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Tian Lun Gas Holdings (FRA:TLJ) Total Inventories : €23.2 Mil (As of Dec. 2023)


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What is Tian Lun Gas Holdings Total Inventories?

Tian Lun Gas Holdings's total inventories for the quarter that ended in Dec. 2023 was €23.2 Mil. Tian Lun Gas Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €23.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tian Lun Gas Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-1.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tian Lun Gas Holdings's Days Inventory for the six months ended in Dec. 2023 was 11.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tian Lun Gas Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 15.93.

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. Tian Lun Gas Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.


Tian Lun Gas Holdings Total Inventories Historical Data

The historical data trend for Tian Lun Gas Holdings'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.

Tian Lun Gas Holdings Total Inventories Chart

Tian Lun Gas Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.30 14.57 21.49 17.50 23.23

Tian Lun Gas Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 21.49 25.53 17.50 24.00 23.23

Tian Lun Gas Holdings 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.


Tian Lun Gas Holdings  (FRA:TLJ) 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.

Tian Lun Gas Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(125.684+0.75 * 48.911+0.5 * 23.225-1230.172
-0-40.088)/969.066
=-1.13

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

Tian Lun Gas Holdings'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
=23.6125/376.044*365 / 2
=11.46

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

Tian Lun Gas Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=376.044 / 23.6125
=15.93

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.

Tian Lun Gas Holdings'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 )
=23.6125 / 482.734
=0.05

* 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.


Tian Lun Gas Holdings Total Inventories Related Terms

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Tian Lun Gas Holdings (FRA:TLJ) Business Description

Traded in Other Exchanges
Address
No. 6 Huang He East Road, 4th Floor, Tian Lun Group Building, Zheng Dong Xin District, Henan Province, Zhengzhou City, CHN, 450003
Tian Lun Gas Holdings Ltd is a Chinese investment holding company whose subsidiaries are engaged in the investment, operation and management of gas pipeline connections, transportation, distribution and sales of gas, construction and operation of gas filling stations, and production and sales of LNG in the People's Republic of China. The segments of the company are sale of natural gas in cylinders, sale of natural gas in bulk and engineering construction services. The company derives majority of its revenue from the sale of natural gas.

Tian Lun Gas Holdings (FRA:TLJ) Headlines

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