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TBEA Co (SHSE:600089) Total Inventories : ¥15,822 Mil (As of Mar. 2024)


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What is TBEA Co Total Inventories?

TBEA Co's total inventories for the quarter that ended in Mar. 2024 was ¥15,822 Mil. TBEA Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥15,123 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TBEA Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-17.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TBEA Co's Days Inventory for the three months ended in Mar. 2024 was 76.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. TBEA Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.19.

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. TBEA Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.64.


TBEA Co Total Inventories Historical Data

The historical data trend for TBEA 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.

TBEA Co Total Inventories Chart

TBEA 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 7,270.79 6,018.09 9,751.85 14,187.13 14,423.94

TBEA 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 15,004.64 15,956.75 16,795.89 14,423.94 15,822.14

TBEA 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.


TBEA Co  (SHSE:600089) 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.

TBEA 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)
=(25650.564+0.75 * 16422.619+0.5 * 15822.139-107356.876
-0-25747.823)/5052.79
=-17.26

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

TBEA 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
=15123.038/18040.06*365 / 4
=76.50

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

TBEA 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 )
=18040.06 / 15123.038
=1.19

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.

TBEA 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 )
=15123.038 / 23563.419
=0.64

* 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.


TBEA Co Total Inventories Related Terms

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TBEA Co (SHSE:600089) Business Description

Traded in Other Exchanges
N/A
Address
No.189 Beijing South Road, Xinjiang Uygur Autonomous Region, Changji, CHN, 831100
TBEA Co Ltd is a China-based company engaged in offering service providers energy business solutions. The company distributes electric power transmissions and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions ranging from surveying to design, construction, installation, and commissioning to the integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and international countries.
Executives
Wang Yi Min senior management
Guo Jun Xiang Director
Bai Yun Gang senior management
Guo Jin senior management
Hu You Cheng senior management
Jiao Hai Hua senior management
Huang Han Jie Directors, senior managers
Li Bian Qu Director
Wu Wei senior management
Luo Jun senior management
Jiang Li Zhi Supervisors
Zhang Jian senior management
Ye Jun Director
Hu Nan senior management
Wang Song Wei senior management

TBEA Co (SHSE:600089) Headlines

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