China Graphite Group (HKSE:02237) Total Inventories : HK$48.9 Mil (As of Jun. 2024)

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What is China Graphite Group Total Inventories?

China Graphite Group's total inventories for the quarter that ended in Jun. 2024 was HK$48.9 Mil. China Graphite Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$44.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Graphite Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Graphite Group's Days Inventory for the six months ended in Jun. 2024 was 225.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Graphite Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.81.

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 Graphite Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.14.

China Graphite Group Total Inventories Historical Data

The historical data trend for China Graphite 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.

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China Graphite Group Total Inventories Chart

China Graphite Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

39.42

30.81

23.11

21.26

40.16

China Graphite Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial				33.16	21.26	39.43	40.16	48.93

China Graphite 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.

China Graphite Group (HKSE:02237) 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 Graphite Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(102.2	+	0.75 * 88.442	+	0.5 * 48.925	-	187.151
-	0	-	0)	/	1600
=	0.00

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

China Graphite Group's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	44.54	/	36.079	*	365 / 2
	=	225.30

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

China Graphite Group's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	36.079	/	44.54
	=	0.81

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 Graphite Group's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	44.54	/	39.226
	=	1.14

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 Graphite Group Total Inventories Related Terms

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China Graphite Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Graphite Group Ltd (HKSE:02237) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yanjun Farm, No. 1, Building 1, Graphite Development Zone, Luobei County, Heilongjiang Province, Hegang, CHN

Website

https://www.chinagraphite.com.hk

China Graphite Group Ltd is engaged in the production and sales of flake graphite concentrate and Sale of spherical graphite and its by-products, and unprocessed marble in China. All of the Group's activities are carried out in the People's Republic of China.

Executives

Sandy Mining Limited	2101 Beneficial owner
Zhao Liang	2201 Interest of corporation controlled by you

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