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Crocodile Garments (HKSE:00122) Total Inventories : HK$18.51 Mil (As of Jan. 2024)


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What is Crocodile Garments Total Inventories?

Crocodile Garments's total inventories for the quarter that ended in Jan. 2024 was HK$18.51 Mil. Crocodile Garments's average total inventories from the quarter that ended in Jul. 2023 to the quarter that ended in Jan. 2024 was HK$16.52 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Crocodile Garments's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was HK$-0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Crocodile Garments's Days Inventory for the six months ended in Jan. 2024 was 340.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crocodile Garments's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.54.

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. Crocodile Garments's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.34.


Crocodile Garments Total Inventories Historical Data

The historical data trend for Crocodile Garments'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.

Crocodile Garments Total Inventories Chart

Crocodile Garments Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.44 49.12 29.13 12.48 14.54

Crocodile Garments Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 14.98 12.48 12.25 14.54 18.51

Crocodile Garments 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.


Crocodile Garments  (HKSE:00122) 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.

Crocodile Garments's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(312.546+0.75 * 3.662+0.5 * 18.507-840.322
-0-0)/1421.32
=-0.36

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

Crocodile Garments's Days Inventory for the six months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=16.522/8.852*365 / 2
=340.63

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

Crocodile Garments's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=8.852 / 16.522
=0.54

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.

Crocodile Garments's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=16.522 / 48.916
=0.34

* 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.


Crocodile Garments Total Inventories Related Terms

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Crocodile Garments (HKSE:00122) Business Description

Traded in Other Exchanges
N/A
Address
25th Floor, 79 Hoi Yuen Road, Crocodile Center, Kwun Tong, Kowloon, Hong Kong, HKG
Crocodile Garments Ltd is a Hong Kong-based company engaged in the sale of garments. The firm operates in three reportable segments including Garment and related accessories business, Property investment and letting business and Treasury management. Its products include men's, women's children's clothing, ties, underwear, bags and wallets, belts and shoes. The company generates the majority of the revenue from property investment and letting business.
Executives
Lam Howard 2201 Interest of corporation controlled by you
Lam Wai Shan, Vanessa 2101 Beneficial owner
Honorman Limited 2201 Interest of corporation controlled by you
Rich Promise Limited 2101 Beneficial owner
Lam Kin Ming 2101 Beneficial owner

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