GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Kangda International Environmental Co Ltd (HKSE:06136) » Definitions » Total Inventories

Kangda International Environmental Co (HKSE:06136) Total Inventories : HK$20 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Kangda International Environmental Co Total Inventories?

Kangda International Environmental Co's total inventories for the quarter that ended in Dec. 2023 was HK$20 Mil. Kangda International Environmental Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$21 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kangda International Environmental Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-5.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kangda International Environmental Co's Days Inventory for the six months ended in Dec. 2023 was 5.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kangda International Environmental Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 31.41.

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. Kangda International Environmental Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.


Kangda International Environmental Co Total Inventories Historical Data

The historical data trend for Kangda International 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.

Kangda International Environmental Co Total Inventories Chart

Kangda International Environmental 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 15.06 17.59 20.91 19.52 19.79

Kangda International Environmental 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 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 Premium Member Only Premium Member Only Premium Member Only 20.91 20.95 19.52 21.45 19.79

Kangda International 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.


Kangda International Environmental Co  (HKSE:06136) 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.

Kangda International 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)
=(651.197+0.75 * 3071.892+0.5 * 19.789-14631.841
-0-151.207)/2139.74
=-5.52

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

Kangda International Environmental 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
=20.618/647.66*365 / 2
=5.81

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

Kangda International 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 )
=647.66 / 20.618
=31.41

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.

Kangda International 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 )
=20.618 / 1228.641
=0.02

* 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.


Kangda International Environmental Co Total Inventories Related Terms

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


Kangda International Environmental Co (HKSE:06136) Business Description

Traded in Other Exchanges
N/A
Address
No. 72, Avenue of Stars, High-Tech Park, North New Zone, Chongqing, CHN
Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment. Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.
Executives
Bpea Eqt Holdings Ab 2201 Interest of corporation controlled by you
Eqt Ab 2201 Interest of corporation controlled by you
Salata Jean Eric 2201 Interest of corporation controlled by you
Zhao Juanxian (alias, Junxian) 2401 A concert party to an agreement to buy shares
Zhao Sizhen 2201 Interest of corporation controlled by you
Kangda Holdings Company Limited 2101 Beneficial owner
China Water Affairs Group Limited 2201 Interest of corporation controlled by you
Sharp Profit Investments Limited 2101 Beneficial owner
Baring Private Equity Asia Gp V Limited
Baring Private Equity Asia Gp V, L.p.
Baring Private Equity Asia V Holding (5) Limited
The Baring Asia Private Equity Fund V, L.p.

Kangda International Environmental Co (HKSE:06136) Headlines

No Headlines