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Cultural Investment Holdings Co (SHSE:600715) Total Inventories : ¥86.0 Mil (As of Mar. 2024)


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What is Cultural Investment Holdings Co Total Inventories?

Cultural Investment Holdings Co's total inventories for the quarter that ended in Mar. 2024 was ¥86.0 Mil. Cultural Investment Holdings Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥117.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cultural Investment Holdings Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-1.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cultural Investment Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 112.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cultural Investment Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.81.

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. Cultural Investment Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.86.


Cultural Investment Holdings Co Total Inventories Historical Data

The historical data trend for Cultural Investment Holdings 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.

Cultural Investment Holdings Co Total Inventories Chart

Cultural Investment Holdings 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 234.80 159.47 239.73 334.50 148.79

Cultural Investment Holdings 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 334.62 335.62 337.51 148.79 86.02

Cultural Investment Holdings 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.


Cultural Investment Holdings Co  (SHSE:600715) 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.

Cultural Investment Holdings 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)
=(141.586+0.75 * 92.389+0.5 * 86.015-4028.754
-0--111.341)/1854.85
=-1.98

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

Cultural Investment Holdings 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
=117.403/95.443*365 / 4
=112.25

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

Cultural Investment Holdings 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 )
=95.443 / 117.403
=0.81

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.

Cultural Investment Holdings 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 )
=117.403 / 136.246
=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.


Cultural Investment Holdings Co Total Inventories Related Terms

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Cultural Investment Holdings Co (SHSE:600715) Business Description

Traded in Other Exchanges
N/A
Address
No. 22 Baisong Road, Sujiatun District, Shenyang, Liaoning, CHN, 110101
Website
Cultural Investment Holdings Co Ltd, formerly Song Liao Automobile Co Ltd is engaged in the manufacture and distribution of automobile body components and automobiles in China.
Executives
Zhang Li Hua Director
Hao Wen Yan Director
Feng Jun senior management

Cultural Investment Holdings Co (SHSE:600715) Headlines

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