Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Total Inventories : $0 Mil (As of Dec. 2023)

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What is Hong Kong Exchanges and Clearing Total Inventories?

Hong Kong Exchanges and Clearing's total inventories for the quarter that ended in Dec. 2023 was $0 Mil. Hong Kong Exchanges and Clearing's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hong Kong Exchanges and Clearing's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hong Kong Exchanges and Clearing's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

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. Hong Kong Exchanges and Clearing's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Hong Kong Exchanges and Clearing Total Inventories Historical Data

The historical data trend for Hong Kong Exchanges and Clearing'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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Hong Kong Exchanges and Clearing Total Inventories Chart

Hong Kong Exchanges and Clearing Annual Data

Trend

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Total Inventories

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Hong Kong Exchanges and Clearing Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Hong Kong Exchanges and Clearing 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.

Hong Kong Exchanges and Clearing (OTCPK:HKXCY) 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.

Hong Kong Exchanges and Clearing'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)
=	(28771.287	+	0.75 * 4265.538	+	0.5 * 0	-	37053.83
-	0	-	57.876)	/	1267.84
=	-4.06

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

Hong Kong Exchanges and Clearing'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
	=	0	/	82.973	*	365 / 4
	=	0.00

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

Hong Kong Exchanges and Clearing'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 )
	=	82.973	/	0
	=	N/A

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.

Hong Kong Exchanges and Clearing'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 )
	=	0	/	480.166
	=	0.00

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.

Hong Kong Exchanges and Clearing Total Inventories Related Terms

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Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hong Kong Exchanges and Clearing Ltd (OTCPK:HKXCY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

HKXCF:USA 00388:Hong Kong HK2C:Germany

Address

8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG

Website

https://www.hkexgroup.com

Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.