Chongqing Changan Automobile Co (SZSE:200625) Total Inventories : HK$13,735 Mil (As of Sep. 2024)

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What is Chongqing Changan Automobile Co Total Inventories?

Chongqing Changan Automobile Co's total inventories for the quarter that ended in Sep. 2024 was HK$13,735 Mil. Chongqing Changan Automobile Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was HK$14,292 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chongqing Changan Automobile Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$-3.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chongqing Changan Automobile Co's Days Inventory for the three months ended in Sep. 2024 was 41.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chongqing Changan Automobile Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.22.

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. Chongqing Changan Automobile Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.38.

Chongqing Changan Automobile Co Total Inventories Historical Data

The historical data trend for Chongqing Changan Automobile 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.

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Chongqing Changan Automobile Co Total Inventories Chart

Chongqing Changan Automobile Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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3,756.03

7,074.09

8,391.12

6,502.97

14,728.66

Chongqing Changan Automobile Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial															10,398.70	14,728.66	13,700.30	14,848.62	13,734.77

Chongqing Changan Automobile 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.

Chongqing Changan Automobile Co (SZSE:200625) 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.

Chongqing Changan Automobile Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(77262.789	+	0.75 * 4653.212	+	0.5 * 13734.77	-	120015.665
-	0	-	2192.958)	/	9917.29
=	-3.49

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

Chongqing Changan Automobile Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	14291.693	/	31781.671	*	365 / 4
	=	41.03

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

Chongqing Changan Automobile Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	31781.671	/	14291.693
	=	2.22

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.

Chongqing Changan Automobile Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	14291.693	/	37696.446
	=	0.38

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.

Chongqing Changan Automobile Co Total Inventories Related Terms

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Chongqing Changan Automobile Co Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chongqing Changan Automobile Co Ltd (SZSE:200625) » Definitions » Total Inventories

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000625:China

Address

No. 260, East Jianxin Road, Jiangbei District, Chongqing, CHN, 400023

Website

https://www.changan.com.cn

Chongqing Changan Automobile Co Ltd is engaged in automobile manufacturing. It has 14 production bases and 33 vehicle, engine and transmission factories around the world. The company has a vast majority of engineering and technical personnel around the world and has established Chongqing, Beijing, Hebei Dingzhou, Anhui Hefei, Italy Turin, Japan Yokohama, UK Birmingham, us Detroit and Germany Munich. It has a professional automobile R&D process system and test verification system to ensure that each product can meet the needs of its users. The company has launched CS series, Eado series, UNI series and other products. In the field of intelligence, the Beidou Tianshu Plan provides users with a four-hearted car platform that is safe, happy, caring, and worry-free.

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