Sino Land Co (Sino Land Co) Total Inventories : $1,917 Mil (As of Dec. 2023)

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

What is Sino Land Co Total Inventories?

Sino Land Co's total inventories for the quarter that ended in Dec. 2023 was $1,917 Mil. Sino Land Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $2,005 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sino Land Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $2.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sino Land Co's Days Inventory for the six months ended in Dec. 2023 was 951.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sino Land Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.19.

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. Sino Land Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.18.

Sino Land Co Total Inventories Historical Data

The historical data trend for Sino Land 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.

Sino Land Co Total Inventories Chart

Sino Land Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

Get a 7-Day Free Trial

3,529.29

3,988.54

2,984.08

2,598.11

2,092.40

Sino Land 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															2,618.26	2,598.11	2,074.35	2,092.40	1,917.39

Sino Land 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.

Sino Land Co (OTCPK:SNLAY) 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.

Sino Land 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)
=	(5496.605	+	0.75 * 33.205	+	0.5 * 1917.386	-	1772.275
-	0	-	93.296)	/	1706.29
=	2.70

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

Sino Land 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
	=	2004.893	/	384.345	*	365 / 2
	=	951.99

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

Sino Land 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 )
	=	384.345	/	2004.893
	=	0.19

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.

Sino Land 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 )
	=	2004.893	/	630.337
	=	3.18

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.

Sino Land Co Total Inventories Related Terms

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

Sino Land Co (Sino Land Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino Land Co Ltd (OTCPK:SNLAY) » Definitions » Total Inventories

Traded in Other Exchanges

SNLAF:USA 00083:Hong Kong SNO:Germany

Address

Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.sino.com

Sino Land Co Ltd is a property developer mainly engaged in residential development in Hong Kong. It also holds a portfolio of investment properties in the city, mostly commercial properties adjoining the housing projects it built in the past. Many of its residential projects were developed in joint ventures with government-related entities such as MTR and Urban Renewal Authority. Rental income and property development account for the majority of the earnings, mainly derived from Hong Kong. Hotel and other segments account for the remaining of the earnings. The company is 55% owned by Tsim Sha Tsui Properties, an entity controlled by the estate of the late Mr. Ng Teng Fong, the company's founder.

Sino Land Co (Sino Land Co) Headlines

From GuruFocus

BDx to Develop a New 16MW Data Center in Hong Kong's Emerging Kwai Chung District

By PRNewswire PRNewswire • 02-02-2023

Sino Land Co Ltd's Dividend Analysis

By GuruFocus Research • 10-26-2023