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China Aluminum International Engineering (SHSE:601068) Total Inventories : ¥2,120 Mil (As of Jun. 2024)


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What is China Aluminum International Engineering Total Inventories?

China Aluminum International Engineering's total inventories for the quarter that ended in Jun. 2024 was ¥2,120 Mil. China Aluminum International Engineering's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was ¥2,177 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Aluminum International Engineering's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ¥-6.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Aluminum International Engineering's Days Inventory for the three months ended in Jun. 2024 was 38.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Aluminum International Engineering's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.38.

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 Aluminum International Engineering's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.38.


China Aluminum International Engineering Total Inventories Historical Data

The historical data trend for China Aluminum International Engineering'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 Aluminum International Engineering Total Inventories Chart

China Aluminum International Engineering 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 3,110.39 3,381.15 2,518.26 2,854.95 2,229.45

China Aluminum International Engineering Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2,958.31 2,229.45 2,233.55 2,119.61 -

China Aluminum International Engineering 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 Aluminum International Engineering  (SHSE:601068) 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 Aluminum International Engineering'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)
=(3295.538+0.75 * 16218.01+0.5 * 2119.605-35290.408
-0-284.596)/2959.07
=-6.44

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

China Aluminum International Engineering's Days Inventory for the three 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
=2176.577/5171.796*365 / 4
=38.40

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

China Aluminum International Engineering'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 )
=5171.796 / 2176.577
=2.38

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 Aluminum International Engineering'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 )
=2176.577 / 5725.209
=0.38

* 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 Aluminum International Engineering Total Inventories Related Terms

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China Aluminum International Engineering Business Description

Traded in Other Exchanges
Address
No. 99 Xingshikou Road, Building C, Haidian District, Beijing, CHN, 100093
China Aluminum International Engineering Corp Ltd is a technology, engineering service, and equipment provider in the nonferrous metals industry in China, capable of providing a full range of integrated technology and engineering design and construction services for various businesses in the entire nonferrous metals industry chain. The company's businesses mainly include engineering survey, design and consultancy, engineering and construction contracting, equipment manufacturing, and equipment trading. It earns its revenue from its operations in China.

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