China Conch Environment Protection Holdings (HKSE:00587) Total Inventories : HK$34 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is China Conch Environment Protection Holdings Total Inventories?

China Conch Environment Protection Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$34 Mil. China Conch Environment Protection Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$30 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Conch Environment Protection Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-3.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Conch Environment Protection Holdings's Days Inventory for the six months ended in Dec. 2023 was 9.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Conch Environment Protection Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.45.

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 Conch Environment Protection Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

China Conch Environment Protection Holdings Total Inventories Historical Data

The historical data trend for China Conch Environment Protection Holdings'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 Conch Environment Protection Holdings Total Inventories Chart

China Conch Environment Protection Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

3.09

4.32

9.87

19.92

34.42

China Conch Environment Protection Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial				9.87	19.04	19.92	25.29	34.42

China Conch Environment Protection Holdings 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 Conch Environment Protection Holdings (HKSE:00587) 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 Conch Environment Protection Holdings'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)
=	(322.991	+	0.75 * 1020.276	+	0.5 * 34.416	-	6236.813
-	0	-	784.407)	/	1826.77
=	-3.24

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

China Conch Environment Protection Holdings'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
	=	29.851	/	550.782	*	365 / 2
	=	9.89

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

China Conch Environment Protection Holdings'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 )
	=	550.782	/	29.851
	=	18.45

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 Conch Environment Protection Holdings'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 )
	=	29.851	/	996.183
	=	0.03

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 Conch Environment Protection Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of China Conch Environment Protection Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

China Conch Environment Protection Holdings (HKSE:00587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » China Conch Environment Protection Holdings Ltd (HKSE:00587) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1005, South Jiuhua Road, Yijiang District, Anhui Province, Wuhu Conch International Conference Center, Wuhu, CHN, 241070

Website

https://www.conchenviro.com

China Conch Environment Protection Holdings Ltd is an energy conservation and environmental protection enterprise focusing on providing eco-friendly and cost-efficient treatment of industrial solid and hazardous waste in China. It had secured around 100 environmental protection projects in various provinces, municipalities, and regions nationwide. The group has three segments: industrial hazardous waste treatment services, industrial solid waste treatment services and comprehensive resource utilization.

Executives

Wang Jingqian	2103 Interests held jointly with another person
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si	2103 Interests held jointly with another person
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Han Zhuhua	2103 Interests held jointly with another person
Zhou Xiaochuan	2103 Interests held jointly with another person
Yan Zi	2103 Interests held jointly with another person
Qi Shengli	2103 Interests held jointly with another person
Ma Wei	2103 Interests held jointly with another person
Liao Dan	2202 Interest of your spouse
Li Xiaobo	2103 Interests held jointly with another person
Li Qunfeng	2103 Interests held jointly with another person
Ji Xian	2103 Interests held jointly with another person
Guo Dan	2103 Interests held jointly with another person

China Conch Environment Protection Holdings (HKSE:00587) Headlines

No Headlines