Man Shun Group (Holdings) (HKSE:01746) Total Inventories : HK$2.2 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Man Shun Group (Holdings) Total Inventories?

Man Shun Group (Holdings)'s total inventories for the quarter that ended in Dec. 2023 was HK$2.2 Mil. Man Shun Group (Holdings)'s average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$2.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Man Shun Group (Holdings)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Man Shun Group (Holdings)'s Days Inventory for the six months ended in Dec. 2023 was 6.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Man Shun Group (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 29.00.

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. Man Shun Group (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Man Shun Group (Holdings) Total Inventories Historical Data

The historical data trend for Man Shun Group (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.

Man Shun Group (Holdings) Total Inventories Chart

Man Shun Group (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

2.86

3.11

2.23

Man Shun Group (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial											2.86	4.21	3.11	2.83	2.23

Man Shun Group (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.

Man Shun Group (Holdings) (HKSE:01746) 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.

Man Shun Group (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)
=	(88.37	+	0.75 * 48.449	+	0.5 * 2.225	-	20.885
-	0	-	0)	/	1000
=	0.10

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

Man Shun Group (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
	=	2.527	/	73.279	*	365 / 2
	=	6.29

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

Man Shun Group (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 )
	=	73.279	/	2.527
	=	29.00

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.

Man Shun Group (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 )
	=	2.527	/	83.098
	=	0.03

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.

Man Shun Group (Holdings) Total Inventories Related Terms

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

Man Shun Group (Holdings) (HKSE:01746) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Man Shun Group (Holdings) Ltd (HKSE:01746) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nos. 23-39 Pak Tin Par Street, Room 1908, 19th Floor, Cheung Fung Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.manshungroup.com.hk

Man Shun Group (Holdings) Ltd is an engineering and construction service provider in Hong Kong. It mainly provides HVAC electrical and mechanical (E and M) engineering services for new residential property development projects through installation services only. HVAC E and M engineering services typically involve the installation of HVAC systems, which refers to heat, ventilation and air-conditioning systems.

Executives

Prime Pinnacle Limited	2101 Beneficial owner
Chan Ho Fung	2202 Interest of your spouse
Cheng Phyllis Woon Kink	2202 Interest of your spouse
Cheung Yuen Chau	2201 Interest of corporation controlled by you
Cheung Yuen Tung	2201 Interest of corporation controlled by you

Man Shun Group (Holdings) (HKSE:01746) Headlines

No Headlines