Zhong Ji Longevity Science Group (HKSE:00767) Total Inventories : HK$1.17 Mil (As of Jun. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Zhong Ji Longevity Science Group Total Inventories?

Zhong Ji Longevity Science Group's total inventories for the quarter that ended in Jun. 2024 was HK$1.17 Mil. Zhong Ji Longevity Science Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$1.85 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zhong Ji Longevity Science Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhong Ji Longevity Science Group's Days Inventory for the six months ended in Jun. 2024 was 36.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhong Ji Longevity Science Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 4.94.

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. Zhong Ji Longevity Science Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.04.

Zhong Ji Longevity Science Group Total Inventories Historical Data

The historical data trend for Zhong Ji Longevity Science Group'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.

Zhong Ji Longevity Science Group Total Inventories Chart

Zhong Ji Longevity Science Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

1.02

3.81

2.52

Zhong Ji Longevity Science Group 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															1.94	3.81	1.65	2.52	1.17

Zhong Ji Longevity Science Group 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.

Zhong Ji Longevity Science Group (HKSE:00767) 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.

Zhong Ji Longevity Science Group'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)
=	(78.705	+	0.75 * 2.482	+	0.5 * 1.171	-	66.72
-	0	-	25.316)	/	546.530
=	-0.02

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

Zhong Ji Longevity Science Group'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
	=	1.847	/	9.127	*	365 / 2
	=	36.93

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

Zhong Ji Longevity Science Group'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 )
	=	9.127	/	1.847
	=	4.94

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.

Zhong Ji Longevity Science Group'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 )
	=	1.847	/	42.403
	=	0.04

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.

Zhong Ji Longevity Science Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Zhong Ji Longevity Science Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhong Ji Longevity Science Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Zhong Ji Longevity Science Group Ltd (HKSE:00767) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

255-257 Gloucester Road, Suite Nos. 01-03, 19th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

https://www.irasia.com/listco/hk/zhongjilongevity

Zhong Ji Longevity Science Group Ltd is an investment holding company. Through its subsidiaries, it engages in Longevity science business that provides diagnostic consultation, health and medical testing and checking as well as distribution of cancer prevention & immunity healthcare supplements, Money lending & Financial Advisory provides loan financing for earning interest income and provision of financial advisory and management services rendering various loans fees, Securities and other investments engages in holding of equity investments, investment in short to long-term financial assets for dividend income, and Property investment segment invests in properties for rental income and/or for potential capital appreciation.

Executives

Yan Zhen	2101 Beneficial owner
Wang Jianyong	2101 Beneficial owner
Butani Pap Udharam	2101 Beneficial owner
Chainrai Balram	2101 Beneficial owner
So Hoi Wing Jackson	2101 Beneficial owner
Li Yan	2101 Beneficial owner
Wong So Wai
Zhou Disun	2201 Interest of corporation controlled by you
Speedy Brilliant Investments Limited	2101 Beneficial owner
Allied Summit Inc.	2101 Beneficial owner
Su Weibiao	2201 Interest of corporation controlled by you
Harmony Delight Holdings Limited	2101 Beneficial owner
Ma Hongyi	2201 Interest of corporation controlled by you
Zhong Ji 1 International Medical Group (hong Kong) Limited	2101 Beneficial owner
China International Osteoarticular Medical Group Limited	2201 Interest of corporation controlled by you

Zhong Ji Longevity Science Group Headlines

No Headlines