GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Shuanghua Holdings Ltd (HKSE:01241) » Definitions » Total Inventories

Shuanghua Holdings (HKSE:01241) Total Inventories : HK$1.2 Mil (As of Jun. 2024)


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

What is Shuanghua Holdings Total Inventories?

Shuanghua Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$1.2 Mil. Shuanghua Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$1.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shuanghua Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shuanghua Holdings's Days Inventory for the six months ended in Jun. 2024 was 5.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shuanghua Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 34.06.

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. Shuanghua Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.03.


Shuanghua Holdings Total Inventories Historical Data

The historical data trend for Shuanghua 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.

Shuanghua Holdings Total Inventories Chart

Shuanghua 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 22.77 25.01 2.63 0.01 2.35

Shuanghua 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 0.20 0.01 1.73 2.35 1.20

Shuanghua 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.


Shuanghua Holdings  (HKSE:01241) 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.

Shuanghua 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)
=(99.764+0.75 * 27.661+0.5 * 1.199-22.063
-0-0.004)/650.000
=0.15

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

Shuanghua 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
=1.774/60.42*365 / 2
=5.36

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

Shuanghua 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 )
=60.42 / 1.774
=34.06

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.

Shuanghua 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 )
=1.774 / 65.199
=0.03

* 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.


Shuanghua Holdings Total Inventories Related Terms

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


Shuanghua Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 458 Fushan Road, 9th Floor, Tongsheng Building, Pudong District, Shanghai, CHN, 200122
Shuanghua Holdings Ltd is the manufacturer of auto air conditioners and their components. The company is engaged in the trading, manufacturing, research, and development of auto parts (mainly automotive HVAC components) and supply chain management, mainly centered on cold storage and cold chain supply. The company has two operating segments which include the Supply chain management business and the Automobile parts business. The supply chain management business segment includes Supply chain services and Food Supply.
Executives
Xu Zonglin 2101 Beneficial owner

Shuanghua Holdings Headlines

No Headlines