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Huaxin Cement Co (SHSE:600801) Total Inventories : ¥3,597 Mil (As of Mar. 2024)


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What is Huaxin Cement Co Total Inventories?

Huaxin Cement Co's total inventories for the quarter that ended in Mar. 2024 was ¥3,597 Mil. Huaxin Cement Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥3,530 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Huaxin Cement Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-14.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Huaxin Cement Co's Days Inventory for the three months ended in Mar. 2024 was 58.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huaxin Cement Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.57.

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. Huaxin Cement Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.


Huaxin Cement Co Total Inventories Historical Data

The historical data trend for Huaxin Cement 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.

Huaxin Cement Co Total Inventories Chart

Huaxin Cement 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 1,997.00 2,349.16 3,541.96 3,405.12 3,462.94

Huaxin Cement 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 3,288.27 3,686.33 3,644.52 3,462.94 3,597.25

Huaxin Cement 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.


Huaxin Cement Co  (SHSE:600801) 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.

Huaxin Cement 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)
=(6334.388+0.75 * 3032.437+0.5 * 3597.247-35873.699
-0-4202.526)/2079
=-14.27

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

Huaxin Cement 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
=3530.0925/5533.106*365 / 4
=58.22

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

Huaxin Cement 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 )
=5533.106 / 3530.0925
=1.57

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.

Huaxin Cement 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 )
=3530.0925 / 7083.602
=0.50

* 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.


Huaxin Cement Co Total Inventories Related Terms

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Huaxin Cement Co (SHSE:600801) Business Description

Traded in Other Exchanges
Address
No.426, Gaoxin Avenue, Tower B, Huaxin Tower, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN, 430073
Huaxin Cement Co Ltd is engaged in the production and distribution of cement, ready-mix concrete, cement equipment, and cement packaging products. It is also engaged in environmental protection, equipment manufacturing, EPC engineering, Project consulting, and high-tech building materials. Its products include 32.5 type cement, 42.5 type and above cement, Commercial clinker, Concrete, Aggregate, and others. Its geographical segments include China, Tajikistan, and Cambodia, out of which the majority of the revenue is generated from China.
Executives
Chen Qian senior management
Li Ye Qing Director
Ming Jin Hua Supervisors
Liu Feng Shan Directors, senior managers
Ye Jia Xing senior management
Xu Gang senior management
Liu Yun Xia senior management
Mei Xiang Fu senior management
Yuan De Zu senior management
Wang Jia Jun senior management
Yang Hong Bing senior management
Ke You Liang senior management
Du Ping senior management
Zhang Lin Supervisors
Peng Qing Yu Supervisors

Huaxin Cement Co (SHSE:600801) Headlines

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