CM Energy Tech Co (HKSE:00206) Total Inventories : HK$274 Mil (As of Jun. 2024)

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What is CM Energy Tech Co Total Inventories?

CM Energy Tech Co's total inventories for the quarter that ended in Jun. 2024 was HK$274 Mil. CM Energy Tech Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$293 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CM Energy Tech Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CM Energy Tech Co's Days Inventory for the six months ended in Jun. 2024 was 114.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. CM Energy Tech Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.60.

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. CM Energy Tech Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.48.

CM Energy Tech Co Total Inventories Historical Data

The historical data trend for CM Energy Tech Co'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.

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CM Energy Tech Co Total Inventories Chart

CM Energy Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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1,163.09

178.36

260.42

282.14

312.00

CM Energy Tech Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial															206.43	282.14	201.79	312.00	274.34

CM Energy Tech Co 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.

CM Energy Tech Co (HKSE:00206) 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.

CM Energy Tech Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(552.792	+	0.75 * 522.512	+	0.5 * 274.342	-	1020.041
-	0	-	6.1)	/	3172.935
=	0.02

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

CM Energy Tech Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	293.172	/	469.092	*	365 / 2
	=	114.06

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

CM Energy Tech Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	469.092	/	293.172
	=	1.60

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.

CM Energy Tech Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	293.172	/	606.064
	=	0.48

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.

CM Energy Tech Co Total Inventories Related Terms

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CM Energy Tech Co Business Description

Industry

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Traded in Other Exchanges

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Address

1-7 Sai Tso Wan Road, 3rd Floor, Office Building, Tsing Yi Island, New Territories, Hong Kong, HKG

Website

http://www.cm-energy.com

CM Energy Tech Co Ltd's primary business is offshore wind power installation, core equipment technology, products and services in the green and clean energy and oil and gas exploration industries, and offshore engineering asset management business. The company has three reportable segments such as Equipment Manufacturing & Packages: Designs, builds, and installs equipment for land & offshore drilling rigs, wind power platforms, and rigs. Leases self-owned land & offshore drilling rigs. Supply Chain Services: Provides supply chain and integration services for oilfield expendables and supplies. Asset Management Services: Offers asset management, engineering services, and sub-leasing of land drilling rigs and diving support vessels.

Executives

China Merchants Group Limited	2201 Interest of corporation controlled by you
Gardner Aaron Luke	2201 Interest of corporation controlled by you
Fok Hei Yu (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Zhao Shang Ju Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
China State Shipbuilding Corporation Limited	2201 Interest of corporation controlled by you
Wah Shun International Marine Limited	2101 Beneficial owner
Cssc Offshore & Marine Engineering (group) Company Limited	2201 Interest of corporation controlled by you
Cssc Huangpu Wenchong Shipbuilding Company Limited	2201 Interest of corporation controlled by you
China Merchants & Great Wall Ocean Strategy & Technology Fund (l.p.)	2201 Interest of corporation controlled by you
China International Marine Containers (hong Kong) Limited	2101 Beneficial owner
China International Marine Containers (group) Co., Ltd.	2201 Interest of corporation controlled by you
Prime Force Investment Corporation	2101 Beneficial owner
China Merchants Great-wall Gp Limited	2201 Interest of corporation controlled by you
Minyun Limited	2201 Interest of corporation controlled by you
Zhang Menggui	2201 Interest of corporation controlled by you

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