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Tsim Sha Tsui Properties (HKSE:00247) Total Inventories : HK$15,070 Mil (As of Dec. 2023)


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What is Tsim Sha Tsui Properties Total Inventories?

Tsim Sha Tsui Properties's total inventories for the quarter that ended in Dec. 2023 was HK$15,070 Mil. Tsim Sha Tsui Properties's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$15,777 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tsim Sha Tsui Properties's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-16.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tsim Sha Tsui Properties's Days Inventory for the six months ended in Dec. 2023 was 950.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tsim Sha Tsui Properties'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. Tsim Sha Tsui Properties's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.19.


Tsim Sha Tsui Properties Total Inventories Historical Data

The historical data trend for Tsim Sha Tsui Properties'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.

Tsim Sha Tsui Properties Total Inventories Chart

Tsim Sha Tsui Properties Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27,713.44 31,001.60 23,254.63 20,481.14 16,483.25

Tsim Sha Tsui Properties 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 20,513.38 20,481.14 16,243.91 16,483.25 15,070.05

Tsim Sha Tsui Properties 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.


Tsim Sha Tsui Properties  (HKSE:00247) 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.

Tsim Sha Tsui Properties'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)
=(43840.911+0.75 * 262.872+0.5 * 15070.052-14789.921
-0-72398.836)/2104.9
=-16.92

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

Tsim Sha Tsui Properties'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
=15776.649/3027.866*365 / 2
=950.91

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

Tsim Sha Tsui Properties'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 )
=3027.866 / 15776.649
=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.

Tsim Sha Tsui Properties'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 )
=15776.649 / 4948.752
=3.19

* 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.


Tsim Sha Tsui Properties Total Inventories Related Terms

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Tsim Sha Tsui Properties (HKSE:00247) Business Description

Traded in Other Exchanges
N/A
Address
Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Tsim Sha Tsui Properties Ltd is in the business of developing properties for sale and investment. The firm's portfolio consists of residential properties, offices, industrial buildings, and Shopping malls. It also provides property services such as property management, car park management, cleaning, environmental services, security services, etc. The company has Property sales, property rental, Property management, and Other services, Hotel operations, Investments in securities, and Financing operating segments. It generates maximum revenue from the Property sales segment.
Executives
Ng Chee Siong 2304 Executor or administrator
Fanlight Investment Limited 2101 Beneficial owner
Ng Chee Tat, Philip 2304 Executor or administrator
Tamworth Investment Limited 2101 Beneficial owner

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