group Share 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.

Anhui Sentai WPC Group Share Co Total Inventories Chart

Anhui Sentai WPC Group Share Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 89.04 115.42 223.32 115.06 137.01

Anhui Sentai WPC Group Share Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 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 109.18 111.28 128.88 137.01 191.28

Anhui Sentai WPC Group Share 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.


Anhui Sentai WPC Group Share Co  (SZSE:301429) 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.

Anhui Sentai WPC Group Share 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)
=(640.489+0.75 * 143.174+0.5 * 191.284-235.376
-0--0.587)/118.22
=5.15

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

Anhui Sentai WPC Group Share 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
=164.1445/137.014*365 / 4
=109.32

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

Anhui Sentai WPC Group Share 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 )
=137.014 / 164.1445
=0.83

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.

Anhui Sentai WPC Group Share 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 )
=164.1445 / 190.166
=0.86

* 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.


Anhui Sentai WPC Group Share Co Total Inventories Related Terms

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Anhui Sentai WPC Group Share Co (SZSE:301429) Business Description

Traded in Other Exchanges
N/A
Address
Guohua Road, Guangde Economic Development Zone, Anhui Province, Xuancheng, CHN, 242200
Anhui Sentai WPC Group Share Co Ltd is focused on the research and development and promotion of wood-plastic composite materials and their products. The company's products are mainly used in wood substitution, whole house assembly, prefabricated buildings, automotive interiors and other fields.

Anhui Sentai WPC Group Share Co (SZSE:301429) Headlines

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