CNT Group (HKSE:00701) Total Inventories : HK$27.4 Mil (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is CNT Group Total Inventories?

CNT Group's total inventories for the quarter that ended in Dec. 2023 was HK$27.4 Mil. CNT Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$28.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CNT Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CNT Group's Days Inventory for the six months ended in Dec. 2023 was 35.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. CNT Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.18.

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. CNT Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

CNT Group Total Inventories Historical Data

The historical data trend for CNT Group'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.

CNT Group Total Inventories Chart

CNT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

70.29

78.75

82.08

43.12

27.35

CNT Group 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															82.08	66.26	43.12	29.07	27.35

CNT Group 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.

CNT Group (HKSE:00701) 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.

CNT Group'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)
=	(260.392	+	0.75 * 156.933	+	0.5 * 27.353	-	511.373
-	0	-	120.761)	/	1903.69
=	-0.13

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

CNT Group'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
	=	28.209	/	146.004	*	365 / 2
	=	35.26

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

CNT Group'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 )
	=	146.004	/	28.209
	=	5.18

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.

CNT Group'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 )
	=	28.209	/	239.366
	=	0.12

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.

CNT Group Total Inventories Related Terms

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

CNT Group (HKSE:00701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CNT Group Ltd (HKSE:00701) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Hennessy Road, 28th Floor, Unit E, CNT Tower, Wanchai, Hong Kong, HKG

Website

https://www.cntgroup.com.hk

CNT Group Ltd is principally engaged in the manufacture and sale of paint products, property investment, iron and steel trading, and investment holding activities. The company operates through the business segments are, The Paint products segment engages in the manufacture and sale of paint products. The Property investment segment comprises the investment in residential, commercial and industrial premises for their rental income potential and development and sale of properties. The Iron and steel trading segment comprises the trading of iron and steel products and related investments. The Hotel business segment, and the other segment comprises, principally, investment holding and securities trading. Majority of the company's revenue comes from the Paint products segment in Mainland China.

Executives

Prime Surplus Limited	2101 Beneficial owner
Ho Mei Po, Mabel	2202 Interest of your spouse
Tsui Ho Chuen, Philip	2201 Interest of corporation controlled by you
Polygold Holdings Limited	2201 Interest of corporation controlled by you
Rapid Growth Ltd.	2301 Trustee
Xie Jian Ming	2201 Interest of corporation controlled by you

CNT Group (HKSE:00701) Headlines

No Headlines