Weiye Holdings (HKSE:01570) Total Inventories : HK$2,066 Mil (As of Dec. 2023)

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What is Weiye Holdings Total Inventories?

Weiye Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$2,066 Mil. Weiye Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$2,154 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Weiye Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-8.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Weiye Holdings's Days Inventory for the six months ended in Dec. 2023 was 1,866.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Weiye Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.10.

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. Weiye Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 7.57.

Weiye Holdings Total Inventories Historical Data

The historical data trend for Weiye 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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Weiye Holdings Total Inventories Chart

Weiye Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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5,314.41

5,164.16

5,924.57

3,615.92

2,066.20

Weiye Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															5,924.57	4,888.15	3,615.92	2,242.57	2,066.20

Weiye 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.

Weiye Holdings (HKSE:01570) 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.

Weiye Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(69.089	+	0.75 * 45.483	+	0.5 * 2066.196	-	2330.937
-	0	-	479.741)	/	196.133
=	-8.54

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

Weiye Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	2154.3815	/	210.675	*	365 / 2
	=	1,866.26

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

Weiye Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	210.675	/	2154.3815
	=	0.10

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.

Weiye Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	2154.3815	/	284.64
	=	7.57

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.

Weiye Holdings Total Inventories Related Terms

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Weiye Holdings (HKSE:01570) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Weiye Holdings Ltd (HKSE:01570) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

Zhengkai Avenue, 19th Floor, Building A, Intersection of Yanqqiao Road, Henan Province, Zhengzhou, CHN

Website

http://www.weiyeholdings.com

Weiye Holdings Ltd is an investment holding company. The company operates in two segments: Property development and Equipment manufacturing. The majority of its revenue comes from the Property development segment, which includes the development and sales of both commercial and residential property units, construction of resettlement houses in the PRC, and the leasing of investment properties to generate rental income and derive capital gains from the investment properties in the long term. The company's geographical segments are China, Singapore, and Others, of which nearly all of its revenue comes from China.

Executives

Ca Indosuez (switzerland) Sa, Singapore Branch	2302 Custodian
Fine Skill Holdings Limited	2101 Beneficial owner
Zhang Wei	2101 Beneficial owner
Chen Zhi Yong

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