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Huaxi Holdings Co (HKSE:01689) Total Inventories : HK$20.5 Mil (As of Jun. 2024)


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What is Huaxi Holdings Co Total Inventories?

Huaxi Holdings Co's total inventories for the quarter that ended in Jun. 2024 was HK$20.5 Mil. Huaxi Holdings Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$24.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Huaxi Holdings Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Huaxi Holdings Co's Days Inventory for the six months ended in Jun. 2024 was 83.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Huaxi Holdings Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.19.

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. Huaxi Holdings Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.39.


Huaxi Holdings Co Total Inventories Historical Data

The historical data trend for Huaxi Holdings 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.

* Premium members only.

Huaxi Holdings Co Total Inventories Chart

Huaxi Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.36 29.55 39.36 45.89 28.54

Huaxi Holdings Co Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 48.20 45.89 34.30 28.54 20.51

Huaxi Holdings 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.


Huaxi Holdings Co  (HKSE:01689) 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.

Huaxi Holdings 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)
=(33.596+0.75 * 172.444+0.5 * 20.509-156.062
-0--6.603)/701.43
=0.03

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

Huaxi Holdings 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
=24.526/53.59*365 / 2
=83.52

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

Huaxi Holdings 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 )
=53.59 / 24.526
=2.19

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.

Huaxi Holdings 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 )
=24.526 / 62.615
=0.39

* 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.


Huaxi Holdings Co Total Inventories Related Terms

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Huaxi Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 4 Wanji North Street, Wanji Industrial District, Guangdong Province, Shantou, CHN
Huaxi Holdings Co Ltd is an investment holding company principally engaged in the manufacture and sale of packaging materials for a cigarette in China. It has two reportable segments: Cigarette Packaging Business and Environmental Treatment Business. The products of the group include tipping papers, inner frame aluminum papers, inner laser paper, cigarette box frame paper, and cigarette trademark labels. Geographically all the activities functioned through China, and generate a vast majority of its revenues from the cigarette packaging business.
Executives
Sxd Limited 2101 Beneficial owner
Chen Annie Ni 2202 Interest of your spouse
Zheng Andy Yi Sheng 2201 Interest of corporation controlled by you

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