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State Energy Group International Assets Holdings (HKSE:00918) Total Inventories : HK$131.2 Mil (As of Sep. 2023)


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What is State Energy Group International Assets Holdings Total Inventories?

State Energy Group International Assets Holdings's total inventories for the quarter that ended in Sep. 2023 was HK$131.2 Mil. State Energy Group International Assets Holdings's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$119.9 Mil.

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

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. State Energy Group International Assets Holdings's Days Inventory for the six months ended in Sep. 2023 was 303.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. State Energy Group International Assets Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.60.

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. State Energy Group International Assets Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.30.


State Energy Group International Assets Holdings Total Inventories Historical Data

The historical data trend for State Energy Group International Assets Holdings'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.

State Energy Group International Assets Holdings Total Inventories Chart

State Energy Group International Assets Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.00 21.55 27.33 39.05 108.64

State Energy Group International Assets Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 32.24 39.05 83.86 108.64 131.18

State Energy Group International Assets Holdings 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.


State Energy Group International Assets Holdings  (HKSE:00918) 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.

State Energy Group International Assets Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(43.972+0.75 * 151.625+0.5 * 131.183-207.774
-0-0)/1114.07
=0.01

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

State Energy Group International Assets Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=119.912/72.004*365 / 2
=303.93

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

State Energy Group International Assets Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=72.004 / 119.912
=0.60

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.

State Energy Group International Assets Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=119.912 / 92.024
=1.30

* 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.


State Energy Group International Assets Holdings Total Inventories Related Terms

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State Energy Group International Assets Holdings (HKSE:00918) Business Description

Traded in Other Exchanges
N/A
Address
1 Hok Cheung Street, Unit 13, 5th Floor, Tower 1, Harbour Centre, Hung Hom, Kowloon, Hong Kong, HKG
State Energy Group International Assets Holdings Ltd is an investment holding company. It is principally engaged in the sourcing, subcontracting, marketing, and selling of outerwear garments and sportswear products, property investment, and provision of marketing services. The company's operating segment includes Garment business; Property investment and Marketing services. Revenue mainly represents the consideration of goods sold, rental income received and receivable and marketing services provided. It generates maximum revenue from the Garment business segment.
Executives
Zhang Jinbing 2101 Beneficial owner
Always Profit Development Limited 2101 Beneficial owner
Golden Bold Holdings Limited 2101 Beneficial owner
Wang Yuelai 2201 Interest of corporation controlled by you
Chong Kin Group Holdings Ltd. 2106 Person having a security interest in shares
State Energy Hk Limited 2101 Beneficial owner
Shang Hai Zhong She Gu Quan Tou Zi Ji Jin You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Guo Ming Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Liu Quan Hui 2201 Interest of corporation controlled by you
Guo Neng Shang Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Niu Fang 2201 Interest of corporation controlled by you
Hu Zhang Cui 2202 Interest of your spouse

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