CAOHF (FDG Electric Vehicles) Total Inventories : $24.66 Mil (As of Sep. 2019)

View and export this data going back to 2014. Start your Free Trial

What is FDG Electric Vehicles Total Inventories?

FDG Electric Vehicles's total inventories for the quarter that ended in Sep. 2019 was $24.66 Mil. FDG Electric Vehicles's average total inventories from the quarter that ended in Mar. 2019 to the quarter that ended in Sep. 2019 was $30.70 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FDG Electric Vehicles's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FDG Electric Vehicles's Days Inventory for the six months ended in Sep. 2019 was 96.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. FDG Electric Vehicles's Inventory Turnover for the quarter that ended in Sep. 2019 was 1.89.

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. FDG Electric Vehicles's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.49.

FDG Electric Vehicles Total Inventories Historical Data

The historical data trend for FDG Electric Vehicles'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.

FDG Electric Vehicles Total Inventories Chart

FDG Electric Vehicles Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Total Inventories

Get a 7-Day Free Trial

24.84

79.04

84.73

72.29

36.74

FDG Electric Vehicles Semi-Annual Data
	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19
Total Inventories	Get a 7-Day Free Trial															95.99	72.29	42.59	36.74	24.66

FDG Electric Vehicles 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.

FDG Electric Vehicles (OTCPK:CAOHF) 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.

FDG Electric Vehicles's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is

	Net-Net Working Capital Per Share (Q: Sep. 2019 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(12.012	+	0.75 * 85.532	+	0.5 * 24.66	-	1036.889
-	0	-	-93.218)	/	1669.47
=	-0.51

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

FDG Electric Vehicles's Days Inventory for the six months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	30.7	/	57.986	*	365 / 2
	=	96.62

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

FDG Electric Vehicles's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2019 )	/	Average Total Inventories (Q: Sep. 2019 )
	=	57.986	/	30.7
	=	1.89

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.

FDG Electric Vehicles's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	30.7	/	62.172
	=	0.49

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.

FDG Electric Vehicles Total Inventories Related Terms

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

FDG Electric Vehicles Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » FDG Electric Vehicles Ltd (OTCPK:CAOHF) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.fdgev.com

FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.

FDG Electric Vehicles Headlines

No Headlines