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Capital Estate (HKSE:00193) Total Inventories : HK$36.62 Mil (As of Jan. 2024)


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What is Capital Estate Total Inventories?

Capital Estate's total inventories for the quarter that ended in Jan. 2024 was HK$36.62 Mil. Capital Estate's average total inventories from the quarter that ended in Jul. 2023 to the quarter that ended in Jan. 2024 was HK$38.17 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Capital Estate's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was HK$1.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Capital Estate's Days Inventory for the six months ended in Jan. 2024 was 1,453.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Capital Estate's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.13.

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. Capital Estate's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.53.


Capital Estate Total Inventories Historical Data

The historical data trend for Capital Estate'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.

Capital Estate Total Inventories Chart

Capital Estate Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.39 130.02 79.67 43.07 39.72

Capital Estate Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 52.79 43.07 42.33 39.72 36.62

Capital Estate 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.


Capital Estate  (HKSE:00193) 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.

Capital Estate's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(269.508+0.75 * 89.056+0.5 * 36.618-35.275
-0--55.623)/194.338
=1.93

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

Capital Estate's Days Inventory for the six months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=38.1705/4.794*365 / 2
=1,453.09

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

Capital Estate's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=4.794 / 38.1705
=0.13

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.

Capital Estate's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=38.1705 / 24.881
=1.53

* 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.


Capital Estate Total Inventories Related Terms

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Capital Estate (HKSE:00193) Business Description

Traded in Other Exchanges
N/A
Address
13th Floor, Bonham Majoris, 40 Bonham Strand, Sheung Wan, Hong Kong, HKG
Capital Estate Ltd is a Hong Kong-based investment holding company. The company operates through three segments: Hotel Operations which is engaged in hotel businesses and the provision of related services; Financial Investment segment which is involved in the trading of listed securities and other financial instruments; Property segment which engages in leasing and sales of properties and Consumer finance which involves provision of consumer finance service. The majority of its revenue is derived from the Financial Investment. Geographically, it generates maximum revenue from Mainland China.
Executives
Nichrome Limited 2101 Beneficial owner
Sio Lai Na 2201 Interest of corporation controlled by you
Supervalue Holdings Limited 2101 Beneficial owner
Chu Nin Yiu, Stephen 2201 Interest of corporation controlled by you
Ae Majoris Global Investment Limited 2101 Beneficial owner
Lao Im Ha 2202 Interest of your spouse
Sio Tak Hong 2101 Beneficial owner
Tsui Wing Tak 2201 Interest of corporation controlled by you

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