Sino Oil and Gas Holdings (HKSE:00702) Total Inventories: HK$10.5 Mil (As of Jun. 2024)

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HKSE:00702 Sino Oil and Gas Holdings Ltd HKSE:00702
4 GF Score
Price HK$0.03
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What is Sino Oil and Gas Holdings Total Inventories?

Sino Oil and Gas Holdings HKSE:00702 4 Total Inventories is HK$10.5 Mil as of Jun. 2024. GuruFocus rates HKSE:00702 with a GF Score™ of 4/100.

Sino Oil and Gas Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$10.5 Mil. Sino Oil and Gas Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$12.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sino Oil and Gas Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-1.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sino Oil and Gas Holdings's Days Inventory for the six months ended in Jun. 2024 was 18.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sino Oil and Gas Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 9.95.

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. Sino Oil and Gas Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.06.


Sino Oil and Gas Holdings  (HKSE:00702) 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.

Sino Oil and Gas Holdings'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)
=(58.388+0.75 * 61.897+0.5 * 10.535-3890.813
-0-7.816)/3345.439
=-1.13

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

Sino Oil and Gas Holdings'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
=12.1185/120.576*365 / 2
=18.34

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

Sino Oil and Gas Holdings'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 )
=120.576 / 12.1185
=9.95

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.

Sino Oil and Gas Holdings'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 )
=12.1185 / 201.672
=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.


Sino Oil and Gas Holdings Total Inventories Related Terms


Sino Oil and Gas Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Sino Oil and Gas 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.

Sino Oil and Gas Holdings Total Inventories Chart

Sino Oil and Gas 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 9.91 10.28 13.32 13.89 13.70

Sino Oil and Gas Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 30.77 13.89 18.70 13.70 10.54
HKSE:00702
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Sino Oil and Gas Holdings Ltd HKSE:00702
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Sino Oil and Gas 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of HK$10.5 Mil mean?
Sino Oil and Gas Holdings (HKSE:00702) has a Total Inventories of HK$10.5 Mil as of Jun. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Sino Oil and Gas Holdings and its competitors.
Is Sino Oil and Gas Holdings' Total Inventories too high?
Sino Oil and Gas Holdings' current Total Inventories is HK$10.5 Mil. Overall, Sino Oil and Gas Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sino Oil and Gas Holdings' Total Inventories compare to competitors?
Sino Oil and Gas Holdings' Total Inventories of HK$10.5 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Other Energy Sources company?
A good Total Inventories depends on the Other Energy Sources industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Sino Oil and Gas Holdings and its competitors. Sino Oil and Gas Holdings's current Total Inventories is HK$10.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Oil and Gas Holdings stock overvalued right now?
Sino Oil and Gas Holdings (HKSE:00702) has a current Total Inventories of HK$10.5 Mil. The current Total Inventories is HK$10.5 Mil. Sino Oil and Gas Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Sino Oil and Gas Holdings (HKSE:00702), the current Total Inventories is HK$10.5 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sino Oil and Gas Holdings Business Description

Address 188 Connaught Road West, Room 3710, 37th Floor, Hong Kong Plaza, Hong Kong, HKG
Sino Oil and Gas Holdings Ltd is an investment holding company. It operates in four segments, namely Coalbed methane, which includes exploration, development, and production of coalbed methane; Raw & cleaned coal, which consists of raw coal washing and sale of raw and cleaned coal; Oil and gas exploitation segment is into exploitation and sale of crude oil and natural gas; and Financial Services. The group generates the majority of its revenues from the Coalbed methane segment. It geographically earns revenues from the People's Republic of China.
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