China Aircraft Leasing Group Holdings (HKSE:01848) Total Inventories : HK$2 Mil (As of Dec. 2023)

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What is China Aircraft Leasing Group Holdings Total Inventories?

China Aircraft Leasing Group Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$2 Mil. China Aircraft Leasing Group Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Aircraft Leasing Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-66.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Aircraft Leasing Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Aircraft Leasing Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 1,198.24.

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 Aircraft Leasing Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

China Aircraft Leasing Group Holdings Total Inventories Historical Data

The historical data trend for China Aircraft Leasing Group 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.

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China Aircraft Leasing Group Holdings Total Inventories Chart

China Aircraft Leasing Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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19.49

10.14

5.25

1.93

China Aircraft Leasing Group 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															10.14	6.09	5.25	1.97	1.93

China Aircraft Leasing Group 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.

China Aircraft Leasing Group Holdings (HKSE:01848) 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 Aircraft Leasing Group 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)
=	(5295.875	+	0.75 * 0	+	0.5 * 1.934	-	54684.765
-	0	-	-26.591)	/	744.355
=	-66.31

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

China Aircraft Leasing Group 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
	=	1.9495	/	2335.961	*	365 / 2
	=	0.15

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

China Aircraft Leasing Group 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 )
	=	2335.961	/	1.9495
	=	1,198.24

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 Aircraft Leasing Group 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 )
	=	1.9495	/	2222.556
	=	0.00

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 Aircraft Leasing Group Holdings Total Inventories Related Terms

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China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

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CFRLF:USA

Address

16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.calc.com.hk

China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.

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