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Wai Yuen Tong Medicine Holdings (HKSE:00897) Total Inventories : HK$1,611 Mil (As of Sep. 2023)


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What is Wai Yuen Tong Medicine Holdings Total Inventories?

Wai Yuen Tong Medicine Holdings's total inventories for the quarter that ended in Sep. 2023 was HK$1,611 Mil. Wai Yuen Tong Medicine Holdings's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$1,624 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wai Yuen Tong Medicine Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-2.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wai Yuen Tong Medicine Holdings's Days Inventory for the six months ended in Sep. 2023 was 835.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wai Yuen Tong Medicine Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.22.

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. Wai Yuen Tong Medicine Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 2.39.


Wai Yuen Tong Medicine Holdings Total Inventories Historical Data

The historical data trend for Wai Yuen Tong Medicine 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.

Wai Yuen Tong Medicine Holdings Total Inventories Chart

Wai Yuen Tong Medicine Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.51 2,097.20 2,117.70 1,868.97 1,636.60

Wai Yuen Tong Medicine Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2,026.03 1,868.97 1,653.81 1,636.60 1,611.01

Wai Yuen Tong Medicine 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.


Wai Yuen Tong Medicine Holdings  (HKSE:00897) 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.

Wai Yuen Tong Medicine Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(505.423+0.75 * 66.566+0.5 * 1611.006-3098.226
-0-1259.909)/1171.1
=-2.56

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

Wai Yuen Tong Medicine Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=1623.8035/354.777*365 / 2
=835.30

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

Wai Yuen Tong Medicine Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=354.777 / 1623.8035
=0.22

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.

Wai Yuen Tong Medicine Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=1623.8035 / 678.804
=2.39

* 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.


Wai Yuen Tong Medicine Holdings Total Inventories Related Terms

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Wai Yuen Tong Medicine Holdings (HKSE:00897) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3101, 31st Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wai Yuen Tong Medicine Holdings Ltd is an investment holding company. The company's operating segment includes production and sale of Chinese pharmaceutical and health food products; production and sale of Western pharmaceutical and health food products and property investment and management and sale of properties in the agricultural produce market. It generates maximum revenue from the production and sale of Chinese pharmaceutical and health food products which include manufacturing, processing, and sale of traditional Chinese medicine which includes Chinese medicinal products sold under the brand name Wai Yuen Tong. Geographically, it derives a majority of revenue from Mainland China.
Executives
Wang On Group Limited 2501 Other
Tang Ching Ho 2501 Other
Yau Yuk Yin 2202 Interest of your spouse

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