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MLLUY (Metallurgical of China) Total Inventories : $10,383 Mil (As of Dec. 2024)


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What is Metallurgical of China Total Inventories?

Metallurgical of China's total inventories for the quarter that ended in Dec. 2024 was $10,383 Mil. Metallurgical of China's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $10,833 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Metallurgical of China's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-53.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metallurgical of China's Days Inventory for the three months ended in Dec. 2024 was 58.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metallurgical of China's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.56.

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. Metallurgical of China's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.57.


Metallurgical of China Total Inventories Historical Data

The historical data trend for Metallurgical of China'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.

Metallurgical of China Total Inventories Chart

Metallurgical of China Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,264.21 9,710.25 11,467.60 11,214.74 10,382.67

Metallurgical of China Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11,214.74 11,378.32 11,026.84 11,282.69 10,382.67

Metallurgical of China 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.


Metallurgical of China  (OTCPK:MLLUY) 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.

Metallurgical of China's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7219.309+0.75 * 29325.989+0.5 * 10382.674-85936.777
-0-4023.345)/1036.181
=-53.62

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

Metallurgical of China's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=10832.684/16927.145*365 / 4
=58.40

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

Metallurgical of China's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=16927.145 / 10832.684
=1.56

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.

Metallurgical of China's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=10832.684 / 19147.495
=0.57

* 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.


Metallurgical of China Total Inventories Related Terms

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Metallurgical of China Business Description

Traded in Other Exchanges
Address
No. 28, Shuguang Xili, MCC Tower, Chaoyang DIstrict, Beijing, CHN, 100028
Metallurgical Corp of China Ltd is a metallurgical engineering and construction group operating predominantly in China. The segments through which business is conducted are; Engineering contracting business, Resources development business, Featured business, Comprehensive real estate business, and other businesses. The majority of the revenue for the company is generated from the Engineering contracting business segment which includes its core business carried out by way of EPC contracts and general financing and construction contracting contracts.

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