China Everbright Water (SGX:U9E) Inventory Turnover : 28.81 (As of Dec. 2023)

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What is China Everbright Water Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. China Everbright Water's Cost of Goods Sold for the six months ended in Dec. 2023 was S$377 Mil. China Everbright Water's Average Total Inventories for the quarter that ended in Dec. 2023 was S$13 Mil. China Everbright Water's Inventory Turnover for the quarter that ended in Dec. 2023 was 28.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Everbright Water's Days Inventory for the six months ended in Dec. 2023 was 6.34.

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 Everbright Water's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

China Everbright Water Inventory Turnover Historical Data

The historical data trend for China Everbright Water's Inventory Turnover 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 Everbright Water Inventory Turnover Chart

China Everbright Water Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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92.94

52.46

50.67

53.22

53.29

China Everbright Water Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															33.38	34.70	25.85	18.47	28.81

China Everbright Water Inventory Turnover Calculation

China Everbright Water's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	662.195	/ (	(14.901	+	9.95)	/	2 )
=	662.195	/	12.4255
=	53.29

China Everbright Water's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	376.962	/ (	(16.223	+	9.95)	/	2 )
=	376.962	/	13.0865
=	28.81

China Everbright Water (SGX:U9E) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

China Everbright Water'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
	=	13.0865	/	376.962	*	365 / 2
	=	6.34

2. 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 Everbright Water'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 )
	=	13.0865	/	617.913
	=	0.02

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

China Everbright Water Inventory Turnover Related Terms

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China Everbright Water (SGX:U9E) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Everbright Water Ltd (SGX:U9E) » Definitions » Inventory Turnover

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BOTRF:USA 01857:Hong Kong BIU2:Germany

Address

Number 1003 Shennan Avenue, 26th Floor, Block A, Oriental Xintiandi Plaza, Futian District, Shenzhen, CHN, 518000

Website

https://www.ebwater.com

China Everbright Water Ltd provides water supply, waste water treatment, sludge treatment, and other environmental services. It designs, constructs, and operates water treatment plants, and extracts energy from water discharged by the plants to power air-conditioning for various buildings. Concession arrangements from various Chinese government authorities span multiple years, and allow the company to operate plants and charge users a fee for consumption. Under the arrangements, China Everbright is obligated to maintain the plants, and receives annual payments from the grantors. Raw materials and consumables are utilized by experienced technicians to repair and maintain facilities. Majority of sales and assets are generated and located in China.

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