China Oriented International Holdings (HKSE:01871) Total Inventories : HK$0.00 Mil (As of Jun. 2024)

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What is China Oriented International Holdings Total Inventories?

China Oriented International Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$0.00 Mil. China Oriented International Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China Oriented International 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. China Oriented International Holdings's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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

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. China Oriented International Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

China Oriented International Holdings Total Inventories Historical Data

The historical data trend for China Oriented International 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.

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China Oriented International Holdings Total Inventories Chart

China Oriented International Holdings Annual Data

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Total Inventories

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China Oriented International Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial									-	-	-	-	-

China Oriented International 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.

China Oriented International Holdings (HKSE:01871) 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.

China Oriented International 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)
=	(162.118	+	0.75 * 0.084	+	0.5 * 0	-	87.243
-	0	-	0)	/	435.958
=	0.17

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

China Oriented International 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
	=	0	/	15.841	*	365 / 2
	=	0.00

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

China Oriented International 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 )
	=	15.841	/	0
	=	N/A

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.

China Oriented International 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 )
	=	0	/	19.536
	=	0.00

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.

China Oriented International Holdings Total Inventories Related Terms

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China Oriented International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Oriented International Holdings Ltd (HKSE:01871) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

Baililiu Village, Zhutang Township, Suiping Count, Henan Province, Zhumadian, CHN

Website

http://www.china-oriented.com

China Oriented International Holdings Ltd is engaged in providing driving training services. It has two driving schools, namely, Shun Da School and Tong Tai School. Shun Da School offers driving training services for preparation for Driving Tests of small manual cars and Tong Tai School is a qualified level I driving school offering driving training services for preparation for driving tests of both Large Vehicles and Small Vehicles. The Group's operation is regarded as one reportable and operating segment which is provision of driving training services. All of the group's revenue is derived from the PRC.

Executives

Ample Star Global Limited	2101 Beneficial owner
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China Castson 81 Finance Company Limited	2101 Beneficial owner
Hui Ching Ping	2202 Interest of your spouse
Ling Wai Leung	2201 Interest of corporation controlled by you
Pu Xiong Tou Zi You Xian Gong Si	2101 Beneficial owner
Gao Dongju	2202 Interest of your spouse
Qi Xiangzhong	2201 Interest of corporation controlled by you
China Internet Investment Finance Holdings Limited	2201 Interest of corporation controlled by you
Shou Yue Kong Gu You Xian Gong Si	2101 Beneficial owner

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