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China Natural Gas's total inventories for the quarter that ended in Sep. 2013 was $3.0 Mil. China Natural Gas's average total inventories from the quarter that ended in Jun. 2013 to the quarter that ended in Sep. 2013 was $3.0 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Natural Gas's Net-Net Working Capital per share for the quarter that ended in Sep. 2013 was $-3.46.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
China Natural Gas's Days Inventory for the
three
months ended in Sep. 2013 was 12.04.
Inventory Turnover measures how fast the company turns over its inventory within a year.
China Natural Gas's Inventory Turnover for the quarter that ended in Sep. 2013 was 7.58.
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 Natural Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2013 was 0.09.
China Natural Gas (OTCPK:CHNGQ) 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 Natural Gas's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2013 is
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 Natural Gas's Inventory to Revenue for the quarter that ended in Sep. 2013 is calculated as
* 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 Natural Gas Total Inventories Related Terms
China Natural Gas Total Inventories Historical Data
* Premium members only.
The historical data trend for China Natural Gas'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.
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 Natural Gas (CHNGQ) has a Total Inventories of $3.0 Mil as of Sep. 2013. The total amount of inventory as recorded on a company's balance sheet. View historical data for China Natural Gas and its competitors.
Is China Natural Gas' Total Inventories too high?
China Natural Gas' current Total Inventories is $3.0 Mil.
How does China Natural Gas' Total Inventories compare to SXEEQ and CNIG?
China Natural Gas' Total Inventories of $3.0 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Total Inventories depends on the Utilities - Regulated 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 Natural Gas and its competitors. China Natural Gas's current Total Inventories is $3.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Natural Gas stock overvalued right now?
China Natural Gas (CHNGQ) has a current Total Inventories of $3.0 Mil. The current Total Inventories is $3.0 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 Natural Gas (CHNGQ), the current Total Inventories is $3.0 Mil as of Sep. 2013. 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 Natural Gas Inc through its subsidiaries engages in sales & distribution of natural gas and gasoline to commercial, industrial & residential customers, construction of pipeline networks, installation of natural gas fittings & parts for end-users.
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