CM Hi-Tech Cleanroom (HKSE:02115) Total Inventories : HK$52.3 Mil (As of Dec. 2023)

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What is CM Hi-Tech Cleanroom Total Inventories?

CM Hi-Tech Cleanroom's total inventories for the quarter that ended in Dec. 2023 was HK$52.3 Mil. CM Hi-Tech Cleanroom's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$52.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CM Hi-Tech Cleanroom's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CM Hi-Tech Cleanroom's Days Inventory for the six months ended in Dec. 2023 was 58.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. CM Hi-Tech Cleanroom's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.13.

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. CM Hi-Tech Cleanroom's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.23.

CM Hi-Tech Cleanroom Total Inventories Historical Data

The historical data trend for CM Hi-Tech Cleanroom'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.

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CM Hi-Tech Cleanroom Total Inventories Chart

CM Hi-Tech Cleanroom Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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10.71

24.57

39.20

45.21

52.29

CM Hi-Tech Cleanroom Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial						39.20	46.19	45.21	53.30	52.29

CM Hi-Tech Cleanroom 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.

CM Hi-Tech Cleanroom (HKSE:02115) 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.

CM Hi-Tech Cleanroom'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)
=	(146.973	+	0.75 * 84.339	+	0.5 * 52.288	-	192.654
-	0	-	0.943)	/	1400
=	0.03

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

CM Hi-Tech Cleanroom'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
	=	52.7955	/	165.213	*	365 / 2
	=	58.32

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

CM Hi-Tech Cleanroom'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 )
	=	165.213	/	52.7955
	=	3.13

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.

CM Hi-Tech Cleanroom'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 )
	=	52.7955	/	232.333
	=	0.23

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.

CM Hi-Tech Cleanroom Total Inventories Related Terms

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CM Hi-Tech Cleanroom (HKSE:02115) Business Description

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Address

Lot P.T. 14274, Jalan SU8, Persiaran Tengku Ampuan, Shah Alam, SGR, MYS, 40400

Website

https://www.channelmicron.com

CM Hi-Tech Cleanroom Ltd Formerly Channel Micron Holdings Co Ltd is a cleanroom wall and ceiling systems and cleanroom equipment provider. The company provides a range of cleanroom products and services, including the development, production and installation of cleanroom wall and ceiling systems, and cleanroom equipment such as fan filter units (which filter and regulate airflow in a cleanroom), air showers, pass boxes and HEPA filters. Its segments include Cleanroom wall and ceiling systems, which is the key revenue-generating segment; Cleanroom equipment; and others. It has a business presence in the PRC, Malaysia, the Philippines, Singapore and others. A majority of revenue is derived from the PRC.

Executives

Ng Yew Sum	2101 Beneficial owner
Bockmiller Douglas Frederick	2101 Beneficial owner
Chia Francis Mong Tet	2101 Beneficial owner
Dbs Trustee Limited	2301 Trustee
Bockmiller Lauren Lindquist	2307 Founder of a discretionary trust who can infl
Yap Fui Lee	2202 Interest of your spouse
Chia Mong Tet, Francis	2101 Beneficial owner
Yau Ah Lan	2202 Interest of your spouse

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