City Developments (City Developments) Total Inventories : $3,669 Mil (As of Dec. 2023)

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What is City Developments Total Inventories?

City Developments's total inventories for the quarter that ended in Dec. 2023 was $3,669 Mil. City Developments's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $3,722 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. City Developments's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. City Developments's Days Inventory for the six months ended in Dec. 2023 was 657.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. City Developments's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.28.

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. City Developments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.22.

City Developments Total Inventories Historical Data

The historical data trend for City Developments'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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City Developments Total Inventories Chart

City Developments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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3,812.97

4,054.01

4,290.92

4,413.17

3,668.59

City Developments Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															4,290.92	4,316.30	4,413.17	3,775.25	3,668.59

City Developments 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.

City Developments (OTCPK:CDEVY) 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.

City Developments's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1806.319	+	0.75 * 210.977	+	0.5 * 3668.592	-	11031.212
-	0	-	269.39)	/	906.901
=	-8.27

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

City Developments's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3721.9205	/	1032.484	*	365 / 2
	=	657.88

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

City Developments's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1032.484	/	3721.9205
	=	0.28

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.

City Developments's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3721.9205	/	1679.622
	=	2.22

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.

City Developments Total Inventories Related Terms

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City Developments (City Developments) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » City Developments Ltd (OTCPK:CDEVY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

C70.PFD:Singapore C09:Singapore

Address

9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619

Website

http://www.cdl.com.sg

City Developments, or CDL, is a listed property group of parent company Hong Leong Group. CDL's main businesses in property development and hotel operations makes up the majority of the group's operating profit. A portfolio of investment properties underpins recurring rental income and increasing income from investment properties is a key strategy for the group in the medium term. CDL's key geography is in Singapore with almost half of the group's total assets derived there. Its expansion into international markets is focused on the United Kingdom, China and Japan. CDL privatized its hotel operations, Millennium and Copthorne in 2019.

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