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China ITS (Holdings) Co (HKSE:01900) Total Inventories : HK$442.1 Mil (As of Dec. 2023)


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What is China ITS (Holdings) Co Total Inventories?

China ITS (Holdings) Co's total inventories for the quarter that ended in Dec. 2023 was HK$442.1 Mil. China ITS (Holdings) Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$345.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China ITS (Holdings) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China ITS (Holdings) Co's Days Inventory for the six months ended in Dec. 2023 was 182.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. China ITS (Holdings) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.00.

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 ITS (Holdings) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.

China ITS (Holdings) Co Total Inventories Historical Data

The historical data trend for China ITS (Holdings) 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.

* Premium members only.

China ITS (Holdings) Co Total Inventories Chart

China ITS (Holdings) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 229.99 441.40 495.92 308.64 442.13

China ITS (Holdings) Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 495.92 443.50 308.64 248.30 442.13

China ITS (Holdings) 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 ITS (Holdings) Co  (HKSE:01900) 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 ITS (Holdings) Co'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)
=(529.998+0.75 * 393.177+0.5 * 442.125-1129.974
-0-149.381)/1697.69
=-0.14

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

China ITS (Holdings) Co'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
=345.2105/345.902*365 / 2
=182.14

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

China ITS (Holdings) Co'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 )
=345.902 / 345.2105
=1.00

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 ITS (Holdings) Co'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 )
=345.2105 / 559.215
=0.62

* 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.

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 ITS (Holdings) Co Total Inventories Related Terms

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China ITS (Holdings) Co (HKSE:01900) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » China ITS (Holdings) Co Ltd (HKSE:01900) » Definitions » Total Inventories
Comparable Companies
HKSE:01985 HKSE:01949 HKSE:01402 HKSE:08606 HKSE:01460 HKSE:08050 HKSE:02176 HKSE:08103 HKSE:02280 HKSE:08178 ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
Jiuxianqiao North Road, Building 204, No. A10, Chaoyang District, Beijing, CHN, 100015
Website
http://www.its.cn
China ITS (Holdings) Co Ltd and its subsidiaries are mainly a provider of products, specialized solutions, and services related to infrastructure technology in the railway and electric power sectors. The operating business segments are Railway business which is engaged in the provision of products and specialized solutions mainly including railway communication products and energy-base products. The Electric power business segment is engaged in the provision of products and specialized solutions related to electric power equipment for customers in the electric power infrastructure construction area. Geographically, the company operates in China and Myanmar.
Executives
Jiang Hailin 2201 Interest of corporation controlled by you
Liao Jie 2101 Beneficial owner
China Its Co., Ltd. 2101 Beneficial owner
Central Huijin Investment Ltd. 2106 Person having a security interest in shares
China Construction Bank Corporation 2106 Person having a security interest in shares
Joyful Business Holdings Limited 2101 Beneficial owner
Best Partners Development Limited 2501 Other
Credit Suisse Trust Limited 2301 Trustee
Fino Investments Limited 2201 Interest of corporation controlled by you
Tesco Investments Limited 2201 Interest of corporation controlled by you

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