GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ping An Healthcare And Technology Co Ltd (HKSE:01833) » Definitions » Total Inventories

Ping An Healthcare And Technology Co (HKSE:01833) Total Inventories : HK$217 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Ping An Healthcare And Technology Co Total Inventories?

Ping An Healthcare And Technology Co's total inventories for the quarter that ended in Dec. 2023 was HK$217 Mil. Ping An Healthcare And Technology Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$197 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ping An Healthcare And Technology Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$8.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ping An Healthcare And Technology Co's Days Inventory for the six months ended in Dec. 2023 was 19.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ping An Healthcare And Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.18.

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. Ping An Healthcare And Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.


Ping An Healthcare And Technology Co Total Inventories Historical Data

The historical data trend for Ping An Healthcare And Technology 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.

Ping An Healthcare And Technology Co Total Inventories Chart

Ping An Healthcare And Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 83.20 190.22 487.43 274.78 217.20

Ping An Healthcare And Technology Co Semi-Annual Data
Dec15 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 487.43 121.46 274.78 177.80 217.20

Ping An Healthcare And Technology 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.


Ping An Healthcare And Technology Co  (HKSE:01833) 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.

Ping An Healthcare And Technology 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)
=(12410.567+0.75 * 1302.026+0.5 * 217.197-3558.123
-0--18.205)/1118.81
=8.90

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

Ping An Healthcare And Technology 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
=197.4965/1813.741*365 / 2
=19.87

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

Ping An Healthcare And Technology 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 )
=1813.741 / 197.4965
=9.18

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.

Ping An Healthcare And Technology 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 )
=197.4965 / 2681.273
=0.07

* 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.


Ping An Healthcare And Technology Co Total Inventories Related Terms

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


Ping An Healthcare And Technology Co (HKSE:01833) Business Description

Traded in Other Exchanges
Address
No. 166, Kaibin Road, Shanghai Ping An Building, 17th-19th Floor, Block B, Shanghai, CHN
Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of a health maintenance organization, or HMO, model that provides commercial healthcare services and offers healthcare checkup, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers online consultations and prescription e-commerce online to individuals. The platform has 978 corporate clients and 43 million paying users. PAGD is 38.43% owned by its parent company.
Executives
Sounda Properties Limited 2201 Interest of corporation controlled by you
Hopson Development Holdings Limited 2201 Interest of corporation controlled by you
Chu Mang Yee 2201 Interest of corporation controlled by you
Hsbc Holdings Plc 2302 Custodian
Morgan Stanley 2201 Interest of corporation controlled by you
Dou Wenwei 2201 Interest of corporation controlled by you
Wang Wenjun 2201 Interest of corporation controlled by you
Bang Qi Jian You Xian Gong Si 2101 Beneficial owner
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
An Ke Ji Shu You Xian Gong Si 2201 Interest of corporation controlled by you
An Xin You Xian Gong Si 2101 Beneficial owner

Ping An Healthcare And Technology Co (HKSE:01833) Headlines

No Headlines