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Shanghai Stonehill Technology Co (SZSE:002195) Total Inventories : ¥8.5 Mil (As of Mar. 2024)


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What is Shanghai Stonehill Technology Co Total Inventories?

Shanghai Stonehill Technology Co's total inventories for the quarter that ended in Mar. 2024 was ¥8.5 Mil. Shanghai Stonehill Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥8.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shanghai Stonehill Technology Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥1.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Stonehill Technology Co's Days Inventory for the three months ended in Mar. 2024 was 10.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Stonehill Technology Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.37.

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. Shanghai Stonehill Technology Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.


Shanghai Stonehill Technology Co Total Inventories Historical Data

The historical data trend for Shanghai Stonehill 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.

* Premium members only.

Shanghai Stonehill Technology Co Total Inventories Chart

Shanghai Stonehill Technology 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 - - - - 7.78

Shanghai Stonehill 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 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 - - - 7.78 8.51

Shanghai Stonehill 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.


Shanghai Stonehill Technology Co  (SZSE:002195) 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.

Shanghai Stonehill 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)
=(7323.194+0.75 * 181.866+0.5 * 8.509-259.705
-0-0.191)/5724.85
=1.26

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

Shanghai Stonehill 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
=8.1435/68.193*365 / 4
=10.90

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

Shanghai Stonehill 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 )
=68.193 / 8.1435
=8.37

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.

Shanghai Stonehill 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 )
=8.1435 / 174.368
=0.05

* 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.


Shanghai Stonehill Technology Co Total Inventories Related Terms

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Shanghai Stonehill Technology Co (SZSE:002195) Business Description

Traded in Other Exchanges
N/A
Address
No. 700, Yishan Road, 6th Floor, Block 85, Xuhui District, Shanghai, CHN, 201210
Shanghai Stonehill Technology Co Ltd formerly Shanghai 2345 Network Holding Group Co Ltd is a China-based company. It is engaged in the provision of Internet information services and software outsourcing services. The company operates its businesses through five segments namely Software Outsourcing Services, System Integration, Search Engine Shunt Businesses, Website Promotion and Marketing Businesses.
Executives
Chen Yu Bing Directors, executives
Luo Hui Executives
Dai Xiao Hu Executives
Qiu Jun Qi Secretary, Director
Pang Sheng Dong Director
Chen Le Bo Independent director
Pan Shi Lei Directors, executives
Bao Shu Ping Directors, executives
Li Jing Directors, executives
Dong Liang Executives
Xu Jun Feng Directors, executives
Tang Zhang Jun Director
Zhang Qiang Director
Gao Dong Dong Securities Affairs Representative
Zhang Zai Xiong Executives

Shanghai Stonehill Technology Co (SZSE:002195) Headlines

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