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Computime Group (HKSE:00320) Total Inventories : HK$824 Mil (As of Mar. 2024)


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What is Computime Group Total Inventories?

Computime Group's total inventories for the quarter that ended in Mar. 2024 was HK$824 Mil. Computime Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was HK$875 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Computime Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was HK$-0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Computime Group's Days Inventory for the six months ended in Mar. 2024 was 95.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Computime Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.91.

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. Computime Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.


Computime Group Total Inventories Historical Data

The historical data trend for Computime Group'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.

Computime Group Total Inventories Chart

Computime Group 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 718.68 739.22 935.88 969.47 823.98

Computime Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 935.88 1,118.09 969.47 925.68 823.98

Computime Group 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.


Computime Group  (HKSE:00320) 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.

Computime Group'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)
=(210.824+0.75 * 509.376+0.5 * 823.976-1236.491
-0-3.699)/842.54
=-0.28

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

Computime Group'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
=874.83/1667.311*365 / 2
=95.76

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

Computime Group'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 )
=1667.311 / 874.83
=1.91

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.

Computime Group'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 )
=874.83 / 1990.97
=0.44

* 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.


Computime Group Total Inventories Related Terms

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Computime Group Business Description

Traded in Other Exchanges
N/A
Address
20 Science Park East Avenue, 6th Floor, Building 20E, Phase 3, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Computime Group Ltd is engaged in research and development, design, manufacture, trading, and distribution of electronic control products. The company operates in business segments that include the Control Solutions Business provides design, engineering, technology, and manufacturing services, including Original Equipment Manufacturer (OEM) and Original Design Manufacturer; and the Branded Business segment, which offers smart home, energy management, and home solutions to professional installers, property developers, utility companies, and wholesaler. The company generates a vast majority of its revenue from the Control solutions segment. Geographically, the operations are spread throughout America, Europe, Oceania, and Asia.
Executives
Heung Lap Chi Eugene 2101 Beneficial owner
Leung Yee Li Lana 2202 Interest of your spouse
Yeoman 3-rights Value Asia Fund Vcc 2101 Beneficial owner
Lim Mee Hwa 2201 Interest of corporation controlled by you
Yeo Seng Chong 2201 Interest of corporation controlled by you
Yeoman Capital Management Pte Ltd 2201 Interest of corporation controlled by you
Auyang Ho
Tse Shuk Ming

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