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China Star Entertainment (HKSE:00326) Total Inventories : HK$3,442.6 Mil (As of Jun. 2024)


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What is China Star Entertainment Total Inventories?

China Star Entertainment's total inventories for the quarter that ended in Jun. 2024 was HK$3,442.6 Mil. China Star Entertainment's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$3,597.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Star Entertainment's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Star Entertainment's Days Inventory for the six months ended in Jun. 2024 was 4,849.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Star Entertainment's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.04.

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. China Star Entertainment's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 18.61.


China Star Entertainment Total Inventories Historical Data

The historical data trend for China Star Entertainment'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.

China Star Entertainment Total Inventories Chart

China Star Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,364.74 3,640.25 3,786.46 3,752.73 3,088.09

China Star Entertainment 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 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 3,786.46 3,761.62 3,752.73 3,442.59 3,088.09

China Star Entertainment 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.


China Star Entertainment  (HKSE:00326) 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.

China Star Entertainment's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(202.938+0.75 * 0.538+0.5 * 3442.587-2580.831
-0-0.582)/2427.850
=-0.27

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

China Star Entertainment's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=3597.6595/135.376*365 / 2
=4,849.99

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

China Star Entertainment's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=135.376 / 3597.6595
=0.04

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.

China Star Entertainment's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=3597.6595 / 193.317
=18.61

* 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.


China Star Entertainment Total Inventories Related Terms

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China Star Entertainment Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 3409 Shun Tak Centre, West Tower, Hong Kong, HKG
China Star Entertainment Ltd is an investment holding company. It operates in two segments namely Film related business operations engaged in investment, production, distribution and licensing of films and television drama series and provision of other film related services including artist management services; Property development and investment operations engaged in investment and development of properties. Majority of the revenue is derived from Film related business operations segment.
Executives
Chen Ming Yin, Tiffany
Heung Wah Keung
Heung Wah Keung Family Endowment Limited
Heung Wah Keung Family Endowment Limited

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