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Anhui Deli Household Glass Co (SZSE:002571) Total Inventories : ¥539 Mil (As of Mar. 2024)


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What is Anhui Deli Household Glass Co Total Inventories?

Anhui Deli Household Glass Co's total inventories for the quarter that ended in Mar. 2024 was ¥539 Mil. Anhui Deli Household Glass Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥512 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Anhui Deli Household Glass Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-3.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Anhui Deli Household Glass Co's Days Inventory for the three months ended in Mar. 2024 was 157.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Anhui Deli Household Glass Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.58.

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. Anhui Deli Household Glass Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.40.


Anhui Deli Household Glass Co Total Inventories Historical Data

The historical data trend for Anhui Deli Household Glass 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.

Anhui Deli Household Glass Co Total Inventories Chart

Anhui Deli Household Glass 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 309.60 314.03 443.24 531.69 484.94

Anhui Deli Household Glass 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 519.80 505.53 478.24 484.94 538.75

Anhui Deli Household Glass 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.


Anhui Deli Household Glass Co  (SZSE:002571) 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.

Anhui Deli Household Glass 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)
=(124.21+0.75 * 145.709+0.5 * 538.749-1938.354
-0--4.427)/391.951
=-3.65

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

Anhui Deli Household Glass 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
=511.8455/297.488*365 / 4
=157.00

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

Anhui Deli Household Glass 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 )
=297.488 / 511.8455
=0.58

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.

Anhui Deli Household Glass 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 )
=511.8455 / 366.397
=1.40

* 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.


Anhui Deli Household Glass Co Total Inventories Related Terms

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Anhui Deli Household Glass Co (SZSE:002571) Business Description

Traded in Other Exchanges
N/A
Address
Fengyang County Industrial Park, Anhui, Cangzhou, CHN, 233121
Anhui Deli Household Glass Co Ltd operates in glassware industry. The company is engaged in the manufacture and production of glassware products.
Executives
Peng Yu Xi Executives
Wei Shu Yun Supervisors
Yu Le Directors, Directors, and Executives
Shi Wei Dong Directors, executives
Peng Yi Director
Zhou Wei Zhong Executives
Huang Xiao Zu Supervisors
Yu Zhi Chun Directors, executives
Zhang Da Directors, executives
Zhang Bo Ping Director
Xiao Hu Director

Anhui Deli Household Glass Co (SZSE:002571) Headlines

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