Zhidao International (Holdings) (HKSE:01220) Total Inventories: HK$0.00 Mil (As of Sep. 2024)


What is Zhidao International (Holdings) Total Inventories?

Zhidao International (Holdings) HKSE:01220 Total Inventories is HK$0.00 Mil as of Sep. 2024.

Zhidao International (Holdings)'s total inventories for the quarter that ended in Sep. 2024 was HK$0.00 Mil. Zhidao International (Holdings)'s average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was HK$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zhidao International (Holdings)'s Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhidao International (Holdings)'s Days Inventory for the six months ended in Sep. 2024 was 0.00.

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

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. Zhidao International (Holdings)'s Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Zhidao International (Holdings)  (HKSE:01220) 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.

Zhidao International (Holdings)'s Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12.342+0.75 * 129.269+0.5 * 0-109.634
-0--11.337)/1980.000
=0.01

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

Zhidao International (Holdings)'s Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0/0.761*365 / 2
=0.00

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

Zhidao International (Holdings)'s Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=0.761 / 0
=N/A

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.

Zhidao International (Holdings)'s Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 3.269
=0.00

* 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.

Zhidao International (Holdings) Total Inventories Related Terms

Zhidao International (Holdings) Total Inventories Historical Data

* Premium members only.

The historical data trend for Zhidao 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.

Zhidao International (Holdings) Total Inventories Chart

Zhidao International (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Zhidao International (Holdings) Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.00 0.00 0.00 0.00 0.00

Zhidao 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of HK$0.00 Mil mean?
Zhidao International (Holdings) (HKSE:01220) has a Total Inventories of HK$0.00 Mil as of Sep. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Zhidao International (Holdings) and its competitors.
Is Zhidao International (Holdings)'s Total Inventories too high?
Zhidao International (Holdings)'s current Total Inventories is HK$0.00 Mil.
How does Zhidao International (Holdings)'s Total Inventories compare to AA?
Zhidao International (Holdings)'s Total Inventories of HK$0.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Metals & Mining company?
A good Total Inventories depends on the Metals & Mining industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Zhidao International (Holdings) and its competitors. Zhidao International (Holdings)'s current Total Inventories is HK$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhidao International (Holdings) stock overvalued right now?
Zhidao International (Holdings) (HKSE:01220) has a current Total Inventories of HK$0.00 Mil. The current Total Inventories is HK$0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Zhidao International (Holdings) (HKSE:01220), the current Total Inventories is HK$0.00 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zhidao International (Holdings) Business Description

Address 302-308 Hennessy Road, Room 2606, 26th Floor, C C Wu Building, Wan Chai, Hong Kong, HKG
Zhidao International (Holdings) Ltd trades and supplies aluminum products. Its segments include trading of aluminum products, construction projects, and money lending. The company generates maximum revenue from the construction projects segment. The construction projects segment includes a supply of aluminum products in construction projects and an extension to the provision of construction and engineering services. Geographically, it derives a majority of its revenue from Macau.