GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Resources Building Materials Technology Holdings Ltd (STU:C44) » Definitions » Total Inventories

China Resources Building Materials Technology Holdings (STU:C44) Total Inventories : €311 Mil (As of Jun. 2024)


View and export this data going back to 2009. Start your Free Trial

What is China Resources Building Materials Technology Holdings Total Inventories?

China Resources Building Materials Technology Holdings's total inventories for the quarter that ended in Jun. 2024 was €311 Mil. China Resources Building Materials Technology Holdings's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was €156 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Resources Building Materials Technology Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Resources Building Materials Technology Holdings's Days Inventory for the three months ended in Jun. 2024 was 23.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Resources Building Materials Technology Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.82.

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 Resources Building Materials Technology Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.22.


China Resources Building Materials Technology Holdings Total Inventories Historical Data

The historical data trend for China Resources Building Materials Technology Holdings'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 Resources Building Materials Technology Holdings Total Inventories Chart

China Resources Building Materials Technology Holdings 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 174.03 196.31 334.13 330.47 243.50

China Resources Building Materials Technology Holdings Quarterly Data
Dec16 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 - 243.50 - 311.10 -

China Resources Building Materials Technology Holdings 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 Resources Building Materials Technology Holdings  (STU:C44) 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 Resources Building Materials Technology Holdings'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)
=(142.858+0.75 * 325.982+0.5 * 311.097-3429.836
-0-207.429)/6982.94
=-0.44

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

China Resources Building Materials Technology Holdings'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
=155.5485/594.185*365 / 4
=23.89

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

China Resources Building Materials Technology Holdings'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 )
=594.185 / 155.5485
=3.82

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 Resources Building Materials Technology Holdings'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 )
=155.5485 / 707.293
=0.22

* 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 Resources Building Materials Technology Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of China Resources Building Materials Technology Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


China Resources Building Materials Technology Holdings Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Room 3001-05, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Building Materials, or CRBM, mainly engages in the production and sale of cement, clinker, and concrete in Southern China. The company was established in 2003, with parent company China Resources Group holding 68% of its total equity stake. While cement and clinker products have been the largest contributors to CRBM's earnings historically, the firm has actively forayed into related sectors such as aggregates and engineered stones in recent years. Its major customers include real estate and infrastructure builders in provinces such as Guangdong, Guangxi, and Fujian.

China Resources Building Materials Technology Holdings Headlines

No Headlines