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Wong's Kong King International (Holdings) (HKSE:00532) Total Inventories : HK$868 Mil (As of Dec. 2023)


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What is Wong's Kong King International (Holdings) Total Inventories?

Wong's Kong King International (Holdings)'s total inventories for the quarter that ended in Dec. 2023 was HK$868 Mil. Wong's Kong King International (Holdings)'s average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$875 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wong's Kong King International (Holdings)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wong's Kong King International (Holdings)'s Days Inventory for the six months ended in Dec. 2023 was 123.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wong's Kong King International (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 1.48.

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. Wong's Kong King International (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.


Wong's Kong King International (Holdings) Total Inventories Historical Data

The historical data trend for Wong's Kong King International (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.

* Premium members only.

Wong's Kong King International (Holdings) Total Inventories Chart

Wong's Kong King International (Holdings) 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 818.78 645.08 891.21 1,035.85 867.59

Wong's Kong King International (Holdings) 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 891.21 1,138.72 1,035.85 882.82 867.59

Wong's Kong King International (Holdings) 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.


Wong's Kong King International (Holdings)  (HKSE:00532) 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.

Wong's Kong King International (Holdings)'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)
=(561.764+0.75 * 1009.485+0.5 * 867.591-1479.501
-0-96.202)/729.898
=0.24

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

Wong's Kong King International (Holdings)'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
=875.203/1294.075*365 / 2
=123.43

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

Wong's Kong King International (Holdings)'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 )
=1294.075 / 875.203
=1.48

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.

Wong's Kong King International (Holdings)'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 )
=875.203 / 1704.06
=0.51

* 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.


Wong's Kong King International (Holdings) Total Inventories Related Terms

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Wong's Kong King International (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Lam Chak Street, 17th Floor, Harbourside HQ, Kowloon Bay, Hong Kong, HKG
Wong's Kong King International (Holdings) Ltd is an investment holding company. It operates in two segments Trading and Manufacturing. The trading segment is engaged in the trading and distribution of chemicals, materials, and equipment used in the manufacturing of printed circuit boards and electronic products. Its Manufacturing segment is engaged in the manufacturing of electrical and electronic products for original equipment manufacturers. The company derives the majority of its revenue from the Trading segment. Geographically, it generates maximum revenue from Hong Kong, Mainland China, and Taiwan and also has a presence in North America and Europe.
Executives
Wong Senta 2101 Beneficial owner
Cantrust (far East) Limited 2301 Trustee
Chang Jui Shum Victor 2202 Interest of your spouse
Wong Vinci 2201 Interest of corporation controlled by you
Wong Chung Yin 2101 Beneficial owner
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