China National Building Material Co (China National Building Material Co) Total Inventories : $2,959 Mil (As of Dec. 2023)

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What is China National Building Material Co Total Inventories?

China National Building Material Co's total inventories for the quarter that ended in Dec. 2023 was $2,959 Mil. China National Building Material Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $3,190 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China National Building Material Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-212.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China National Building Material Co's Days Inventory for the six months ended in Dec. 2023 was 47.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. China National Building Material Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.86.

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 National Building Material Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.21.

China National Building Material Co Total Inventories Historical Data

The historical data trend for China National Building Material 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.

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China National Building Material Co Total Inventories Chart

China National Building Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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2,856.18

3,144.20

3,474.34

3,522.17

2,959.08

China National Building Material Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															3,474.34	3,876.36	3,522.17	3,420.05	2,959.08

China National Building Material 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.

China National Building Material Co (OTCPK:CBUMY) 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 National Building Material Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5233.072	+	0.75 * 11470.331	+	0.5 * 2959.084	-	41369.126
-	0	-	9852.688)	/	168.695
=	-212.85

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

China National Building Material Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3189.565	/	12324.805	*	365 / 2
	=	47.23

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

China National Building Material Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	12324.805	/	3189.565
	=	3.86

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 National Building Material Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3189.565	/	15103.574
	=	0.21

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 National Building Material Co Total Inventories Related Terms

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China National Building Material Co (China National Building Material Co) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China National Building Material Co Ltd (OTCPK:CBUMY) » Definitions » Total Inventories

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Traded in Other Exchanges

CBUMF:USA 03323:Hong Kong D1Y:Germany

Address

No. 17 Fuxing Road, 21st Floor, Tower 2 (Building B), Guohai Plaza, Haidian District, Beijing, CHN, 100036

Website

http://www.cnbmltd.cn

China National Building Material Co Ltd a state-owned building material holding company. Its reportable segments are Cement segment which includes production and sale of cement, Concrete segment includes Production and sale of concrete, New Materials segment comprises of Production and sale of glass fiber, composite and lightweight building materials, and Engineering Services includes Provision of engineering services to glass and cement manufacturers and equipment procurement, and others segment comprises Merchandise trading business and others. The company operates in China, Europe, Middle East, Southeast Asia, Oceania, Africa, the Americas, and other countries, out of which the majority of the revenue comes from china.

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