GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Guangdong Tapai Group Co Ltd (SZSE:002233) » Definitions » Total Inventories

Guangdong Tapai Group Co (SZSE:002233) Total Inventories : ¥607 Mil (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Guangdong Tapai Group Co Total Inventories?

Guangdong Tapai Group Co's total inventories for the quarter that ended in Mar. 2024 was ¥607 Mil. Guangdong Tapai Group Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥619 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Guangdong Tapai Group Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥3.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangdong Tapai Group Co's Days Inventory for the three months ended in Mar. 2024 was 75.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Tapai Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.21.

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. Guangdong Tapai Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.62.


Guangdong Tapai Group Co Total Inventories Historical Data

The historical data trend for Guangdong Tapai Group 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.

Guangdong Tapai Group Co Total Inventories Chart

Guangdong Tapai Group 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 462.92 572.25 671.92 599.73 631.59

Guangdong Tapai Group 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 646.81 653.23 639.03 631.59 606.91

Guangdong Tapai Group 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.


Guangdong Tapai Group Co  (SZSE:002233) 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.

Guangdong Tapai Group 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)
=(5029.713+0.75 * 52.5+0.5 * 606.905-1268.265
-0-44.047)/1192.28
=3.41

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

Guangdong Tapai Group 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
=619.2485/749.625*365 / 4
=75.38

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

Guangdong Tapai Group 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 )
=749.625 / 619.2485
=1.21

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.

Guangdong Tapai Group 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 )
=619.2485 / 993.309
=0.62

* 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.


Guangdong Tapai Group Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Guangdong Tapai Group Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Guangdong Tapai Group Co (SZSE:002233) Business Description

Traded in Other Exchanges
N/A
Address
Tapai Builing, Jiaocheng Town, Jiaoling County, Guangdong, CHN, 514100
Guangdong Tapai Group Co Ltd is engaged in production and sale of cement. The company provides different levels of cement like 32.5R, 42.5R, and 52.R under the brand yueta tower, jiaying, and hengta. This cement can be used for applications such as high rise buildings, roads and bridges, airport runways, and port terminals.
Executives
Zhong Jian Wei Director
He Kun Huang Directors, executives
Lai Hong Fei Directors, Directors, and Executives
Zhong Hua Sheng Executives
Zhong Chao Hui Director
Li Bin Supervisors
Zhong Yuan Supervisors
Liu Yan Dong Executives
Chen Chen Ke Supervisors
Xu Zheng Xiong Executives
Qiu Zeng Hai Executives
Chen Yu Zhan Supervisors
Qiu Wei Jun Executives
Ceng Hao Ping Secretary, Director
Zhong Lie Hua Director

Guangdong Tapai Group Co (SZSE:002233) Headlines

No Headlines