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Luk Fook Holdings (International) (HKSE:00590) Total Inventories : HK$9,438 Mil (As of Sep. 2023)


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What is Luk Fook Holdings (International) Total Inventories?

Luk Fook Holdings (International)'s total inventories for the quarter that ended in Sep. 2023 was HK$9,438 Mil. Luk Fook Holdings (International)'s average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$9,145 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Luk Fook Holdings (International)'s Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$6.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luk Fook Holdings (International)'s Days Inventory for the six months ended in Sep. 2023 was 308.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luk Fook Holdings (International)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 0.59.

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. Luk Fook Holdings (International)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.22.


Luk Fook Holdings (International) Total Inventories Historical Data

The historical data trend for Luk Fook Holdings (International)'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.

Luk Fook Holdings (International) Total Inventories Chart

Luk Fook Holdings (International) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,321.52 7,533.15 7,321.61 8,769.30 8,852.61

Luk Fook Holdings (International) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 8,093.85 8,769.30 8,214.33 8,852.61 9,437.60

Luk Fook Holdings (International) 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.


Luk Fook Holdings (International)  (HKSE:00590) 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.

Luk Fook Holdings (International)'s Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2253.889+0.75 * 187.262+0.5 * 9437.595-3528.559
-0--0.518)/587.108
=6.11

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

Luk Fook Holdings (International)'s Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=9145.103/5404.587*365 / 2
=308.81

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

Luk Fook Holdings (International)'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=5404.587 / 9145.103
=0.59

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.

Luk Fook Holdings (International)'s Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=9145.103 / 7486.031
=1.22

* 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.


Luk Fook Holdings (International) Total Inventories Related Terms

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Luk Fook Holdings (International) (HKSE:00590) Business Description

Traded in Other Exchanges
Address
No. 2 On Yiu Street, 15th, 20th, 25th & 27th Floors, Metropole Square, Shatin, New Territories, Hong Kong, HKG
Luk Fook Holdings (International) Ltd is a Hong Kong-based investment holding company. The company is engaged in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewelry and gem-set jewelry products. It operates through the following five segments: Retailing in Hong Kong, Macau and Overseas; Retailing in Mainland China; Wholesaling in Hong Kong; Wholesaling in Mainland China; and Licensing. The company generates maximum revenue from Retailing in Hong Kong, Macau and Overseas segments.

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