Values Cultural Investment (HKSE:01740) Total Inventories : HK$80.21 Mil (As of Jun. 2024)

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What is Values Cultural Investment Total Inventories?

Values Cultural Investment's total inventories for the quarter that ended in Jun. 2024 was HK$80.21 Mil. Values Cultural Investment's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$79.71 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Values Cultural Investment's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Values Cultural Investment's Days Inventory for the six months ended in Jun. 2024 was 1,938.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Values Cultural Investment's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.09.

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. Values Cultural Investment's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 13.80.

Values Cultural Investment Total Inventories Historical Data

The historical data trend for Values Cultural Investment'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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Values Cultural Investment Total Inventories Chart

Values Cultural Investment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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109.70

124.95

113.74

150.83

79.20

Values Cultural Investment Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial										167.76	150.83	131.06	79.20	80.21

Values Cultural Investment 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.

Values Cultural Investment (HKSE:01740) 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.

Values Cultural Investment'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)
=	(30.045	+	0.75 * 42.387	+	0.5 * 80.207	-	23.363
-	0	-	0)	/	1037.500
=	0.08

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

Values Cultural Investment'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
	=	79.705	/	7.504	*	365 / 2
	=	1,938.45

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

Values Cultural Investment'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 )
	=	7.504	/	79.705
	=	0.09

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.

Values Cultural Investment'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 )
	=	79.705	/	5.775
	=	13.80

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.

Values Cultural Investment Total Inventories Related Terms

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Values Cultural Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Values Cultural Investment Ltd (HKSE:01740) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Hoi Shing Road, Room 16, 28th Floor, One Midtown, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.yuanshimedia.com

Values Cultural Investment Ltd is an investment holding company. It is engaged in licensing of broadcasting rights of TV series, investing in TV series and web series as a non-executive producer, and acting as a distribution agent of TV series. The company's customers include TV stations, companies that are engaged in the business of distribution of TV series, executive producers, and copyright owners of the TV series.

Executives

Wei Xian	2201 Interest of corporation controlled by you
Bai Yang	2201 Interest of corporation controlled by you
Liu Naiyue	2201 Interest of corporation controlled by you
Liu Peiyao	2201 Interest of corporation controlled by you
Wu Tao	2201 Interest of corporation controlled by you
Yu Jinmei	2202 Interest of your spouse
Syyt Investment Limited	2101 Beneficial owner
Sun Xianliang	2201 Interest of corporation controlled by you
Hangzhou Baihuiquan Equity Investment Fund Partnership (limited Partnership)	2501 Other
Lu Min	2202 Interest of your spouse
Sdjz Investment Limited	2101 Beneficial owner
Shao Hui	2201 Interest of corporation controlled by you
Tibet Langrun Investment Management Co., Ltd.	2501 Other
Xu Jun
Blw Investment Limited	2101 Beneficial owner

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