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CECEP Wind Power (SHSE:601016) Total Inventories : ¥132 Mil (As of Mar. 2024)


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What is CECEP Wind Power Total Inventories?

CECEP Wind Power's total inventories for the quarter that ended in Mar. 2024 was ¥132 Mil. CECEP Wind Power's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥128 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CECEP Wind Power's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-2.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CECEP Wind Power's Days Inventory for the three months ended in Mar. 2024 was 19.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. CECEP Wind Power's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.66.

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. CECEP Wind Power's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.10.


CECEP Wind Power Total Inventories Historical Data

The historical data trend for CECEP Wind Power'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.

CECEP Wind Power Total Inventories Chart

CECEP Wind Power 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 139.37 141.44 167.50 166.21 124.10

CECEP Wind Power 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 174.47 174.26 182.96 124.10 132.22

CECEP Wind Power 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.


CECEP Wind Power  (SHSE:601016) 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.

CECEP Wind Power'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)
=(2480.777+0.75 * 6940.793+0.5 * 132.224-24952.404
-0-820.564)/6474.72
=-2.78

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

CECEP Wind Power'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
=128.163/597.457*365 / 4
=19.57

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

CECEP Wind Power'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 )
=597.457 / 128.163
=4.66

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.

CECEP Wind Power'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 )
=128.163 / 1325.092
=0.10

* 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.


CECEP Wind Power Total Inventories Related Terms

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CECEP Wind Power (SHSE:601016) Business Description

Traded in Other Exchanges
N/A
Address
Jieneng Mansion No.42, Xizhimen North Street, 12F Building A, Haidian District, Beijing, CHN, 100082
CECEP Wind Power Corp is a China-based company engages in the development, investment management, construction, operation and maintenance of wind power projects. It also involves in integrated resource exploration as well as engages in the manufacture and construction of turbine design. It holds main wind power station projects, which situated at Zhangbei, Hebei province, Dabancheng, Xinjiang Province, and Jiuquan, Gansu province, China.
Executives
Liu Bin Directors, senior managers
Zheng Cai Xia senior management
Jia Rui senior management
Luo Jie senior management
Guo Yi senior management
Zhang Hua Yao senior management

CECEP Wind Power (SHSE:601016) Headlines

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