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China Water Affairs Group (FRA:CUBB) Total Inventories : €74 Mil (As of Sep. 2023)


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What is China Water Affairs Group Total Inventories?

China Water Affairs Group's total inventories for the quarter that ended in Sep. 2023 was €74 Mil. China Water Affairs Group's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was €149 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Water Affairs Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was €-2.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Water Affairs Group's Days Inventory for the six months ended in Sep. 2023 was 52.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Water Affairs Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.47.

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 Water Affairs Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.18.


China Water Affairs Group Total Inventories Historical Data

The historical data trend for China Water Affairs Group'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 Water Affairs Group Total Inventories Chart

China Water Affairs Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.87 73.47 99.77 96.53 224.43

China Water Affairs Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 120.58 96.53 88.73 224.43 73.66

China Water Affairs Group 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 Water Affairs Group  (FRA:CUBB) 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 Water Affairs Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(689.338+0.75 * 291.449+0.5 * 73.66-4779.644
-0-970.279)/1632.32
=-2.94

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

China Water Affairs Group's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=149.047/517.311*365 / 2
=52.58

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

China Water Affairs Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=517.311 / 149.047
=3.47

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 Water Affairs Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=149.047 / 819.399
=0.18

* 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 Water Affairs Group Total Inventories Related Terms

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China Water Affairs Group (FRA:CUBB) Business Description

Traded in Other Exchanges
Address
18 Harbour Road, Central Plaza, Suite 6408, 64th Floor, Wanchai, Hong Kong, HKG
China Water Affairs Group Ltd is a Chinese water utility company that builds, operates, and invests in water affairs projects in China. The firm's primary segments include City water supply operation, main contractor construction, Environmental protection, and Property development and investment, Pipeline direct drinking water supply. It generates a majority of its revenue from the City water supply operation segment. Geographically, the company generates a major share of its revenue from the People's Republic of China.

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