Beijing Roborock Technology Co (SHSE:688169) Total Inventories : ¥876 Mil (As of Mar. 2024)

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What is Beijing Roborock Technology Co Total Inventories?

Beijing Roborock Technology Co's total inventories for the quarter that ended in Mar. 2024 was ¥876 Mil. Beijing Roborock Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥902 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Beijing Roborock Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥27.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Roborock Technology Co's Days Inventory for the three months ended in Mar. 2024 was 102.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Roborock Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.89.

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. Beijing Roborock Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.49.

Beijing Roborock Technology Co Total Inventories Historical Data

The historical data trend for Beijing Roborock Technology 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.

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Beijing Roborock Technology Co Total Inventories Chart

Beijing Roborock Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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296.58

381.04

595.62

693.65

928.19

Beijing Roborock Technology 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															676.07	759.62	920.98	928.19	876.00

Beijing Roborock Technology 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.

Beijing Roborock Technology Co (SHSE:688169) 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.

Beijing Roborock Technology 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)
=	(5768.969	+	0.75 * 195.403	+	0.5 * 875.998	-	2696.92
-	0	-	0.977)	/	131.579
=	27.78

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

Beijing Roborock Technology 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
	=	902.0935	/	800.863	*	365 / 4
	=	102.78

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

Beijing Roborock Technology 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 )
	=	800.863	/	902.0935
	=	0.89

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.

Beijing Roborock Technology 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 )
	=	902.0935	/	1840.829
	=	0.49

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.

Beijing Roborock Technology Co Total Inventories Related Terms

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Beijing Roborock Technology Co (SHSE:688169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Roborock Technology Co Ltd (SHSE:688169) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Heiquan Road, No. 6016, 6017, 6018, 6th Floor, Block C, Kangjian Baosheng Plaza, Room 6003, Building C, Haidian District, Beijing, CHN, 100085

Website

https://www.roborock.com

Beijing Roborock Technology Co Ltd is engaged in research, development, and production of robotic home cleaners and other cleaning appliances. The company's products portfolio includes Roborocok H6, Roborock S6 Serie, Roborock S4, Roborock S5 Max, Roborock S5, Roborock Xiaowa E2, and Roborock Xiaowa E3. Its Roborock acts both as a powerful vacuum, and an mopping robot.

Executives

Tian Jia	Core technical personnel
Luo Han	Core technical personnel
Quan Gang	senior management
Sun Jia	Directors, senior managers
Wang Zheng	Core technical personnel
Wang Xuan	senior management
Shen Rui	Senior management, core technical personnel
Qian Qi Jie	senior management
Zhang Lei	Core technical personnel
Wang Hua Huo	Core technical personnel
Wan Yun Peng	Directors, senior managers
Chang Jing	Directors, senior managers
Xue Ying Nan	Core technical personnel
Zhang Yu Qing	Core technical personnel
Liu Xiao Yu	Core technical personnel

Beijing Roborock Technology Co (SHSE:688169) Headlines

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