GR Life Style Co (HKSE:00108) Total Inventories : HK$0.9 Mil (As of Dec. 2023)

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What is GR Life Style Co Total Inventories?

GR Life Style Co's total inventories for the quarter that ended in Dec. 2023 was HK$0.9 Mil. GR Life Style Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$0.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GR Life Style Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GR Life Style Co's Days Inventory for the six months ended in Dec. 2023 was 3.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. GR Life Style Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 57.66.

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. GR Life Style Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

GR Life Style Co Total Inventories Historical Data

The historical data trend for GR Life Style 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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GR Life Style Co Total Inventories Chart

GR Life Style Co Annual Data

Trend

Jan14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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2.24

2.21

1.15

0.86

0.91

GR Life Style Co Semi-Annual Data
	Jul13	Jan14	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															1.15	0.88	0.86	0.86	0.91

GR Life Style 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.

GR Life Style Co (HKSE:00108) 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.

GR Life Style 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)
=	(316.817	+	0.75 * 154.163	+	0.5 * 0.914	-	3310.331
-	0	-	0)	/	3199.37
=	-0.90

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

GR Life Style 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
	=	0.8845	/	51.002	*	365 / 2
	=	3.16

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

GR Life Style 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 )
	=	51.002	/	0.8845
	=	57.66

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.

GR Life Style 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 )
	=	0.8845	/	183.133
	=	0.00

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.

GR Life Style Co Total Inventories Related Terms

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GR Life Style Co (HKSE:00108) Business Description

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Address

No. 89 Queensway, Unit 3505, Tower One, Lippo Centre, Hong Kong, HKG

Website

http://www.grproperties.com.hk

GR Life Style Co Ltd Formerly GR Properties Ltd is a Hong Kong-based investment holding company engaged in property businesses. It operates through the segments of property development and investment segment engages in property development and investment in the UK, the USA, and Mainland China; and the property management segment, which is the key revenue driver, engages in the provision of property management services for office buildings, residential properties and car parks in Mainland China.

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