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Suning Universal Co (SZSE:000718) Total Inventories : ¥8,437 Mil (As of Mar. 2024)


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What is Suning Universal Co Total Inventories?

Suning Universal Co's total inventories for the quarter that ended in Mar. 2024 was ¥8,437 Mil. Suning Universal Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥8,474 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Suning Universal Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Suning Universal Co's Days Inventory for the three months ended in Mar. 2024 was 4,136.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suning Universal Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.02.

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. Suning Universal Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 18.63.


Suning Universal Co Total Inventories Historical Data

The historical data trend for Suning Universal 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.

Suning Universal Co Total Inventories Chart

Suning Universal 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 10,938.58 9,822.21 9,923.04 9,390.08 8,510.41

Suning Universal 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 9,463.63 9,224.90 9,490.22 8,510.41 8,436.72

Suning Universal 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.


Suning Universal Co  (SZSE:000718) 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.

Suning Universal 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)
=(468.217+0.75 * 66.548+0.5 * 8436.715-5021.506
-0-268.679)/3034.64
=-0.18

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

Suning Universal 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
=8473.562/186.946*365 / 4
=4,136.02

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

Suning Universal 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 )
=186.946 / 8473.562
=0.02

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.

Suning Universal 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 )
=8473.562 / 454.798
=18.63

* 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.


Suning Universal Co Total Inventories Related Terms

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Suning Universal Co (SZSE:000718) Business Description

Traded in Other Exchanges
N/A
Address
188 Guangzhou Road, Nanjing, CHN
Suning Universal Co Ltd operates in the real estate development industry. The projects of the company include commercial estate which includes tianrun city square and suning beitang project, residential property which include suning venice, suning tianrun city, and suning mingduhui, the hotel which includes suning venice hotel, and building materials.
Executives
Jiang Li Bo Secretary, Director
Liu De Bo Executives
Li Wei Directors, executives
Li Jun Supervisors
Zhang Kang Li Director
Zhang Gui Ping Director
Ma Li Li Supervisors
Jia Sen Executives
Liu Deng Hua Secretary Dong
Wang Yong Gang Executives
Guo Ru Jin Directors, executives
Zhang Jian Guo Supervisors
Qiu Hong Tao Securities Affairs Representative
Gu Jian Hua Director
Cui Zhen Jie Executives

Suning Universal Co (SZSE:000718) Headlines

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