Radiance Holdings (Group) Co (FRA:RDH) Total Inventories : €8,037 Mil (As of Dec. 2023)

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What is Radiance Holdings (Group) Co Total Inventories?

Radiance Holdings (Group) Co's total inventories for the quarter that ended in Dec. 2023 was €8,037 Mil. Radiance Holdings (Group) Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €9,002 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Radiance Holdings (Group) Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-2.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Radiance Holdings (Group) Co's Days Inventory for the six months ended in Dec. 2023 was 814.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Radiance Holdings (Group) Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.22.

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. Radiance Holdings (Group) Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 4.41.

Radiance Holdings (Group) Co Total Inventories Historical Data

The historical data trend for Radiance Holdings (Group) 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.

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Radiance Holdings (Group) Co Total Inventories Chart

Radiance Holdings (Group) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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11,048.85

13,071.79

14,743.57

11,990.27

8,037.02

Radiance Holdings (Group) Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial						14,743.57	14,202.48	11,990.27	9,966.75	8,037.02

Radiance Holdings (Group) 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.

Radiance Holdings (Group) Co (FRA:RDH) 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.

Radiance Holdings (Group) 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)
=	(620.492	+	0.75 * 5.068	+	0.5 * 8037.023	-	12050.235
-	0	-	1540.643)	/	4045.23
=	-2.21

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

Radiance Holdings (Group) 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
	=	9001.8875	/	2016.058	*	365 / 2
	=	814.88

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

Radiance Holdings (Group) 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 )
	=	2016.058	/	9001.8875
	=	0.22

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.

Radiance Holdings (Group) 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 )
	=	9001.8875	/	2042.005
	=	4.41

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.

Radiance Holdings (Group) Co Total Inventories Related Terms

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Radiance Holdings (Group) Co (FRA:RDH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radiance Holdings (Group) Co Ltd (FRA:RDH) » Definitions » Total Inventories

Traded in Other Exchanges

09993:Hong Kong

Address

Qiyang Road, 42nd Floor, Radiance Plaza, Wangjing, Chaoyang District, Beijing, CHN, 100029

Website

http://www.radiance.com.cn

Radiance Holdings (Group) Co Ltd is an investment holding company engaged in the development and sale of properties, property leasing, and the provision of management consulting services. The company derives a majority of its revenue from Mainland China.

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