Hongkong Land Holdings (Hongkong Land Holdings) Total Inventories : $2,926 Mil (As of Dec. 2023)

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What is Hongkong Land Holdings Total Inventories?

Hongkong Land Holdings's total inventories for the quarter that ended in Dec. 2023 was $2,926 Mil. Hongkong Land Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $3,006 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hongkong Land Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hongkong Land Holdings's Days Inventory for the six months ended in Dec. 2023 was 788.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hongkong Land Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.23.

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 Land Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.56.

Hongkong Land Holdings Total Inventories Historical Data

The historical data trend for Hongkong Land 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.

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Hongkong Land Holdings Total Inventories Chart

Hongkong Land Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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2,042.00

1,948.80

2,970.50

2,910.70

2,926.10

Hongkong Land Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															2,970.50	3,161.10	2,910.70	3,085.10	2,926.10

Hongkong Land 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.

Hongkong Land Holdings (OTCPK:HKHGF) 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 Land 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)
=	(1195.6	+	0.75 * 374.1	+	0.5 * 2926.1	-	8780.6
-	0	-	21.9)	/	2206.62
=	-2.66

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

Hongkong Land Holdings'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
	=	3005.6	/	695.3	*	365 / 2
	=	788.90

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

Hongkong Land 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 )
	=	695.3	/	3005.6
	=	0.23

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 Land 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 )
	=	3005.6	/	1174
	=	2.56

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 Land Holdings Total Inventories Related Terms

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Hongkong Land Holdings (Hongkong Land Holdings) Business Description

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Traded in Other Exchanges

HNGKY:USA H78:Singapore HKLD:UK HLH:Germany

Address

33-35 Street, Jardine House, 4th Floor, Hamilton, BMU

Website

https://www.hkland.com

Hongkong Land is a property investor focusing on holding prime commercial assets in Hong Kong, mainland China and Singapore. It is the largest office landlord in Hong Kong's Central Business District and the second largest in Hong Kong overall. The Central portfolio includes 4.1 million square feet of office space and 0.6 million square feet of retail space. The company also holds 1.6 million square feet of office space in Singapore. The company also has property development business in mainland China, Singapore, and Southeast Asia. Hongkong Land is dual listed on the London Stock Exchange and the Singapore Exchange. Jardine Matheson Holdings owns 53% of the company.

Hongkong Land Holdings (Hongkong Land Holdings) Headlines

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