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Bomin Electronics Co (SHSE:603936) Total Inventories : ¥487 Mil (As of Mar. 2024)


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What is Bomin Electronics Co Total Inventories?

Bomin Electronics Co's total inventories for the quarter that ended in Mar. 2024 was ¥487 Mil. Bomin Electronics Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥497 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bomin Electronics Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-3.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bomin Electronics Co's Days Inventory for the three months ended in Mar. 2024 was 71.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bomin Electronics Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.28.

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. Bomin Electronics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.69.


Bomin Electronics Co Total Inventories Historical Data

The historical data trend for Bomin Electronics 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.

Bomin Electronics Co Total Inventories Chart

Bomin Electronics 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 385.08 374.30 531.80 488.60 507.39

Bomin Electronics 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 538.05 495.28 558.55 507.39 487.44

Bomin Electronics 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.


Bomin Electronics Co  (SHSE:603936) 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.

Bomin Electronics 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)
=(539.655+0.75 * 1150.848+0.5 * 487.435-3750.919
-0-5.367)/630.398
=-3.35

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

Bomin Electronics 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
=497.412/635.71*365 / 4
=71.40

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

Bomin Electronics 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 )
=635.71 / 497.412
=1.28

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.

Bomin Electronics 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 )
=497.412 / 719.379
=0.69

* 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.


Bomin Electronics Co Total Inventories Related Terms

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Bomin Electronics Co (SHSE:603936) Business Description

Traded in Other Exchanges
N/A
Address
Intersection of Baohua Road and Haitian Road, 28th Floor, Block C, Baozhong Excellence Times Square, Baoan District, Shenzhen, CHN
Bomin Electronics Co Ltd is a PCB manufacturer. The company is engaged in the production of high-end printed circuit boards, integrating design, processing, sales, and foreign trade. The company products include HDI (high-density interconnect) board, ordinary double-sided, multi-layer, microwave high frequency, thick copper, metal, and soft board, soft and hard board. The products are used in communication equipment, medical equipment high-tech fields such as military high-tech products, inspection systems, aerospace, and home electronics.
Executives
Liu Yan Ping Directors, senior managers
Han Zhi Wei senior management
Tan Xin senior management
Xie Jian Zhong Director
Xie Xiao Mei Director
Xu Huan Director
Liu Yuan Cheng Directors, senior managers
Song Zhi Fu Supervisors
Wang Qiang senior management
Deng Hong Xi senior management
Huang Ji Mao Director

Bomin Electronics Co (SHSE:603936) Headlines

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