Lerado Financial Group Co (HKSE:01225) Total Inventories : HK$12.3 Mil (As of Jun. 2024)

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What is Lerado Financial Group Co Total Inventories?

Lerado Financial Group Co's total inventories for the quarter that ended in Jun. 2024 was HK$12.3 Mil. Lerado Financial Group Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$12.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lerado Financial Group Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-2.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lerado Financial Group Co's Days Inventory for the six months ended in Jun. 2024 was 75.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lerado Financial Group Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.41.

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. Lerado Financial Group Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.13.

Lerado Financial Group Co Total Inventories Historical Data

The historical data trend for Lerado Financial Group Co'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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Lerado Financial Group Co Total Inventories Chart

Lerado Financial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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13.72

13.81

28.25

13.96

12.87

Lerado Financial Group Co 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															16.99	13.96	15.12	12.87	12.29

Lerado Financial Group Co 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.

Lerado Financial Group Co (HKSE:01225) 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.

Lerado Financial Group Co'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)
=	(199.345	+	0.75 * 75.789	+	0.5 * 12.287	-	847.857
-	0	-	-0.332)	/	230.322
=	-2.54

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

Lerado Financial Group Co'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
	=	12.579	/	30.261	*	365 / 2
	=	75.86

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

Lerado Financial Group Co'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 )
	=	30.261	/	12.579
	=	2.41

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.

Lerado Financial Group Co'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 )
	=	12.579	/	96.75
	=	0.13

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.

Lerado Financial Group Co Total Inventories Related Terms

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Lerado Financial Group Co Business Description

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Address

59-67 Bonham Strand West, Flat F&G, 4th Floor., Golden Sun Centre, Sheung Wan, Hong Kong, HKG

Website

http://www.lerado.com

Lerado Financial Group Co Ltd is an investment holding company. It is engaged in financial services including, securities broking, margin financing, and money lending as well as manufacturing and distributing children's plastic toys and medical care products like mobility aids and other medical equipment. The operating segments of the group are the Medical products and plastic toys business; Securities brokerage business and asset management services; and Money lending business and other financial services. It derives key revenue from the Medical products and plastic toys business segment which involves the manufacturing and distribution of medical care products and plastic toys. It has a business presence in Hong Kong, Europe, the U.S., the PRC, Australia, South America, and others.

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