GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cang Bao Tian Xia International Art Trade Center Inc (OTCPK:TXCB) » Definitions » Total Inventories

Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Total Inventories : $0.27 Mil (As of Dec. 2021)


View and export this data going back to . Start your Free Trial

What is Cang Bao Tian Xia International Art Trade Center Total Inventories?

Cang Bao Tian Xia International Art Trade Center's total inventories for the quarter that ended in Dec. 2021 was $0.27 Mil. Cang Bao Tian Xia International Art Trade Center's average total inventories from the quarter that ended in Sep. 2021 to the quarter that ended in Dec. 2021 was $0.24 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cang Bao Tian Xia International Art Trade Center's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $-0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cang Bao Tian Xia International Art Trade Center's Days Inventory for the three months ended in Dec. 2021 was 26.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cang Bao Tian Xia International Art Trade Center's Inventory Turnover for the quarter that ended in Dec. 2021 was 3.49.

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. Cang Bao Tian Xia International Art Trade Center's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 239.00.


Cang Bao Tian Xia International Art Trade Center Total Inventories Historical Data

The historical data trend for Cang Bao Tian Xia International Art Trade Center'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.

Cang Bao Tian Xia International Art Trade Center Total Inventories Chart

Cang Bao Tian Xia International Art Trade Center Annual Data
Trend Dec05 Dec06 Jun07 Jun08 Jun09 Jun10 Jun18 Jun19 Jun20 Jun21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 - - 0.44 0.11

Cang Bao Tian Xia International Art Trade Center Quarterly Data
Mar11 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.52 0.11 0.21 0.27 -

Cang Bao Tian Xia International Art Trade Center 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.


Cang Bao Tian Xia International Art Trade Center  (OTCPK:TXCB) 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.

Cang Bao Tian Xia International Art Trade Center's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 is

Net-Net Working Capital Per Share (Q: Dec. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.133+0.75 * 0+0.5 * 0.27-40.547
-0.01-0)/110.319
=-0.37

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

Cang Bao Tian Xia International Art Trade Center's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2021 )/Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=0.239/0.834*365 / 4
=26.15

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

Cang Bao Tian Xia International Art Trade Center's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2021 ) / Average Total Inventories (Q: Dec. 2021 )
=0.834 / 0.239
=3.49

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.

Cang Bao Tian Xia International Art Trade Center's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=0.239 / 0.001
=239.00

* 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.


Cang Bao Tian Xia International Art Trade Center Total Inventories Related Terms

Thank you for viewing the detailed overview of Cang Bao Tian Xia International Art Trade Center's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Guoxing Avenue, Unit 609, Shengda Plaza, Meilan District, Hainan Province, Haikou, CHN, 570203
Cang Bao Tian Xia International Art Trade Center Inc is engaged in the manufacturing and distribution of gears, gearbox sand drive axles. These are marketed and sold to equipment manufacturers in China. Its products are used for making industrial, agricultural, and construction machinery, such as forklift trucks, excavators, tractors, and diesel engines.
Executives
Wei Wang 10 percent owner NO. 14, LANE 1, DONGXIAO CITY, CHONGWEN DISTRICT, BEIJING F4 0000000
Liang Tan director NO. 88 LANE 7171 SHENGIANG RD., PUDONG NEW DISTRICT, SHANGHAI F4 00000
Yaqin Fu 10 percent owner NO. 88 LANE 7171 SHENGIANG RD., PUDONG NEW DISTRICT, SHANGHAI F4 00000
Xingtao Zhou director, 10 percent owner, officer: CEO and CFO 5-1-1206 HEFENG JIANGAN, NIANQUING ROAD MEILAN DISTRICT, HAIKOU, HAINAN PROVINCE F4 00000
Ruihua International Ltd 10 percent owner PO BOX 83, DES PLAINES IL 60016
Jayhawk Capital Management Llc other: 13(d) group owning > 10% 13021 W 74TH ST, SHAWNEE KS 66216
Jayhawk Private Equity Gp, L.p. other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Co Invest Fund Lp other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Fund L P other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Kent C Mccarthy 10 percent owner, other: 13(d) group owning > 10% 930 TAHOE BLVD., 802-281, INCLINE VILLAGE NV 89451
Pinnacle China Fund, L.p. 10 percent owner 4965 PRESTON PARK BLVD., SUITE 240, PLANO TX 75093
Philip Widmann officer: Senior Vice President C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705
Jason Lu director, officer: Chief Executive Officer C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705
Ming He officer: Chief Financial Officer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Haining Liu director C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705

Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Headlines

No Headlines