China Greenland Broad Greenstate Group Co (HKSE:01253) Total Inventories : HK$33.46 Mil (As of Jun. 2023)

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What is China Greenland Broad Greenstate Group Co Total Inventories?

China Greenland Broad Greenstate Group Co's total inventories for the quarter that ended in Jun. 2023 was HK$33.46 Mil. China Greenland Broad Greenstate Group Co's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was HK$33.71 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Greenland Broad Greenstate Group Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was HK$-0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Greenland Broad Greenstate Group Co's Days Inventory for the six months ended in Jun. 2023 was 1,076.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Greenland Broad Greenstate Group Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.17.

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 Greenland Broad Greenstate Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 5.85.

China Greenland Broad Greenstate Group Co Total Inventories Historical Data

The historical data trend for China Greenland Broad Greenstate Group 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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China Greenland Broad Greenstate Group Co Total Inventories Chart

China Greenland Broad Greenstate Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

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35.23

37.20

39.76

39.15

33.96

China Greenland Broad Greenstate Group Co Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Inventories	Get a 7-Day Free Trial															40.83	39.15	37.87	33.96	33.46

China Greenland Broad Greenstate Group 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.

China Greenland Broad Greenstate Group Co (HKSE:01253) 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 Greenland Broad Greenstate Group Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

	Net-Net Working Capital Per Share (Q: Jun. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(6.556	+	0.75 * 329.384	+	0.5 * 33.461	-	2579.081
-	0	-	30.992)	/	3342.54
=	-0.70

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

China Greenland Broad Greenstate Group Co's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	33.7115	/	5.717	*	365 / 2
	=	1,076.15

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

China Greenland Broad Greenstate Group Co's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	5.717	/	33.7115
	=	0.17

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 Greenland Broad Greenstate Group Co's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	33.7115	/	5.761
	=	5.85

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 Greenland Broad Greenstate Group Co Total Inventories Related Terms

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China Greenland Broad Greenstate Group Co (HKSE:01253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Greenland Broad Greenstate Group Co Ltd (HKSE:01253) » Definitions » Total Inventories

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Address

1588 Lane, Zhuguang Road, Floor 8, Block D3, 5th Building, Hongqiao World Center, Shanghai, CHN, 200333

Website

https://www.greenland-broadgreenstate.com.cn

China Greenland Broad Greenstate Group Co Ltd is an investment holding company that provides landscape architecture design services. The company is headquartered in the People's Republic of China and generates all revenue domestically. It designs, plans, constructs and maintains landscapes, and cultivates plant seedlings. Its clients are mainly local governments and state-owned enterprises in China, and the company is contracted to work in several municipal and city landscaping projects.

Executives

Lv Di Shu Zi Ke Ji You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Jin Rong Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Jin Chuang Ke Ji Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Kong Gu Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Lv Di Jin Rong Hai Wai Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Broad Landscape International Company Limited
Inscription Capital Holdings Limited	2101 Beneficial owner
Wu Zhengping	2201 Interest of corporation controlled by you
Xiao Li	2202 Interest of your spouse
Hsbc International Trustee Limited	2301 Trustee
Hope Empire Limited	2201 Interest of corporation controlled by you
Wholeking Holdings Limited	2101 Beneficial owner
Cai Kui	2501 Other
Cithara Global Multi-strategy Spc-series 6 Sp	2101 Beneficial owner

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