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Country Garden Holdings Co (Country Garden Holdings Co) Total Inventories : $123,254 Mil (As of Jun. 2023)


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What is Country Garden Holdings Co Total Inventories?

Country Garden Holdings Co's total inventories for the quarter that ended in Jun. 2023 was $123,254 Mil. Country Garden Holdings Co's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was $129,221 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Country Garden Holdings Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-4.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Country Garden Holdings Co's Days Inventory for the six months ended in Jun. 2023 was 674.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Country Garden Holdings Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.27.

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. Country Garden Holdings Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 4.09.


Country Garden Holdings Co Total Inventories Historical Data

The historical data trend for Country Garden Holdings 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.

Country Garden Holdings Co Total Inventories Chart

Country Garden Holdings Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98,798.18 123,738.11 167,473.28 167,081.00 135,187.54

Country Garden Holdings Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 175,195.95 167,081.00 159,209.58 135,187.54 123,253.55

Country Garden Holdings 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.


Country Garden Holdings Co  (OTCPK:CTRYF) 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.

Country Garden Holdings Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(15746.502+0.75 * 4260.061+0.5 * 123253.554-190487.893
-0-13867.121)/27637.9
=-4.48

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

Country Garden Holdings Co's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=129220.549/34989.248*365 / 2
=674.00

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

Country Garden Holdings Co's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=34989.248 / 129220.549
=0.27

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.

Country Garden Holdings Co's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=129220.549 / 31601.223
=4.09

* 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.


Country Garden Holdings Co Total Inventories Related Terms

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Country Garden Holdings Co (Country Garden Holdings Co) Business Description

Traded in Other Exchanges
Address
No. 1 Country Garden Road, Country Garden Centre, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312
Listed in 2007, Country Garden Holdings has been one of the largest China real estate developers in contracted sales with a focus on Tier 3 and lower-tier cities. Property development has represented most of CGH's revenue and earnings, and the firm has tapped into new businesses such as robotics construction and venture capital investment. Following the retirement of founder Yang Guoqiang, Yang Huiyan (daughter of Yang Guoqiang) holds an over 50% stake of the company, while Ping An Life Insurance retains 7.7% equity ownership after the private placement in 2015.