Momentum Financial Holdings (HKSE:01152) Total Inventories : HK$2.8 Mil (As of Jun. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Momentum Financial Holdings Total Inventories?

Momentum Financial Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$2.8 Mil. Momentum Financial Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$14.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Momentum Financial Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Momentum Financial Holdings's Days Inventory for the six months ended in Jun. 2024 was 8.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Momentum Financial Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 21.61.

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. Momentum Financial Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.04.

Momentum Financial Holdings Total Inventories Historical Data

The historical data trend for Momentum Financial 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.

Momentum Financial Holdings Total Inventories Chart

Momentum Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

2.31

26.99

25.71

Momentum Financial 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															9.45	26.99	86.77	25.71	2.77

Momentum Financial 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.

Momentum Financial Holdings (HKSE:01152) 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.

Momentum Financial Holdings'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)
=	(12.338	+	0.75 * 462.383	+	0.5 * 2.77	-	380.491
-	0	-	2.903)	/	982
=	-0.02

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

Momentum Financial Holdings'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
	=	14.241	/	307.814	*	365 / 2
	=	8.44

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

Momentum Financial Holdings'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 )
	=	307.814	/	14.241
	=	21.61

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.

Momentum Financial Holdings'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 )
	=	14.241	/	329.077
	=	0.04

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.

Momentum Financial Holdings Total Inventories Related Terms

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

Momentum Financial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Momentum Financial Holdings Ltd (HKSE:01152) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4028, Jintian Road, Fuzhong Community, Lianhua Street, Room 2408, Rongchao Economic and Trade Center, Futian District, Shenzhen, CHN

Website

https://www.1152.com.hk

Momentum Financial Holdings Ltd is engaged in finance leasing and consultancy services. The company's segments include finance leasing; Cross-border trading business of nutrition food and health care products; and Others. The majority of the revenue is derived from the cross-border trading business of nutrition food and health care products segment. Geographically, the company has a presence in Hong Kong and PRC.

Executives

Jong Yat Kit (in The Capacity As The Receiver)	2501 Other
So Man Chun (in The Capacity As The Receiver)	2501 Other
Forever Brilliance International Group Co., Limited	2101 Beneficial owner
Smith Lexi Lucia	2201 Interest of corporation controlled by you
Sun Dianying	2201 Interest of corporation controlled by you
Great River Capital Limited	2101 Beneficial owner
China Great Wall Amc (international) Holdings Company Limited	2201 Interest of corporation controlled by you
Great Wall International Investment Xx Limited	2106 Person having a security interest in shares
Triumph Hope Limited
Chan Chung Shu
Zhong Guo Chang Cheng Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Momentum Financial Holdings Headlines

No Headlines