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Huayi Tencent Entertainment Co (HKSE:00419) Total Inventories : HK$4 Mil (As of Dec. 2023)


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What is Huayi Tencent Entertainment Co Total Inventories?

Huayi Tencent Entertainment Co's total inventories for the quarter that ended in Dec. 2023 was HK$4 Mil. Huayi Tencent Entertainment Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Huayi Tencent Entertainment Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Huayi Tencent Entertainment Co's Days Inventory for the six months ended in Dec. 2023 was 1.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huayi Tencent Entertainment Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 95.58.

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. Huayi Tencent Entertainment Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.


Huayi Tencent Entertainment Co Total Inventories Historical Data

The historical data trend for Huayi Tencent Entertainment Co'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.

Huayi Tencent Entertainment Co Total Inventories Chart

Huayi Tencent Entertainment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.27 4.83 4.33

Huayi Tencent Entertainment Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.27 4.98 4.83 5.77 4.33

Huayi Tencent Entertainment Co 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.


Huayi Tencent Entertainment Co  (HKSE:00419) 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.

Huayi Tencent Entertainment Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(32.086+0.75 * 96.436+0.5 * 4.332-303.499
-0--67.4)/13585.3
=-0.01

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

Huayi Tencent Entertainment Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=5.0515/482.815*365 / 2
=1.91

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

Huayi Tencent Entertainment Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=482.815 / 5.0515
=95.58

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.

Huayi Tencent Entertainment Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=5.0515 / 656.369
=0.01

* 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.


Huayi Tencent Entertainment Co Total Inventories Related Terms

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Huayi Tencent Entertainment Co (HKSE:00419) Business Description

Traded in Other Exchanges
Address
89 Queensway, Suite 908, 9th Floor, Tower Two, Lippo Centre, Hong Kong, HKG
Huayi Tencent Entertainment Co Ltd is a new media company integrating culture and entertainment. The business activities of the group function through Echartnow, Meerkat Health, Entertainment & Media, and Healthcare & Wellness Services. Echartnow segment includes Online prescription, circulation, and marketing of pharmaceutical products. Meerkat Health segment includes an Internet healthcare management platform. Its geographical segments include China, Hong Kong, and Other countries.
Executives
Zhao John Huan 2201 Interest of corporation controlled by you
Exponential Fortune Group Limited 2201 Interest of corporation controlled by you
Hony Capital Group, L.p. 2201 Interest of corporation controlled by you
Hony Group Management Limited 2201 Interest of corporation controlled by you
Hony Managing Partners Limited 2201 Interest of corporation controlled by you
United Strength Ls Limited 2101 Beneficial owner
United Strength Youthful Limited 2201 Interest of corporation controlled by you
Zhao John Huan 2201 Interest of corporation controlled by you
Huayi Brothers International Limited 2101 Beneficial owner
Huayi Brothers Media Corporation 2201 Interest of corporation controlled by you
Greater Harmony Limited 2101 Beneficial owner
Ko Chun Shun, Johnson 2201 Interest of corporation controlled by you
Yuen Hoi Po 2101 Beneficial owner
Smart Concept Enterprise Limited 2101 Beneficial owner

Huayi Tencent Entertainment Co (HKSE:00419) Headlines

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