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China Foods Holdings (China Foods Holdings) Total Inventories : $0.05 Mil (As of Dec. 2023)


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What is China Foods Holdings Total Inventories?

China Foods Holdings's total inventories for the quarter that ended in Dec. 2023 was $0.05 Mil. China Foods Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.08 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Foods Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Foods Holdings's Days Inventory for the three months ended in Dec. 2023 was 92.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Foods Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.98.

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 Foods Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.62.


China Foods Holdings Total Inventories Historical Data

The historical data trend for China Foods 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.

China Foods Holdings Total Inventories Chart

China Foods Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.21 0.33 0.14 0.05

China Foods Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.13 0.12 0.12 0.05

China Foods 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.


China Foods Holdings  (OTCPK:CFOO) 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 Foods Holdings'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)
=(0.175+0.75 * 0.039+0.5 * 0.048-0.756
-0-0)/20.2523
=-0.03

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

China Foods Holdings'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
=0.0835/0.082*365 / 4
=92.92

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

China Foods Holdings'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 )
=0.082 / 0.0835
=0.98

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 Foods Holdings'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 )
=0.0835 / 0.134
=0.62

* 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 Foods Holdings Total Inventories Related Terms

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China Foods Holdings (China Foods Holdings) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 2301A, China Resources Building, Wanchai, Hong Kong, HKG
Website
China Foods Holdings Ltd is a healthcare product distributing and marketing industry, developing and distributing health related products, including supplements, across the globe with a focus on mainland China, Europe and Australia. Its health products are designed to help enhance immunity and improve general wellbeing. The company has two segments; the Healthcare segment and the Wine segment. The healthcare segment mainly provides health consulting advisory services and healthcare and wellness products, such as Nutrition Catering, Special Health Food, Health supplements, and Skincare. The wine segment involves the sale of wine products. The majority of the company's revenue is generated from the Healthcare segment.
Executives
Xiao Jun Kong director, 10 percent owner, officer: CEO and CFO SHUI ON CENTRE, 6-8 HARBOUR RD. UNIT 906 9/F WANCHAI K3 0000
Cheng-ni Hu director 28 MACHANG ROAD TIANHE DISTRICT GUANGZHOU F4 510000
Yang Liu director EVERBRITE CENTRE SUITE 3102 108 GLOUCESTER ROAD HONG KONG K3 00000
Yunsi Liu director, officer: President EVERBRITE CENTRE SUITE 3102 108 GLOUCESTER ROAD HONG KONG K3 00000
Hy (hk) Financial Investments Co., Ltd. 10 percent owner SHUI ON CENTRE, 6-8 HARBOUR RD. UNIT 906 9/F WANCHAI K3 0000
Sean Escobar director, officer: Vice President 10344 SOUTH SILVER WILLOW DRIVE SANDY UT 84070
Anthony B Escobar director, 10 percent owner, officer: President PO BOX 2017 SANDY UT 84091-2017
Anthony P Coletti director, officer: Chief Accounting Officer 3032 WEST HARPER PEAK COURT SOUTH JORDAN UT 84095

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