Convenience Retail Asia (HKSE:00831) Total Inventories : HK$44 Mil (As of Jun. 2024)

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What is Convenience Retail Asia Total Inventories?

Convenience Retail Asia's total inventories for the quarter that ended in Jun. 2024 was HK$44 Mil. Convenience Retail Asia's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$40 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Convenience Retail Asia's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Convenience Retail Asia's Days Inventory for the six months ended in Jun. 2024 was 21.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Convenience Retail Asia's Inventory Turnover for the quarter that ended in Jun. 2024 was 8.35.

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. Convenience Retail Asia's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.06.

Convenience Retail Asia Total Inventories Historical Data

The historical data trend for Convenience Retail Asia'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.

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Convenience Retail Asia Total Inventories Chart

Convenience Retail Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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212.64

32.78

43.13

43.10

36.51

Convenience Retail Asia 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															50.18	43.10	39.41	36.51	43.57

Convenience Retail Asia 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.

Convenience Retail Asia (HKSE:00831) 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.

Convenience Retail Asia'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)
=	(174.437	+	0.75 * 55.455	+	0.5 * 43.572	-	584.919
-	0	-	0)	/	777.417
=	-0.45

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

Convenience Retail Asia'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
	=	40.0405	/	334.427	*	365 / 2
	=	21.85

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

Convenience Retail Asia'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 )
	=	334.427	/	40.0405
	=	8.35

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.

Convenience Retail Asia'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 )
	=	40.0405	/	721.654
	=	0.06

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.

Convenience Retail Asia Total Inventories Related Terms

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Convenience Retail Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Convenience Retail Asia Ltd (HKSE:00831) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 On Ping Street, 15th Floor, LiFung Centre, Siu Lek Yuen, Shatin, New Territories, Hong Kong, HKG

Website

https://www.cr-asia.com

Convenience Retail Asia Ltd is an investment holding company. The company operates in two segments namely, Bakery and Eyewear Businesses. The majority of its revenue comes from the Bakery segment, which comprises of sale of bakery and festival products. The Eyewear business segment includes the sale of eyewear products. The company's geographical segments are Hong Kong and Mainland China.

Executives

Aggregate Of Abrdn Plc Affiliated Investment Management Entities	2102 Investment manager
Abrdn Asia Focus Plc	2101 Beneficial owner
Fung Kwok Lun William	2101 Beneficial owner
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Fung Wing Yee, Sabrina
Fung Kwok King, Victor
Aggregate Of Standard Life Aberdeen Plc Affiliated Investment Management Entities	2102 Investment manager
Aberdeen Standard Asia Focus Plc	2101 Beneficial owner
Aberdeen Asian Income Fund Limited	2101 Beneficial owner
Fidelity China Special Situations Plc	2101 Beneficial owner

Convenience Retail Asia Headlines

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