China Titans Energy Technology Group Co (HKSE:02188) Total Inventories : HK$210.1 Mil (As of Dec. 2023)

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What is China Titans Energy Technology Group Co Total Inventories?

China Titans Energy Technology Group Co's total inventories for the quarter that ended in Dec. 2023 was HK$210.1 Mil. China Titans Energy Technology Group Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$217.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Titans Energy Technology Group Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Titans Energy Technology Group Co's Days Inventory for the six months ended in Dec. 2023 was 207.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Titans Energy Technology Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.88.

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 Titans Energy Technology Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.84.

China Titans Energy Technology Group Co Total Inventories Historical Data

The historical data trend for China Titans Energy Technology 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.

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China Titans Energy Technology Group Co Total Inventories Chart

China Titans Energy Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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89.95

126.70

159.71

198.18

210.11

China Titans Energy Technology Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															159.71	184.39	198.18	224.84	210.11

China Titans Energy Technology 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.

China Titans Energy Technology Group Co (HKSE:02188) 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 Titans Energy Technology 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)
=	(240.382	+	0.75 * 335.367	+	0.5 * 210.114	-	503.368
-	0	-	10.094)	/	1492.03
=	0.06

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

China Titans Energy Technology Group Co'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
	=	217.4765	/	191.566	*	365 / 2
	=	207.18

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

China Titans Energy Technology 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 )
	=	191.566	/	217.4765
	=	0.88

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 Titans Energy Technology 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 )
	=	217.4765	/	257.46
	=	0.84

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 Titans Energy Technology Group Co Total Inventories Related Terms

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China Titans Energy Technology Group Co (HKSE:02188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Titans Energy Technology Group Co Ltd (HKSE:02188) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

No. 60 Shihua Road West, Titans Science and Technology Park, Guangdong Province, Zhuhai, CHN, 519015

Website

https://www.titans.com.cn

China Titans Energy Technology Group Co Ltd is engaged in the supply of power electric products and equipment, the sales and leases of electric vehicles, the provision of charging services for electric vehicles, and construction services of charging poles for electric vehicles under Build-Operate-Transfer (BOT) arrangements. Its reporting segments are DC Power System; Charging Equipment; and Charging Services and Construction. The company generates majority of its revenue from the Charging Equipment segment. Its Charging Equipment segment is engaged in the manufacturing and sales of charging equipment for electric vehicles. Geographically, it operates in the PRC.

Executives

Li Xin Qing	2101 Beneficial owner
Zeng Zhen	2202 Interest of your spouse
An Wei	2101 Beneficial owner
Yan Kai	2202 Interest of your spouse
Li Xiao Bin	2101 Beneficial owner
Zhang Lina	2202 Interest of your spouse
Genius Mind Enterprises Limited
Great Passion International Limited
Honor Boom Investments Limited
Tang Shan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Lu Chuping	2201 Interest of corporation controlled by you
Zhong Shan Da Yang Dian Ji Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Da Yang Dian Ji Xiang Gang You Xian Gong Si	2101 Beneficial owner

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