Fineland Living Services Group (HKSE:09978) Total Inventories : HK$0.0 Mil (As of Dec. 2023)

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What is Fineland Living Services Group Total Inventories?

Fineland Living Services Group's total inventories for the quarter that ended in Dec. 2023 was HK$0.0 Mil. Fineland Living Services 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. Fineland Living Services Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.53.

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

Fineland Living Services Group Total Inventories Historical Data

The historical data trend for Fineland Living Services 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.

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Fineland Living Services Group Total Inventories Chart

Fineland Living Services Group Annual Data

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Total Inventories

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Fineland Living Services Group 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											-	-	-	-	-

Fineland Living Services 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.

Fineland Living Services Group (HKSE:09978) 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.

Fineland Living Services 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)
=	(101.192	+	0.75 * 113.696	+	0.5 * 0	-	334.002
-	0	-	65.803)	/	400
=	-0.53

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

Fineland Living Services 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	/	190.778	*	365 / 2
	=	0.00

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

Fineland Living Services 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 )
	=	190.778	/	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.

Fineland Living Services 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	/	228.807
	=	0.00

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.

Fineland Living Services Group Total Inventories Related Terms

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Fineland Living Services Group (HKSE:09978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fineland Living Services Group Ltd (HKSE:09978) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

No. 28 Tiyu East Road, Fineland Plaza, Tianhe District, Guangzhou, CHN

Website

http://www.finelandassets.com

Fineland Living Services Group Ltd formerly Fineland Real Estate Services Group Ltd is principally engaged in the provision of comprehensive real estate agency services. The company through its operators in Guangzhou, China provides real estate agency services in both the primary and secondary property markets. It operates in the business segments of Real estate agency service which includes online property referral and agency service; Property research and consultancy service; and Integrated services.

Executives

Aspiring Vision Holdings Limited	2101 Beneficial owner
Huiyu Investment Holdings Limited	2101 Beneficial owner
Fineland Group Holdings Company Limited	2201 Interest of corporation controlled by you
Zheng Muming	2202 Interest of your spouse
Zheng Hui	2202 Interest of your spouse
Huang Peng	2103 Interests held jointly with another person
Tse Lai Wa	2103 Interests held jointly with another person
Fong Ming	2501 Other
Widethrive Investments Limited	2201 Interest of corporation controlled by you
Stand Smooth Group Limited	2201 Interest of corporation controlled by you
Mansion Green Holdings Limited	2101 Beneficial owner
Hero Dragon Management Limited	2201 Interest of corporation controlled by you
He Kangkang	2202 Interest of your spouse
Metropolitan Dawn Holdings Limited	2101 Beneficial owner
Rong Haiming	2201 Interest of corporation controlled by you

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