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China Unicom (Hong Kong) (HKSE:00762) Total Inventories : HK$2,425 Mil (As of Dec. 2023)


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What is China Unicom (Hong Kong) Total Inventories?

China Unicom (Hong Kong)'s total inventories for the quarter that ended in Dec. 2023 was HK$2,425 Mil. China Unicom (Hong Kong)'s average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was HK$1,212 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Unicom (Hong Kong)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-7.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Unicom (Hong Kong)'s Days Inventory for the three months ended in Dec. 2023 was 3.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Unicom (Hong Kong)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 23.99.

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. China Unicom (Hong Kong)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.


China Unicom (Hong Kong) Total Inventories Historical Data

The historical data trend for China Unicom (Hong Kong)'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.

China Unicom (Hong Kong) Total Inventories Chart

China Unicom (Hong Kong) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,624.98 2,312.78 2,260.37 2,101.66 2,424.91

China Unicom (Hong Kong) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 2,101.66 4,203.40 - 2,424.91 -

China Unicom (Hong Kong) 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.


China Unicom (Hong Kong)  (HKSE:00762) 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.

China Unicom (Hong Kong)'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)
=(91046.154+0.75 * 42320.493+0.5 * 2424.908-335957.466
-0-2651.32)/30598.000
=-7.01

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

China Unicom (Hong Kong)'s Days Inventory for the three 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
=1212.454/29090.143*365 / 4
=3.80

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

China Unicom (Hong Kong)'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 )
=29090.143 / 1212.454
=23.99

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.

China Unicom (Hong Kong)'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 )
=1212.454 / 99428.876
=0.01

* 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.


China Unicom (Hong Kong) Total Inventories Related Terms

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China Unicom (Hong Kong) (HKSE:00762) Business Description

Traded in Other Exchanges
Address
99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.

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