Easyknit International Holdings (HKSE:01218) Total Inventories : HK$5,588.9 Mil (As of Sep. 2023)

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What is Easyknit International Holdings Total Inventories?

Easyknit International Holdings's total inventories for the quarter that ended in Sep. 2023 was HK$5,588.9 Mil. Easyknit International Holdings's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$5,544.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Easyknit International Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-43.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Easyknit International Holdings's Days Inventory for the six months ended in Sep. 2023 was 12,289.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Easyknit International Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.01.

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. Easyknit International Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 42.61.

Easyknit International Holdings Total Inventories Historical Data

The historical data trend for Easyknit 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.

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Easyknit International Holdings Total Inventories Chart

Easyknit International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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2,051.61

2,103.58

1,911.31

5,207.60

5,499.67

Easyknit International 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															4,806.62	5,207.60	5,311.72	5,499.67	5,588.90

Easyknit 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.

Easyknit International Holdings (HKSE:01218) 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.

Easyknit International 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)
=	(627.601	+	0.75 * 15.444	+	0.5 * 5588.902	-	4413.542
-	0	-	2220.862)	/	73.9884
=	-43.26

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

Easyknit International 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
	=	5544.284	/	82.333	*	365 / 2
	=	12,289.51

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

Easyknit International 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 )
	=	82.333	/	5544.284
	=	0.01

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.

Easyknit International 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 )
	=	5544.284	/	130.124
	=	42.61

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.

Easyknit International Holdings Total Inventories Related Terms

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Easyknit International Holdings (HKSE:01218) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Easyknit International Holdings Ltd (HKSE:01218) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

481-483 Castle Peak Road, Block A, 7th Floor, Hong Kong Spinners Building, Phase 6, Kowloon, Cheung Sha Wan, Hong Kong, HKG

Website

https://www.easyknit.com

Easyknit International Holdings Ltd is an investment holding company, that engages in the investment, development, and management of properties. The company operates through Property Investment, Property Development, Investment in Securities, and Loan Financing segments. The investment properties of the company include residential, commercial, and industrial properties. The firm's majority revenue comes from the Property Investment segment. Geographically, it derives revenue from Hong Kong.

Executives

Winterbotham Holdings Limited
Hooper Ivan Geoffrey Douglas
Hooper Christopher Geoffrey Douglas
Markson International Holding Limited
Koon Wing Yee	2101 Beneficial owner
Lui Yuk Chu	2202 Interest of your spouse
Sea Rejoice Limited	2101 Beneficial owner
Accumulate More Profits Limited	2201 Interest of corporation controlled by you
Hooper Christopher Geoffrey Douglas	2201 Interest of corporation controlled by you
Magical Profits Limited	2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust	2201 Interest of corporation controlled by you
Koon Ho Yan Candy

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