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Churchill China (STU:EQW) Total Inventories : €25.42 Mil (As of Dec. 2023)


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What is Churchill China Total Inventories?

Churchill China's total inventories for the quarter that ended in Dec. 2023 was €25.42 Mil. Churchill China's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €23.87 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Churchill China's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €1.28.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Churchill China's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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. Churchill China's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.54.


Churchill China Total Inventories Historical Data

The historical data trend for Churchill 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.

Churchill China Total Inventories Chart

Churchill China 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 13.74 14.17 12.34 18.27 25.42

Churchill China Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.34 12.93 18.27 22.32 25.42

Churchill 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.


Churchill China  (STU:EQW) 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.

Churchill China's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.173+0.75 * 12.18+0.5 * 25.416-23.922
-0-0)/10.9978
=1.28

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

Churchill China's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=23.869/0*365 / 2
=

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

Churchill China's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0 / 23.869
=0.00

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.

Churchill China's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=23.869 / 44.454
=0.54

* 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.


Churchill China Total Inventories Related Terms

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Churchill China (STU:EQW) Business Description

Traded in Other Exchanges
Address
No.1 Marlborough Way, Tunstall, Stoke-on-Trent, Staffs, GBR, ST6 5NZ
Churchill China PLC is a British pottery manufacturer. It is a manufacturer and distributor of tabletop products. Its customers include the pub, restaurant and hotel chains, sports and conference venues, health and education establishments and contract caterers. Its segments include Ceramics, the sale of ceramic tableware and complimentary items, and Materials, the sale of materials for the production of ceramics, to the tableware industry, majority of its revenue is generated from Ceramics segment. It operates in the UK, Rest of Europe, USA and Rest of the World.

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