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COSCO SHIPPING Ports (HKSE:01199) Total Inventories : HK$155 Mil (As of Dec. 2023)


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What is COSCO SHIPPING Ports Total Inventories?

COSCO SHIPPING Ports's total inventories for the quarter that ended in Dec. 2023 was HK$155 Mil. COSCO SHIPPING Ports's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was HK$160 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. COSCO SHIPPING Ports's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-10.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. COSCO SHIPPING Ports's Days Inventory for the three months ended in Dec. 2023 was 6.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. COSCO SHIPPING Ports's Inventory Turnover for the quarter that ended in Dec. 2023 was 13.72.

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. COSCO SHIPPING Ports's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.


COSCO SHIPPING Ports Total Inventories Historical Data

The historical data trend for COSCO SHIPPING Ports'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.

COSCO SHIPPING Ports Total Inventories Chart

COSCO SHIPPING Ports Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.37 115.14 156.85 150.68 154.77

COSCO SHIPPING Ports Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 150.68 166.96 164.29 154.77 -

COSCO SHIPPING Ports 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.


COSCO SHIPPING Ports  (HKSE:01199) 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.

COSCO SHIPPING Ports'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)
=(9082.219+0.75 * 898.736+0.5 * 154.767-39746.852
-0-8370.497)/3563.58
=-10.74

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

COSCO SHIPPING Ports's Days Inventory for the three 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
=159.528/2189.282*365 / 4
=6.65

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

COSCO SHIPPING Ports'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 )
=2189.282 / 159.528
=13.72

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.

COSCO SHIPPING Ports'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 )
=159.528 / 3175.293
=0.05

* 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.


COSCO SHIPPING Ports Total Inventories Related Terms

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COSCO SHIPPING Ports (HKSE:01199) Business Description

Traded in Other Exchanges
Address
183 Queen's Road Central, 49th Floor, COSCO Tower, Hong Kong, HKG
COSCO SHIPPING Ports Ltd is a leading port operator and investor in China. The company's segment includes Terminals and related businesses and Others. It generates maximum revenue from the Terminals and related businesses segment. Geographically presence in Mainland China (excluding Hong Kong), Europe and Others.
Executives
China Cosco (hong Kong) Limited 2101 Beneficial owner
China Cosco Shipping Corporation Limited 2201 Interest of corporation controlled by you
Cosco Shipping Holdings Co., Ltd. 2201 Interest of corporation controlled by you
China Ocean Shipping Company Limited 2201 Interest of corporation controlled by you
Silchester International Investors Llp 2102 Investment manager
Citigroup Inc. 2201 Interest of corporation controlled by you
China Ocean Shipping Co., Ltd. 2201 Interest of corporation controlled by you

COSCO SHIPPING Ports (HKSE:01199) Headlines

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