Dongjiang Environmental Co (HKSE:00895) Total Inventories : HK$864 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Dongjiang Environmental Co Total Inventories?

Dongjiang Environmental Co's total inventories for the quarter that ended in Dec. 2023 was HK$864 Mil. Dongjiang Environmental Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was HK$865 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dongjiang Environmental Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-5.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dongjiang Environmental Co's Days Inventory for the three months ended in Dec. 2023 was 70.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dongjiang Environmental Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.29.

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. Dongjiang Environmental Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.77.

Dongjiang Environmental Co Total Inventories Historical Data

The historical data trend for Dongjiang Environmental 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.

Dongjiang Environmental Co Total Inventories Chart

Dongjiang Environmental Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

333.51

316.64

674.56

725.55

863.89

Dongjiang Environmental 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															862.65	874.52	865.96	863.89	-

Dongjiang Environmental 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.

Dongjiang Environmental Co (HKSE:00895) 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.

Dongjiang Environmental Co'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)
=	(1420.188	+	0.75 * 1117.785	+	0.5 * 863.894	-	7787.269
-	0	-	596.627)	/	1105.26
=	-5.15

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

Dongjiang Environmental Co'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
	=	864.9265	/	1117.732	*	365 / 4
	=	70.61

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

Dongjiang Environmental Co'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 )
	=	1117.732	/	864.9265
	=	1.29

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.

Dongjiang Environmental Co'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 )
	=	864.9265	/	1119.318
	=	0.77

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.

Dongjiang Environmental Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Dongjiang Environmental Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Dongjiang Environmental Co (HKSE:00895) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Dongjiang Environmental Co Ltd (HKSE:00895) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

DGN:Germany 002672:China

Address

No. 9 Langshan Road, 1st Floor, 3rd Floor, North of 8th Floor, 9th-12th Floor, Dongjiang Environmental Building, North Zone of Hi-tech Industrial Park, Nanshan, Shenzhen, CHN

Website

https://www.dongjiang.com.cn

Dongjiang Environmental Co Ltd is an investment holding company principally engaged in waste treatment businesses. It operates in the following segments: Industrial waste recycling; Industrial waste treatment and disposal; Rare and precious metals recycling; Municipal waste treatment and disposal; Renewable energy utilization; Environmental engineering and services and others; as well as Household appliances dismantling.

Executives

Guang Dong Sheng Guang Cheng Zi Chan Jing Ying You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Su Hui Hong Chuang Ye Tou Zi You Xian Gong Si	2101 Beneficial owner
Jiang Su Su Hui Zi Chan Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you

Dongjiang Environmental Co (HKSE:00895) Headlines

No Headlines