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China Zhonghua Geotechnical Engineering Co (SZSE:002542) Total Inventories : ¥35 Mil (As of Mar. 2024)


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What is China Zhonghua Geotechnical Engineering Co Total Inventories?

China Zhonghua Geotechnical Engineering Co's total inventories for the quarter that ended in Mar. 2024 was ¥35 Mil. China Zhonghua Geotechnical Engineering Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥40 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Zhonghua Geotechnical Engineering Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-1.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Zhonghua Geotechnical Engineering Co's Days Inventory for the three months ended in Mar. 2024 was 19.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Zhonghua Geotechnical Engineering Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.63.

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 Zhonghua Geotechnical Engineering Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.


China Zhonghua Geotechnical Engineering Co Total Inventories Historical Data

The historical data trend for China Zhonghua Geotechnical Engineering Co'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 Zhonghua Geotechnical Engineering Co Total Inventories Chart

China Zhonghua Geotechnical Engineering Co 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 98.96 106.86 87.02 109.95 44.63

China Zhonghua Geotechnical Engineering Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 87.38 76.87 60.97 44.63 34.71

China Zhonghua Geotechnical Engineering Co 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 Zhonghua Geotechnical Engineering Co  (SZSE:002542) 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 Zhonghua Geotechnical Engineering Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(597.41+0.75 * 2928.82+0.5 * 34.709-5594.233
-0-16.893)/1806.12
=-1.55

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

China Zhonghua Geotechnical Engineering Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=39.671/183.776*365 / 4
=19.70

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

China Zhonghua Geotechnical Engineering Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=183.776 / 39.671
=4.63

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 Zhonghua Geotechnical Engineering Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=39.671 / 204.205
=0.19

* 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 Zhonghua Geotechnical Engineering Co Total Inventories Related Terms

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China Zhonghua Geotechnical Engineering Co (SZSE:002542) Business Description

Traded in Other Exchanges
N/A
Address
Aoyu Building, 2 Jinyuan Road Daxing Industrial Development Zone, Beijing, CHN, 102600
China Zhonghua Geotechnical Engineering Co Ltd is a China-based company operates in the domestic geotechnical engineering industry. Its business operations organized into engineering services, general aviation, cultural tourism, and investment. The company's engineering business covers the construction of municipal infrastructure, airports, subways, oil and gas, petrochemicals, ports, and terminals. The general aviation business includes civil aviation airport engineering consulting, planning and design, project investment and management. The cultural tourism business includes the development and construction of projects such as the featured towns, theme parks, and general aviation towns. Its business is distributed throughout the country, and the national markets.
Executives
Liu Zhong Chi Director
Song Wei Min Director
Wu Yan Wei Director
Wang Yong Gang Supervisors
Wang Jian Director
Liang Fu Hua Director
Shui Wei Hou Executives
Xiu Wei Executives
Yang Yuan Hong Executives
Wang Xi Liang Executives
Wang Ya Ling Director
Wang Xiu Ge Executives
Chai Shi Zhong Director

China Zhonghua Geotechnical Engineering Co (SZSE:002542) Headlines

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