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Asia Energy logistics Group (HKSE:00351) Total Inventories : HK$0.0 Mil (As of Dec. 2023)


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What is Asia Energy logistics Group Total Inventories?

Asia Energy logistics Group's total inventories for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Asia Energy logistics Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Asia Energy logistics Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asia Energy logistics Group's Days Inventory for the six 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. Asia Energy logistics Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Asia Energy logistics Group Total Inventories Historical Data

The historical data trend for Asia Energy logistics Group'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.

Asia Energy logistics Group Total Inventories Chart

Asia Energy logistics Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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Asia Energy logistics Group Semi-Annual Data
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Asia Energy logistics Group 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.


Asia Energy logistics Group  (HKSE:00351) 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.

Asia Energy logistics Group'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)
=(49.935+0.75 * 2.921+0.5 * 0-26.874
-0-1.196)/1994.98
=0.01

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

Asia Energy logistics Group'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
=0/41.058*365 / 2
=0.00

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

Asia Energy logistics Group'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 )
=41.058 / 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.

Asia Energy logistics Group'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 / 65.556
=0.00

* 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.


Asia Energy logistics Group Total Inventories Related Terms

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Asia Energy logistics Group (HKSE:00351) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, China Resources Building, Room 2906, 29 Floor, Wanchai, Hong Kong, HKG
Asia Energy logistics Group Ltd operates through the Telecommunication related business and Shipping and logistics segments. The Shipping and logistics segment which generates the majority of the revenue focuses on investment in owning and operating vessels, coal shipment logistics services, acquisition, management, and operation of terminals, as well as related logistics operations.
Executives
Pang Yuet 2101 Beneficial owner
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Vms Investment Group Limited 2101 Beneficial owner
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Wong Kin Ting 2101 Beneficial owner

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