CAR (HKSE:00699) Total Inventories : HK$93 Mil (As of Dec. 2020)

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

What is CAR Total Inventories?

CAR's total inventories for the quarter that ended in Dec. 2020 was HK$93 Mil. CAR's average total inventories from the quarter that ended in Jun. 2020 to the quarter that ended in Dec. 2020 was HK$107 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CAR's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was HK$-3.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CAR's Days Inventory for the six months ended in Dec. 2020 was 5.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. CAR's Inventory Turnover for the quarter that ended in Dec. 2020 was 32.25.

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. CAR's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.03.

CAR Total Inventories Historical Data

The historical data trend for CAR'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.

CAR Total Inventories Chart

CAR Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Inventories

Get a 7-Day Free Trial

261.75

189.50

216.56

253.30

93.46

CAR Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Total Inventories	Get a 7-Day Free Trial										216.56	412.46	253.30	119.81	93.46

CAR 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.

CAR (HKSE:00699) 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.

CAR's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 is

	Net-Net Working Capital Per Share (Q: Dec. 2020 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2583.839	+	0.75 * 68.024	+	0.5 * 93.456	-	9598.945
-	0	-	0)	/	2122.45
=	-3.26

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

CAR's Days Inventory for the six months ended in Dec. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2020 )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
	=	106.634	/	3439.34	*	365 / 2
	=	5.66

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

CAR's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2020 )	/	Average Total Inventories (Q: Dec. 2020 )
	=	3439.34	/	106.634
	=	32.25

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.

CAR's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2020 )	/	Revenue (Q: Dec. 2020 )
	=	106.634	/	3989.588
	=	0.03

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.

CAR Total Inventories Related Terms

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

CAR (HKSE:00699) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CAR Inc (HKSE:00699) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2A Zhonghuan South Road, 3rd Floor, Block B, Lead International, Wangjing, Chaoyang District, Beijing, CHN, 100102

Website

https://www.zuche.com

CAR Inc is engaged in providing car rental services. Its businesses include the provision of long-term and short-term car rental services, finance lease and the sales of used rental vehicles, among others. The company is engaged in vehicle parking management, processing and manufacture of auto parts, the provision of auto repair services, as well as the provision of information technology (IT) services. It also offers other services including accident coverage packages, GPS ( Global Positioning System) navigation systems, 24/7 roadside assistance, and others.

CAR (HKSE:00699) Headlines

No Headlines