ENN Energy Holdings (ENN Energy Holdings) Total Inventories : $236 Mil (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is ENN Energy Holdings Total Inventories?

ENN Energy Holdings's total inventories for the quarter that ended in Dec. 2023 was $236 Mil. ENN Energy Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $226 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ENN Energy Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-20.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ENN Energy Holdings's Days Inventory for the six months ended in Dec. 2023 was 5.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. ENN Energy Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 32.60.

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. ENN Energy Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

ENN Energy Holdings Total Inventories Historical Data

The historical data trend for ENN Energy 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.

* Premium members only.

ENN Energy Holdings Total Inventories Chart

ENN Energy Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

166.67

196.50

236.76

244.99

235.57

ENN Energy Holdings 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															236.76	222.25	244.99	216.02	235.57

ENN Energy 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.

ENN Energy Holdings (OTCPK:XNGSY) 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.

ENN Energy Holdings'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)
=	(1370.97	+	0.75 * 1553.318	+	0.5 * 235.568	-	7684.519
-	0	-	784.572)	/	281.122
=	-20.69

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

ENN Energy Holdings'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
	=	225.7935	/	7361.979	*	365 / 2
	=	5.60

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

ENN Energy Holdings'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 )
	=	7361.979	/	225.7935
	=	32.60

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.

ENN Energy Holdings'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 )
	=	225.7935	/	8367.693
	=	0.03

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.

ENN Energy Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of ENN Energy Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

ENN Energy Holdings (ENN Energy Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ENN Energy Holdings Ltd (OTCPK:XNGSY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

XNGSF:USA 02688:Hong Kong XGH:Germany

Address

Xinyuan DongDao Road, Building A, ENN Industrial Park, Economic and Technological Development Zone, Hebei Province, Langfang, CHN, 065001

Website

https://www.ennenergy.com

ENN Energy Holdings is primarily engaged in distributing and retailing natural gas. By year-end 2022, ENN owned 254 city gas projects in China, with annual gas sales volume of 32.7 billion cubic meters. Meanwhile, the aggregate number of connected piped gas residential households reached 27.9 million, with an average gas penetration rate of 62.9%. ENN Energy also has ventured into integrated energy business with 210 projects in operation.

ENN Energy Holdings (ENN Energy Holdings) Headlines

From GuruFocus

ENN Energy Holdings Ltd's Dividend Analysis

By GuruFocus Research • 11-01-2023

VeChain Partners with Leading Chinese Energy Companies to Pilot Blockchain-Enabled Liquified Natural Gas Solution

By PRNewswire PRNewswire • 11-01-2018