Guangdong Investment (Guangdong Investment) Total Inventories : $4,249 Mil (As of Dec. 2023)

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What is Guangdong Investment Total Inventories?

Guangdong Investment's total inventories for the quarter that ended in Dec. 2023 was $4,249 Mil. Guangdong Investment's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $4,407 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Guangdong Investment's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-62.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Guangdong Investment's Days Inventory for the six months ended in Dec. 2023 was 764.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guangdong Investment's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.24.

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 Investment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.68.

Guangdong Investment Total Inventories Historical Data

The historical data trend for Guangdong Investment'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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Guangdong Investment Total Inventories Chart

Guangdong Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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1,384.35

1,379.67

4,506.88

4,588.63

4,248.98

Guangdong Investment 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															4,506.88	4,538.92	4,588.63	4,565.46	4,248.98

Guangdong Investment 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 Investment (OTCPK:GGDVY) 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 Investment'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)
=	(1612.54	+	0.75 * 852.537	+	0.5 * 4248.984	-	10491.478
-	0	-	2077.827)	/	130.756
=	-62.66

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

Guangdong Investment'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
	=	4407.224	/	1052.112	*	365 / 2
	=	764.48

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

Guangdong Investment'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 )
	=	1052.112	/	4407.224
	=	0.24

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 Investment'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 )
	=	4407.224	/	1642.877
	=	2.68

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 Investment Total Inventories Related Terms

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Guangdong Investment (Guangdong Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Guangdong Investment Ltd (OTCPK:GGDVY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

GGDVF:USA 00270:Hong Kong GUG:Germany

Address

148 Connaught Road Central, 28th and 29th Floors, Guangdong Investment Tower, Hong Kong, HKG

Website

https://www.gdi.com.hk

Guangdong Investment Ltd is engaged in investment holding, water resources, property investment and development, department store operation, hotel ownership, operation and management, investment in energy projects, road, and bridge operation. Its segments include water resources, property investment and development, department store operation, electric power generation, hotel operation and management, road and bridge segment, and others segment. The company derives most of the revenue from the water resources segment that engages in water distribution, sewage treatment, and construction of water supply and sewage treatment infrastructure for customers in Mainland China and Hong Kong.

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