GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Vision Values Holdings Ltd (HKSE:00862) » Definitions » Total Inventories

Vision Values Holdings (HKSE:00862) Total Inventories : HK$1.3 Mil (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Vision Values Holdings Total Inventories?

Vision Values Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$1.3 Mil. Vision Values Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$1.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vision Values Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vision Values Holdings's Days Inventory for the six months ended in Dec. 2023 was 1.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vision Values Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 174.25.

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. Vision Values Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Vision Values Holdings Total Inventories Historical Data

The historical data trend for Vision Values 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.

Vision Values Holdings Total Inventories Chart

Vision Values Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.30 84.11 93.58 1.04 1.02

Vision Values 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 96.18 1.04 5.76 1.02 1.26

Vision Values 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.


Vision Values Holdings  (HKSE:00862) 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.

Vision Values 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)
=(31.432+0.75 * 41.726+0.5 * 1.262-348.098
-0-87.122)/3924.19
=-0.09

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

Vision Values 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
=1.1425/199.082*365 / 2
=1.05

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

Vision Values 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 )
=199.082 / 1.1425
=174.25

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.

Vision Values 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 )
=1.1425 / 239.067
=0.00

* 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.


Vision Values Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of Vision Values Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Vision Values Holdings (HKSE:00862) Business Description

Traded in Other Exchanges
N/A
Address
13 Sheung Yuet Road, Unit 902, 9th Floor, Shui Hing Centre, Kowloon Bay, Hong Kong, HKG
Vision Values Holdings Ltd is an investment holding company. It operates in various business segments are Network Solutions and Project Services, Property Investment, Mineral Exploration, Private Jet Management Services, and Logistics services. Its geographical segments include Hong Kong, Mainland China, and Mongolia, of which Hong kong generates the vast majority of the revenue.

Vision Values Holdings (HKSE:00862) Headlines

No Headlines