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China Boqi Environmental (Holding) Co (HKSE:02377) Total Inventories : HK$36 Mil (As of Dec. 2023)


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What is China Boqi Environmental (Holding) Co Total Inventories?

China Boqi Environmental (Holding) Co's total inventories for the quarter that ended in Dec. 2023 was HK$36 Mil. China Boqi Environmental (Holding) Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$37 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Boqi Environmental (Holding) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Boqi Environmental (Holding) Co's Days Inventory for the six months ended in Dec. 2023 was 6.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Boqi Environmental (Holding) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 26.51.

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 Boqi Environmental (Holding) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


China Boqi Environmental (Holding) Co Total Inventories Historical Data

The historical data trend for China Boqi Environmental (Holding) 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 Boqi Environmental (Holding) Co Total Inventories Chart

China Boqi Environmental (Holding) 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 32.18 32.82 36.18 37.00 36.24

China Boqi Environmental (Holding) Co Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 36.18 43.67 37.00 38.33 36.24

China Boqi Environmental (Holding) 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 Boqi Environmental (Holding) Co  (HKSE:02377) 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 Boqi Environmental (Holding) 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)
=(646.008+0.75 * 1292.31+0.5 * 36.24-2132.72
-0-23.475)/1005.72
=-0.52

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

China Boqi Environmental (Holding) 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
=37.285/988.249*365 / 2
=6.89

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

China Boqi Environmental (Holding) 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 )
=988.249 / 37.285
=26.51

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 Boqi Environmental (Holding) 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 )
=37.285 / 1244.188
=0.03

* 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 Boqi Environmental (Holding) Co Total Inventories Related Terms

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China Boqi Environmental (Holding) Co (HKSE:02377) Business Description

Traded in Other Exchanges
N/A
Address
No. Jia 8, Xinglongzhuang, Floor 2, Guoben Culture Building, Chaoyang District, Beijing, CHN, 100123
China Boqi Environmental (Holding) Co Ltd is an investment holding company. It operates in four segments: Environmental protection facilities, mainly including EPC, which consists of project design, procurement of equipment and materials, project construction and equipment installment, and testing services; Operation & maintenance segment comprises of operation service and regular maintenance service for desulfurization and denitrification facilities and dust removal facilities; Concession operations segment includes the construction of infrastructure or acquisition of existing infrastructure from the grantor and operation and maintenance of flue gas treatment project; and Others segment consists of the sale of by-products and others. The group primarily operates in the PRC.
Executives
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Best Dawn Limited 2101 Beneficial owner
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Zhou Xuan 2202 Interest of your spouse
Guang Fa Ji Jin Guan Li You Xian Gong Si
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