GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jiande International Holdings Ltd (HKSE:00865) » Definitions » Total Inventories

Jiande International Holdings (HKSE:00865) Total Inventories : HK$963.4 Mil (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Jiande International Holdings Total Inventories?

Jiande International Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$963.4 Mil. Jiande International Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$1,064.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jiande International Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jiande International Holdings's Days Inventory for the six months ended in Dec. 2023 was 776.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jiande International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.24.

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. Jiande International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 3.75.


Jiande International Holdings Total Inventories Historical Data

The historical data trend for Jiande International 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.

Jiande International Holdings Total Inventories Chart

Jiande International 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 823.12 883.38 1,165.48 1,156.97 963.39

Jiande International 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 1,182.98 1,156.97 1,165.67 963.39 -

Jiande International 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.


Jiande International Holdings  (HKSE:00865) 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.

Jiande International 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)
=(167.524+0.75 * 0+0.5 * 963.392-434.741
-0-17.799)/5837.99
=0.03

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

Jiande International 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
=1064.531/250.252*365 / 2
=776.33

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

Jiande International 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 )
=250.252 / 1064.531
=0.24

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.

Jiande International 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 )
=1064.531 / 283.934
=3.75

* 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.


Jiande International Holdings Total Inventories Related Terms

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


Jiande International Holdings Business Description

Traded in Other Exchanges
N/A
Address
20 Westlands Road, Room 401–402, 4th Floor, Westlands Centre, Quarry Bay, Hong Kong, HKG
Jiande International Holdings Ltd is an investment company engaged in the development and sale of properties. It generates revenue from the sale of residential units so developed. The Group is engaged in the property development and revenue represents the net amounts received and receivable for properties sold by the Group in the normal course of business to customers. Geographically, it derives the majority of its revenue from the PRC.
Executives
Talent Connect Investments Limited 2101 Beneficial owner
Fame Build Holdings Limited 2101 Beneficial owner
Tsoi Kin Sze 2201 Interest of corporation controlled by you
Shie Tak Chung 2201 Interest of corporation controlled by you

Jiande International Holdings Headlines

No Headlines