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Cafe de Coral Holdings's total inventories for the quarter that ended in Mar. 2024 was HK$230 Mil. Cafe de Coral Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was HK$258 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cafe de Coral Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was HK$-3.73.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cafe de Coral Holdings's Days Inventory for the six months ended in Mar. 2024 was 12.03.
Inventory Turnover measures how fast the company turns over its inventory within a year. Cafe de Coral Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.17.
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. Cafe de Coral Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.
The historical data trend for Cafe de Coral 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.
Cafe de Coral Holdings Annual Data | |||||||||||||||||||||
Trend | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | Mar24 | |||||||||||
Total Inventories | Get a 7-Day Free Trial | 260.63 | 234.92 | 303.54 | 268.24 | 230.29 |
Cafe de Coral Holdings 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 | 297.55 | 268.24 | 284.88 | 230.29 | 248.36 |
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.
Cafe de Coral Holdings (HKSE:00341) 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.
Cafe de Coral Holdings'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) | ||
= | (1260.948 | + | 0.75 * 89.43 | + | 0.5 * 230.288 | - | 3603.411 |
- | 0 | - | 10.665) | / | 581.638 | ||
= | -3.73 |
2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cafe de Coral Holdings'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 |
= | 257.5835 | / | 3907.933 | * | 365 / 2 | |
= | 12.03 |
3. Inventory Turnover measures how fast the company turns over its inventory within a year.
Cafe de Coral Holdings'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 ) |
= | 3907.933 | / | 257.5835 | |
= | 15.17 |
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.
Cafe de Coral Holdings'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 ) |
= | 257.5835 | / | 4372.825 | |
= | 0.06 |
* 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.
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