China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Total Inventories : $347 Mil (As of Sep. 2023)

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What is China Resources Building Materials Technology Holdings Total Inventories?

China Resources Building Materials Technology Holdings's total inventories for the quarter that ended in Sep. 2023 was $347 Mil. China Resources Building Materials Technology Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $374 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Resources Building Materials Technology Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-14.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Resources Building Materials Technology Holdings's Days Inventory for the three months ended in Sep. 2023 was 51.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Resources Building Materials Technology Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.78.

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 Resources Building Materials Technology Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.51.

China Resources Building Materials Technology Holdings Total Inventories Historical Data

The historical data trend for China Resources Building Materials Technology Holdings'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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China Resources Building Materials Technology Holdings Total Inventories Chart

China Resources Building Materials Technology Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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193.37

238.82

377.45

346.05

265.54

China Resources Building Materials Technology Holdings Quarterly Data
	Jun16	Sep16	Dec16	Jun17	Sep17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															-	346.05	400.44	346.89	265.54

China Resources Building Materials Technology Holdings 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 Resources Building Materials Technology Holdings (OTCPK:CARCY) 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 Resources Building Materials Technology Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(349.787	+	0.75 * 368.878	+	0.5 * 346.894	-	3916.183
-	0	-	229.782)	/	232.765
=	-14.38

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

China Resources Building Materials Technology Holdings's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	373.666	/	665.719	*	365 / 4
	=	51.22

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

China Resources Building Materials Technology Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	665.719	/	373.666
	=	1.78

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 Resources Building Materials Technology Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	373.666	/	730.277
	=	0.51

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 Resources Building Materials Technology Holdings Total Inventories Related Terms

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China Resources Building Materials Technology Holdings (China Resources Building Materials Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Resources Building Materials Technology Holdings Ltd (OTCPK:CARCY) » Definitions » Total Inventories

Traded in Other Exchanges

CJRCF:USA 01313:Hong Kong C44:Germany

Address

26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crcement.com

China Resources Building Materials Technology Holdings Ltd formerly China Resources Cement Holdings Ltd is a cement and concrete producer in Southern China. Its operations range from the excavation of limestone to the production, sale, and distribution of cement, clinker, and concrete. The company's segments are Cement and Concrete of which its majority revenue is derived from the manufacture and sale of cement products. The group products are mainly used in the construction of infrastructure projects such as railways, highways, subways, bridges, airports, ports, dams, hydroelectric power stations, and nuclear power stations, as well as the construction of high-rise buildings and the development of suburban and rural areas. Geographically, the majority is derived from Guangdong.