Lung Kee Group Holdings (HKSE:00255) Total Inventories : HK$460 Mil (As of Dec. 2024)

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What is Lung Kee Group Holdings Total Inventories?

Lung Kee Group Holdings's total inventories for the quarter that ended in Dec. 2024 was HK$460 Mil. Lung Kee Group Holdings's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was HK$470 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lung Kee Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was HK$0.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lung Kee Group Holdings's Days Inventory for the six months ended in Dec. 2024 was 298.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lung Kee Group Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.61.

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. Lung Kee Group Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.61.

Lung Kee Group Holdings Total Inventories Historical Data

The historical data trend for Lung Kee Group 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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Lung Kee Group Holdings Total Inventories Chart

Lung Kee Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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577.13

604.28

606.92

530.51

460.47

Lung Kee Group Holdings 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															606.92	594.58	530.51	480.30	460.47

Lung Kee Group 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.

Lung Kee Group Holdings (HKSE:00255) 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.

Lung Kee Group Holdings'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)
=	(546.648	+	0.75 * 99.319	+	0.5 * 460.469	-	298.083
-	0	-	0)	/	631.677
=	0.88

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

Lung Kee Group Holdings'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
	=	470.382	/	287.611	*	365 / 2
	=	298.48

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

Lung Kee Group Holdings'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 )
	=	287.611	/	470.382
	=	0.61

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.

Lung Kee Group Holdings'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 )
	=	470.382	/	768.032
	=	0.61

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.

Lung Kee Group Holdings Total Inventories Related Terms

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Lung Kee Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lung Kee Group Holdings Ltd (HKSE:00255) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

No. 1 On Kwan Street, Unit A, 15th Floor, Kings Wing Plaza 2, Sha Tin, New Territories, Hong Kong, HKG

Website

https://www.lkm.com.cn

Lung Kee Group Holdings Ltd is an investment holding company that provides corporate management services. Along with its subsidiaries, it is engaged in the manufacturing and marketing of mould bases and related products. Its product offerings include standard and custom-made mould base, mould components, tool and steel products such as plastic and steel mould, hot and cold work steel, precision plates, standard mould inserts, and other materials. The company generates a majority of its revenue from the People's Republic of China and the rest from other markets like Asia, Europe, and America.

Executives

Siu Tit Lung	2103 Interests held jointly with another person
Siu Yuk Lung	2103 Interests held jointly with another person
Webb David Michael	2101 Beneficial owner

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