CITIC Envirotech (TPE:911610) Total Inventories : NT$827 Mil (As of Sep. 2019)

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

What is CITIC Envirotech Total Inventories?

CITIC Envirotech's total inventories for the quarter that ended in Sep. 2019 was NT$827 Mil. CITIC Envirotech's average total inventories from the quarter that ended in Jun. 2019 to the quarter that ended in Sep. 2019 was NT$736 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CITIC Envirotech's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was NT$-52.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CITIC Envirotech's Days Inventory for the three months ended in Sep. 2019 was 42.96.

Inventory Turnover measures how fast the company turns over its inventory within a year. CITIC Envirotech's Inventory Turnover for the quarter that ended in Sep. 2019 was 2.12.

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. CITIC Envirotech's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.20.

CITIC Envirotech Total Inventories Historical Data

The historical data trend for CITIC Envirotech'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.

CITIC Envirotech Total Inventories Chart

CITIC Envirotech Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Dec16

Dec17

Dec18

Total Inventories

Get a 7-Day Free Trial

10.24

302.37

307.06

564.51

589.61

CITIC Envirotech Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Total Inventories	Get a 7-Day Free Trial															697.20	589.61	750.06	644.31	826.71

CITIC Envirotech 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.

CITIC Envirotech (TPE:911610) 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.

CITIC Envirotech's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is

	Net-Net Working Capital Per Share (Q: Sep. 2019 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11732.19	+	0.75 * 5607.809	+	0.5 * 826.708	-	62765.555
-	0	-	4873.424)	/	972.432
=	-52.74

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

CITIC Envirotech's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	735.5065	/	1562.423	*	365 / 4
	=	42.96

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

CITIC Envirotech's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2019 )	/	Average Total Inventories (Q: Sep. 2019 )
	=	1562.423	/	735.5065
	=	2.12

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.

CITIC Envirotech's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	735.5065	/	3702.305
	=	0.20

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.

CITIC Envirotech Total Inventories Related Terms

Thank you for viewing the detailed overview of CITIC Envirotech's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

CITIC Envirotech (TPE:911610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CITIC Envirotech Ltd (TPE:911610) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Science Park Road, No. 01-01 The Alpha, Singapore, SGP, 117684

Website

http://www.citicenvirotech.com

CITIC Envirotech Ltd is a provider of membrane-based integrated environmental solutions. The company manufactures membrane products whose technologies are applied for the treatment and recycling of wastewater. Its principal activities include design, fabrication, installation, and commissioning of water and wastewater systems. The company operates through two segments. Its Engineering and membrane system comprises of Engineering and Membrane system sales. The Treatment segment is engaged in the rendering of wastewater treatment services and the Membrane manufacturing and sales segment manufactures and sells polymers. The company's geographical area of operation includes the People's Republic of China, the United States of America and Malaysia.

CITIC Envirotech (TPE:911610) Headlines

No Headlines