GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Agri-Products Exchange Ltd (HKSE:00149) » Definitions » Total Inventories

China Agri-Products Exchange (HKSE:00149) Total Inventories : HK$1,209.8 Mil (As of Sep. 2023)


View and export this data going back to 1973. Start your Free Trial

What is China Agri-Products Exchange Total Inventories?

China Agri-Products Exchange's total inventories for the quarter that ended in Sep. 2023 was HK$1,209.8 Mil. China Agri-Products Exchange's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$1,266.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Agri-Products Exchange's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Agri-Products Exchange's Days Inventory for the six months ended in Sep. 2023 was 1,424.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Agri-Products Exchange's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.13.

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 Agri-Products Exchange's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 3.90.


China Agri-Products Exchange Total Inventories Historical Data

The historical data trend for China Agri-Products Exchange'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 Agri-Products Exchange Total Inventories Chart

China Agri-Products Exchange Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 886.49 1,597.57 1,692.71 1,534.06 1,323.71

China Agri-Products Exchange Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 1,631.16 1,534.06 1,298.67 1,323.71 1,209.82

China Agri-Products Exchange 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 Agri-Products Exchange  (HKSE:00149) 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 Agri-Products Exchange'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)
=(278.795+0.75 * 2.364+0.5 * 1209.821-2641.578
-0-372.138)/9953.07
=-0.21

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

China Agri-Products Exchange'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
=1266.765/162.323*365 / 2
=1,424.23

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

China Agri-Products Exchange'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 )
=162.323 / 1266.765
=0.13

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 Agri-Products Exchange'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 )
=1266.765 / 324.693
=3.90

* 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 Agri-Products Exchange Total Inventories Related Terms

Thank you for viewing the detailed overview of China Agri-Products Exchange's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


China Agri-Products Exchange (HKSE:00149) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
China Agri-Products Exchange Ltd is an investment holding company. The company operates through two segments namely Agricultural produce exchange market operation; and Property sales. The majority of its revenue is derived from the Agricultural produce exchange market operation segment. Geographically, it derives revenue from China.
Executives
Tang Ching Ho 2201 Interest of corporation controlled by you
Wang On Group Limited 2201 Interest of corporation controlled by you
Yau Yuk Yin 2202 Interest of your spouse
Wai Yuen Tong Medicine Holdings Limited 2201 Interest of corporation controlled by you
Easy One Financial Group Limited 2201 Interest of corporation controlled by you
Biomore Investments Limited 2201 Interest of corporation controlled by you
Goal Success Investments Limited 2101 Beneficial owner
Total Smart Investments Limited 2201 Interest of corporation controlled by you

China Agri-Products Exchange (HKSE:00149) Headlines

No Headlines