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


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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 Premium Member Only Premium Member Only - - 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 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 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

* 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.


Momentum Financial Holdings Total Inventories Related Terms

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Momentum Financial Holdings Business Description

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
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

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