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Hongkong Chinese (FRA:HKC) Total Inventories : €10.29 Mil (As of Dec. 2023)


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What is Hongkong Chinese Total Inventories?

Hongkong Chinese's total inventories for the quarter that ended in Dec. 2023 was €10.29 Mil. Hongkong Chinese's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €10.29 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hongkong Chinese's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hongkong Chinese's Days Inventory for the six months ended in Dec. 2023 was 18,588.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hongkong Chinese's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.01.

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. Hongkong Chinese's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.31.


Hongkong Chinese Total Inventories Historical Data

The historical data trend for Hongkong Chinese'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.

Hongkong Chinese Total Inventories Chart

Hongkong Chinese Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.96 12.93 11.14 11.02 10.29

Hongkong Chinese Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.14 11.05 11.02 10.28 10.29

Hongkong Chinese 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.


Hongkong Chinese  (FRA:HKC) 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.

Hongkong Chinese'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)
=(17.106+0.75 * 0.486+0.5 * 10.294-62.124
-0-1.899)/1998.28
=-0.02

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

Hongkong Chinese'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
=10.2875/0.101*365 / 2
=18,588.80

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

Hongkong Chinese'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 )
=0.101 / 10.2875
=0.01

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.

Hongkong Chinese'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 )
=10.2875 / 4.454
=2.31

* 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.


Hongkong Chinese Total Inventories Related Terms

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Hongkong Chinese (FRA:HKC) Business Description

Traded in Other Exchanges
Address
Lippo Centre, 89 Queensway, 40th Floor, Tower Two, Hong Kong, HKG
Hongkong Chinese Ltd is an investment holding company. The company's operating segments are Property Investment, which includes investments relating to the letting and resale of properties; the Property development segment is into the development and sale of properties; the Treasury investment segment includes investments in money markets; the Securities investment segment invests in securities that are held for trading and for long-term strategic purpose; and Others. Its geographical segments are Hong Kong, Mainland China, Singapore, Indonesia, and others.

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