China Precision Steel (FRA:3CP1) Total Inventories : €7.52 Mil (As of Dec. 2014)

China Precision Steel Total Inventories Chart

China Precision Steel Annual Data
	Trend	Dec04	Dec05	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Total Inventories		Get a 7-Day Free Trial					23.33	52.13	12.37	12.00	7.61

China Precision Steel Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Total Inventories	Get a 7-Day Free Trial															11.19	9.93	7.61	7.80	7.52

China Precision Steel 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.

China Precision Steel  (FRA:3CP1) 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 Precision Steel's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 is

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

China Precision Steel's Days Inventory for the three months ended in Dec. 2014 is calculated as:

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

China Precision Steel's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

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 Precision Steel's Inventory to Revenue for the quarter that ended in Dec. 2014 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 Precision Steel Total Inventories Related Terms

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China Precision Steel (FRA:3CP1) Business Description