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China Energy (SGX:A0G) Total Inventories : S$28.2 Mil (As of Jun. 2014)


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What is China Energy Total Inventories?

China Energy's total inventories for the quarter that ended in Jun. 2014 was S$28.2 Mil. China Energy's average total inventories from the quarter that ended in Mar. 2014 to the quarter that ended in Jun. 2014 was S$24.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Energy's Net-Net Working Capital per share for the quarter that ended in Jun. 2014 was S$-0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Energy's Days Inventory for the three months ended in Jun. 2014 was 27.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Energy's Inventory Turnover for the quarter that ended in Jun. 2014 was 3.37.

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. China Energy's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.30.


China Energy Total Inventories Historical Data

The historical data trend for China Energy'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.

China Energy Total Inventories Chart

China Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Total Inventories
Get a 7-Day Free Trial Premium Member Only 19.75 27.27 23.19 19.65 31.36

China Energy Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 14.98 15.88 31.36 19.70 28.23

China Energy 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.


China Energy  (SGX:A0G) 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.

China Energy's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2014 is

Net-Net Working Capital Per Share (Q: Jun. 2014 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(139.218+0.75 * 0+0.5 * 28.226-605.753
-0-0)/1252.885
=-0.36

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

China Energy's Days Inventory for the three months ended in Jun. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2014 )/Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=23.964/80.859*365 / 4
=27.04

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

China Energy's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2014 ) / Average Total Inventories (Q: Jun. 2014 )
=80.859 / 23.964
=3.37

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.

China Energy's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=23.964 / 79.48
=0.30

* 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.


China Energy Total Inventories Related Terms

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China Energy (SGX:A0G) Business Description

Traded in Other Exchanges
N/A
Address
China Energy Limited was incorporated on 21 July, 2005. The Company along with its subsidiary manufactures & sells Dimethyl Ether (DME) that is used as a blend stock for liquefied petroleum gas & Methyl alcohol (Methanol) which is used in the production of other chemicals and also as a feedstock for DME production.

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