GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanfang Communication Holdings Ltd (HKSE:01617) » Definitions » Total Inventories

Nanfang Communication Holdings (HKSE:01617) Total Inventories : HK$41.9 Mil (As of Jun. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Nanfang Communication Holdings Total Inventories?

Nanfang Communication Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$41.9 Mil. Nanfang Communication Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$38.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nanfang Communication Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nanfang Communication Holdings's Days Inventory for the six months ended in Jun. 2024 was 29.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nanfang Communication Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 6.14.

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. Nanfang Communication Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.14.


Nanfang Communication Holdings Total Inventories Historical Data

The historical data trend for Nanfang Communication 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.

Nanfang Communication Holdings Total Inventories Chart

Nanfang Communication 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 50.10 30.38 55.24 62.92 35.97

Nanfang Communication Holdings Semi-Annual Data
Dec13 Dec14 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 56.89 62.92 41.82 35.97 41.92

Nanfang Communication 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.


Nanfang Communication Holdings  (HKSE:01617) 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.

Nanfang Communication 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)
=(228.132+0.75 * 439.024+0.5 * 41.922-718.117
-0-0)/1626.240
=-0.09

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

Nanfang Communication 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
=38.944/239.15*365 / 2
=29.72

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

Nanfang Communication 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 )
=239.15 / 38.944
=6.14

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.

Nanfang Communication 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 )
=38.944 / 276.403
=0.14

* 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.


Nanfang Communication Holdings Total Inventories Related Terms

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


Nanfang Communication Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Cencun Road, Luoyang Town, Wujin District, Jiangsu Province, Changzhou, CHN
Nanfang Communication Holdings Ltd manufactures and supplies a wide range of optical fiber cable components. The products of the company are used in different applications, such as mobile communication networks, internet networks, and fixed telephone networks in the telecommunications industry, and can be installed under different conditions. The company's products include central Unitube optical fiber cables, Layer Stranded optical fiber products, copper made communication cables, copper made enamelled wires, and others. The company's operation is principally in the People's Republic of China.
Executives
Shi Ming 2101 Beneficial owner
Yu Rumin 2101 Beneficial owner
Pacific Mind Development Limited 2101 Beneficial owner
Ubs Tc (jersey) Ltd 2301 Trustee
Yu Jianguang 2202 Interest of your spouse
Yu Jinlai 2305 Beneficiary of a trust
Yu Ruping 2101 Beneficial owner
Zhu Qinying 2202 Interest of your spouse

Nanfang Communication Holdings Headlines

No Headlines