CIMC Vehicles (Group) Co (HKSE:01839) Total Inventories : HK$5,607 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is CIMC Vehicles (Group) Co Total Inventories?

CIMC Vehicles (Group) Co's total inventories for the quarter that ended in Dec. 2023 was HK$5,607 Mil. CIMC Vehicles (Group) Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was HK$5,593 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CIMC Vehicles (Group) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CIMC Vehicles (Group) Co's Days Inventory for the three months ended in Dec. 2023 was 105.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. CIMC Vehicles (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.87.

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. CIMC Vehicles (Group) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.93.

CIMC Vehicles (Group) Co Total Inventories Historical Data

The historical data trend for CIMC Vehicles (Group) 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.

CIMC Vehicles (Group) Co Total Inventories Chart

CIMC Vehicles (Group) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

4,261.20

4,497.07

6,047.88

6,158.42

5,607.27

CIMC Vehicles (Group) Co Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial												6,158.42	6,043.98	5,579.47	5,607.27	-

CIMC Vehicles (Group) 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.

CIMC Vehicles (Group) Co (HKSE:01839) 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.

CIMC Vehicles (Group) 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)
=	(6574.151	+	0.75 * 4021.083	+	0.5 * 5607.265	-	9177.608
-	0	-	698.088)	/	2017.6
=	1.25

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

CIMC Vehicles (Group) 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
	=	5593.3685	/	4857.845	*	365 / 4
	=	105.07

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

CIMC Vehicles (Group) 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 )
	=	4857.845	/	5593.3685
	=	0.87

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.

CIMC Vehicles (Group) 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 )
	=	5593.3685	/	6035.856
	=	0.93

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.

CIMC Vehicles (Group) Co Total Inventories Related Terms

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

CIMC Vehicles (Group) Co (HKSE:01839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CIMC Vehicles (Group) Co Ltd (HKSE:01839) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

301039:China

Address

No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN, 518067

Website

https://www.cimcvehiclesgroup.com

CIMC Vehicles (Group) Co Ltd is engaged in the manufacturing and sale of semi-trailers and truck bodies for specialty vehicles. The semi-trailers mainly include the following product lines, Container chassis trailers, Flatbed trailers & relevant derivative types, Curtain-side trailers, Van trailers, Refrigerated trailers, Tank trailers, and other special types of trailers. The truck body products include dump beds for dump trucks, mixers for mixer trucks, and a wide range of other truck bodies for specialty vehicles. Geographically, it operates in China, North America, Europe, and Other regions, out of which the majority is from China.

Executives

Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
China International Marine Containers (hong Kong) Limited	2101 Beneficial owner
Zhong Guo Guo Ji Hai Yun Ji Zhuang Xiang Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Xicheng	2201 Interest of corporation controlled by you
Shan Dong Ling Long Lun Tai Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Ling Long Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xiang Gang Tian Cheng Tou Zi Mao Yi You Xian Gong Si	2101 Beneficial owner

CIMC Vehicles (Group) Co (HKSE:01839) Headlines

No Headlines