CALIQ (China Auto Logistics) Total Inventories: $13.0 Mil (As of Sep. 2017)


What is China Auto Logistics Total Inventories?

China Auto Logistics CALIQ Total Inventories is $13.0 Mil as of Sep. 2017.

China Auto Logistics's total inventories for the quarter that ended in Sep. 2017 was $13.0 Mil. China Auto Logistics's average total inventories from the quarter that ended in Jun. 2017 to the quarter that ended in Sep. 2017 was $12.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Auto Logistics's Net-Net Working Capital per share for the quarter that ended in Sep. 2017 was $-15.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Auto Logistics's Days Inventory for the three months ended in Sep. 2017 was 9.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Auto Logistics's Inventory Turnover for the quarter that ended in Sep. 2017 was 9.99.

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 Auto Logistics's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 0.10.

China Auto Logistics  (OTCPK:CALIQ) 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 Auto Logistics's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2017 is

Net-Net Working Capital Per Share (Q: Sep. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.743+0.75 * 54.271+0.5 * 13.007-127.716
-0-0.193)/4.840
=-15.49

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

China Auto Logistics's Days Inventory for the three months ended in Sep. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2017 )/Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=12.4885/124.705*365 / 4
=9.14

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

China Auto Logistics's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2017 ) / Average Total Inventories (Q: Sep. 2017 )
=124.705 / 12.4885
=9.99

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 Auto Logistics's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=12.4885 / 125.232
=0.10

* 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.

China Auto Logistics Total Inventories Related Terms

China Auto Logistics Total Inventories Historical Data

* Premium members only.

The historical data trend for China Auto Logistics'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.

China Auto Logistics Total Inventories Chart

China Auto Logistics Annual Data
Trend Nov07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.14 15.34 16.04 12.16 13.05

China Auto Logistics Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 19.38 13.05 12.01 11.97 13.01

China Auto Logistics 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $13.0 Mil mean?
China Auto Logistics (CALIQ) has a Total Inventories of $13.0 Mil as of Sep. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for China Auto Logistics and its competitors.
Is China Auto Logistics' Total Inventories too high?
China Auto Logistics' current Total Inventories is $13.0 Mil.
How does China Auto Logistics' Total Inventories compare to competitors?
China Auto Logistics' Total Inventories of $13.0 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for China Auto Logistics and its competitors. China Auto Logistics's current Total Inventories is $13.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Auto Logistics stock overvalued right now?
China Auto Logistics (CALIQ) has a current Total Inventories of $13.0 Mil. The current Total Inventories is $13.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For China Auto Logistics (CALIQ), the current Total Inventories is $13.0 Mil as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Auto Logistics Business Description

Address 86 Tianbao Avenue, Floor 1 FTZ International Auto Mall, Free Trade Zone, Tianjin, CHN, 300461
China Auto Logistics Inc is the wholesaler of imported luxury automobiles. The company's operating segment includes Sales of Automobiles; Financing Services and Other Services. It generates maximum revenue from the Sales of Automobiles segment. Entire revenue from operations of the company is generated in China. The company also delivers logistics services related to the automobile importing process and other automobile value-added services, such as assistance with customs clearance, storage, and nationwide delivery services.