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Tianjin Construction Development Group Co (HKSE:02515) Total Inventories : HK$0.2 Mil (As of Jun. 2024)


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What is Tianjin Construction Development Group Co Total Inventories?

Tianjin Construction Development Group Co's total inventories for the quarter that ended in Jun. 2024 was HK$0.2 Mil. Tianjin Construction Development Group Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$0.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tianjin Construction Development Group Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tianjin Construction Development Group Co's Days Inventory for the six months ended in Jun. 2024 was 0.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianjin Construction Development Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 335.55.

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. Tianjin Construction Development Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Tianjin Construction Development Group Co Total Inventories Historical Data

The historical data trend for Tianjin Construction Development 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.

* Premium members only.

Tianjin Construction Development Group Co Total Inventories Chart

Tianjin Construction Development Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
0.05 0.21 0.22 0.31

Tianjin Construction Development Group Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Inventories Get a 7-Day Free Trial - 0.22 0.15 0.31 0.15

Tianjin Construction Development 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.

Tianjin Construction Development Group Co  (HKSE:02515) 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.

Tianjin Construction Development Group Co'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)
=(58.298+0.75 * 246.94+0.5 * 0.152-312.314
-0-0)/215.795
=-0.32

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

Tianjin Construction Development Group Co'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
=0.23/77.176*365 / 2
=0.54

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

Tianjin Construction Development Group Co'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 )
=77.176 / 0.23
=335.55

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.

Tianjin Construction Development Group Co'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 )
=0.23 / 101.807
=0.00

* 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.

Tianjin Construction Development Group Co Total Inventories Related Terms

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Tianjin Construction Development Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tianjin Construction Development Group Co Ltd (HKSE:02515) » Definitions » Total Inventories
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 112 Dongting Road, Economic and Technological Development Zone, Binhai New Area, Tianjin, CHN
Website
https://www.tjcdg.com
Tianjin Construction Development Group Co Ltd is a construction group based in Tianjin that offers comprehensive construction services. It is engaged in the construction business and strove to provide high-quality construction services to its customers by leveraging its self-developed Jiexiao System, a comprehensive construction project management software equipped with multiple functions including cost monitoring, progress measuring and resources tracking.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you

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