China Shun Ke Long Holdings (HKSE:00974) Total Inventories : HK$85.1 Mil (As of Dec. 2023)

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What is China Shun Ke Long Holdings Total Inventories?

China Shun Ke Long Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$85.1 Mil. China Shun Ke Long Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$89.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Shun Ke Long Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Shun Ke Long Holdings's Days Inventory for the six months ended in Dec. 2023 was 49.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Shun Ke Long Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.66.

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. China Shun Ke Long Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.24.

China Shun Ke Long Holdings Total Inventories Historical Data

The historical data trend for China Shun Ke Long 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.

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China Shun Ke Long Holdings Total Inventories Chart

China Shun Ke Long Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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145.60

170.62

131.98

124.89

85.05

China Shun Ke Long 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															131.98	110.28	124.89	93.85	85.05

China Shun Ke Long 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.

China Shun Ke Long Holdings (HKSE:00974) 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.

China Shun Ke Long 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)
=	(53.248	+	0.75 * 40.183	+	0.5 * 85.054	-	235.262
-	0	-	1.35)	/	290.457
=	-0.38

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

China Shun Ke Long 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
	=	89.4505	/	327.141	*	365 / 2
	=	49.90

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

China Shun Ke Long 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 )
	=	327.141	/	89.4505
	=	3.66

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.

China Shun Ke Long 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 )
	=	89.4505	/	376.514
	=	0.24

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.

China Shun Ke Long Holdings Total Inventories Related Terms

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China Shun Ke Long Holdings (HKSE:00974) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » China Shun Ke Long Holdings Ltd (HKSE:00974) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 60 Hebin North Road, Huale Building, Floor 3, Lecong Town, Shunde District, Guangdong Province, Foshan, CHN, 528315

Website

http://www.skl.com.cn

China Shun Ke Long Holdings Limited is a Hong Kong-based investment holding company principally engaged in the operation of retail outlets. The Company operates through two segments. Retail Outlet Operation segment is engaged in the operation of Shun Ke Long supermarkets and hypermarkets in Guangzhou, Foshan, Zhaoqing, and Zhuhai, among others. This segment also leases out part of its retail outlets to generate rental income. It also sells consumer goods through online shops. The wholesale Distribution segment is engaged in the wholesale distribution of goods. The Company mainly operates businesses in China and Macau.

Executives

Zhong Hua Quan Guo Gong Xiao He Zuo Zong She	2201 Interest of corporation controlled by you
Bei Jing Zhong He Nong Xin Qi Ye Guan Li Zi Xun You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Xin Xin Tuo You Xian Ze Ren Gong Si	2301 Trustee
Guang Da Xing Long Xin Tuo You Xian Ze Ren Gong Si	2301 Trustee
Infini Capital Management	2101 Beneficial owner

China Shun Ke Long Holdings (HKSE:00974) Headlines

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