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Texhong International Group (FRA:T1TA) Total Inventories : €630 Mil (As of Dec. 2024)


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What is Texhong International Group Total Inventories?

Texhong International Group's total inventories for the quarter that ended in Dec. 2024 was €630 Mil. Texhong International Group's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was €656 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Texhong International Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-0.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Texhong International Group's Days Inventory for the six months ended in Dec. 2024 was 87.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Texhong International Group's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.08.

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. Texhong International Group's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.42.


Texhong International Group Total Inventories Historical Data

The historical data trend for Texhong International 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.

* Premium members only.

Texhong International Group Total Inventories Chart

Texhong International Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 505.87 1,026.38 1,073.88 726.92 630.22

Texhong International Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,073.88 878.69 726.92 681.75 630.22

Texhong International 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.


Texhong International Group  (FRA:T1TA) 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.

Texhong International Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(427.074+0.75 * 155.954+0.5 * 630.215-1422.582
-0-65.853)/918.000
=-0.69

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

Texhong International Group's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=655.9845/1364.375*365 / 2
=87.75

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

Texhong International Group's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=1364.375 / 655.9845
=2.08

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.

Texhong International Group's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=655.9845 / 1545.889
=0.42

* 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.


Texhong International Group Total Inventories Related Terms

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Texhong International Group Business Description

Traded in Other Exchanges
Address
9 Hoi Shing Road, Room 03, 37th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
Texhong International Group Ltd produces and distributes yarns, grey fabrics, non-woven fabrics and garment fabrics as well as garments. The company generates majority of its revenue from yarn products, with the rest from fabrics and garments. The company operates mainly operates its business in China, Southeast Asia and the Americas.

Texhong International Group Headlines

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