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J&T Global Express (HKSE:01519) Total Inventories : HK$271 Mil (As of Dec. 2023)


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What is J&T Global Express Total Inventories?

J&T Global Express's total inventories for the quarter that ended in Dec. 2023 was HK$271 Mil. J&T Global Express's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$222 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. J&T Global Express's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-1.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. J&T Global Express's Days Inventory for the six months ended in Dec. 2023 was 1.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. J&T Global Express's Inventory Turnover for the quarter that ended in Dec. 2023 was 159.91.

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. J&T Global Express's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

J&T Global Express Total Inventories Historical Data

The historical data trend for J&T Global Express'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.

J&T Global Express Total Inventories Chart

J&T Global Express Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
123.67 228.97 226.71 271.44

J&T Global Express Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 228.97 - 226.71 171.98 271.44

J&T Global Express 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.

J&T Global Express  (HKSE:01519) 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.

J&T Global Express's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11973.634+0.75 * 4342.077+0.5 * 271.437-32190.551
-0--2109.294)/8812.17
=-1.67

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

J&T Global Express's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=221.709/35453.009*365 / 2
=1.14

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

J&T Global Express's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=35453.009 / 221.709
=159.91

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.

J&T Global Express's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=221.709 / 37633.958
=0.01

* 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.

J&T Global Express Total Inventories Related Terms

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J&T Global Express (HKSE:01519) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (HKSE:01519) » Definitions » Total Inventories
Comparable Companies
HKSE:02618 HKSE:00598 HKSE:00636 HKSE:09699 HKSE:01442 HKSE:02130 HKSE:02490 HKSE:03399 HKSE:02482 HKSE:00500 UPS FDX XTER:DHL XSWX:KNIN OCSE:DSV SZSE:002352 ZTO JBHT EXPD CHRW
Traded in Other Exchanges
N/A
Address
1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN
Website
https://www.jtexpress.com
J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.
Executives
Boyu Capital Fund Iv, L.p. 2201 Interest of corporation controlled by you
Tong Xiaomeng 2201 Interest of corporation controlled by you
Boyu Capital General Partner Iv, Ltd 2201 Interest of corporation controlled by you
Boyu Capital Group Holdings Ltd 2201 Interest of corporation controlled by you
Boyu Group, Llc 2201 Interest of corporation controlled by you
Xyxy Holdings Ltd. 2201 Interest of corporation controlled by you
Tencent Holdings Limited 2201 Interest of corporation controlled by you
Li Jie
Global Express Gp Limited
Global Express Fund L.p.
Fast Creative Zone Limited
Vistra Trust (singapore) Pte. Limited
Topping Summit Limited
Chen Mingyong
Jumping Summit Limited

J&T Global Express (HKSE:01519) Headlines

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