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Yangtzekiang Garment (HKSE:00294) Total Inventories : HK$8.0 Mil (As of Mar. 2024)


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What is Yangtzekiang Garment Total Inventories?

Yangtzekiang Garment's total inventories for the quarter that ended in Mar. 2024 was HK$8.0 Mil. Yangtzekiang Garment's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was HK$16.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Yangtzekiang Garment's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was HK$1.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yangtzekiang Garment's Days Inventory for the six months ended in Mar. 2024 was 27.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yangtzekiang Garment's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.68.

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. Yangtzekiang Garment's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.


Yangtzekiang Garment Total Inventories Historical Data

The historical data trend for Yangtzekiang Garment'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.

Yangtzekiang Garment Total Inventories Chart

Yangtzekiang Garment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.25 22.14 33.75 16.32 8.03

Yangtzekiang Garment Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 35.58 16.32 25.44 8.03 19.19

Yangtzekiang Garment 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.


Yangtzekiang Garment  (HKSE:00294) 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.

Yangtzekiang Garment's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(304.504+0.75 * 40.242+0.5 * 8.03-71.271
-0-0)/206.748
=1.29

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

Yangtzekiang Garment's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=16.734/111.729*365 / 2
=27.33

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

Yangtzekiang Garment's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=111.729 / 16.734
=6.68

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.

Yangtzekiang Garment's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=16.734 / 136.149
=0.12

* 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.


Yangtzekiang Garment Total Inventories Related Terms

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Yangtzekiang Garment Business Description

Traded in Other Exchanges
N/A
Address
22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG
Yangtzekiang Garment Ltd is a Hong Kong-based company principally engaged in garment and property businesses. The company operates through three segments. Manufacture and sale of garments and textiles segment which generates revenue. This segment also covers the provision of garment processing services. Interests in the joint ventures segment are engaged in the manufacture and sales of textile yarn products through its joint ventures. The property leasing segment is engaged in the leasing of commercial and industrial properties. It generates the majority of its revenue from the European region.
Executives
Chan Wing To 2101 Beneficial owner
Chan Wing Sun 2101 Beneficial owner
Chan Wing Fui Peter 2101 Beneficial owner

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