Yadong Group Holdings (HKSE:01795) Total Inventories : HK$129 Mil (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Yadong Group Holdings Total Inventories?

Yadong Group Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$129 Mil. Yadong Group Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$132 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Yadong Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yadong Group Holdings's Days Inventory for the six months ended in Jun. 2024 was 52.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yadong Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.48.

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. Yadong Group Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.25.

Yadong Group Holdings Total Inventories Historical Data

The historical data trend for Yadong 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.

Yadong Group Holdings Total Inventories Chart

Yadong Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

Get a 7-Day Free Trial

88.02

156.63

211.02

133.78

128.09

Yadong Group Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	Get a 7-Day Free Trial								211.02	165.87	133.78	129.22	128.09

Yadong 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.

Yadong Group Holdings (HKSE:01795) 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.

Yadong Group 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)
=	(91.459	+	0.75 * 274.969	+	0.5 * 129.224	-	462.747
-	0	-	0)	/	600.000
=	-0.17

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

Yadong Group 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
	=	131.503	/	457.051	*	365 / 2
	=	52.51

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

Yadong Group 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 )
	=	457.051	/	131.503
	=	3.48

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.

Yadong Group 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 )
	=	131.503	/	517.876
	=	0.25

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.

Yadong Group Holdings Total Inventories Related Terms

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

Yadong Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yadong Group Holdings Ltd (HKSE:01795) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

No. 381, Laodong East Road, Tianning District, Jiangsu Province, Changzhou, CHN

Website

https://www.yadongtextile.com

Yadong Group Holdings Ltd is engaged in designing, processing, and sale of textile fabric products. It is also engaged in the provision of just processing services. The company's textile fabric products are categorized into two broad types, namely plain weave fabrics, and corduroy fabrics. The company sells its textile fabric products mainly to garment manufacturers as well as trading companies. The company's textile fabric products are mainly sold or distributed in the PRC which is its key revenue generating market, Japan, and certain other markets in Asia, such as Taiwan, Vietnam, Bangladesh and Indonesia.

Executives

Oriental Ever Holdings Limited	2101 Beneficial owner
Xue Liang	2201 Interest of corporation controlled by you
Hu Beixia	2202 Interest of your spouse
Xue Shidong	2201 Interest of corporation controlled by you

Yadong Group Holdings Headlines

No Headlines