Fire Rock Holdings (HKSE:01909) Total Inventories : HK$0.0 Mil (As of Jun. 2024)

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What is Fire Rock Holdings Total Inventories?

Fire Rock Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$0.0 Mil. Fire Rock Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fire Rock Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fire Rock 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. Fire Rock Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Fire Rock Holdings Total Inventories Historical Data

The historical data trend for Fire Rock 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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Fire Rock Holdings Total Inventories Chart

Fire Rock Holdings Annual Data

Trend

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Total Inventories

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Fire Rock Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Fire Rock 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.

Fire Rock Holdings (HKSE:01909) 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.

Fire Rock 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)
=	(61.831	+	0.75 * 16.236	+	0.5 * 0	-	10.014
-	0	-	8.552)	/	3840
=	0.01

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

Fire Rock 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	/	10.783	*	365 / 2
	=	0.00

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

Fire Rock 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 )
	=	10.783	/	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.

Fire Rock 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	/	62.999
	=	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.

Fire Rock Holdings Total Inventories Related Terms

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Fire Rock Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Fire Rock Holdings Ltd (HKSE:01909) » Definitions » Total Inventories

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Address

20 Science Park Road, Unit 02–25 Teletech Park, Singapore, SGP, 117674

Website

http://www.firerock.hk

Fire Rock Holdings Ltd is an investment holding company engaged in the development of browser and mobile games. It is also involved in game design, programming, and graphics and licensing game products to other game operators. Its segments are Game & software development and Game operation. The company offers games in different language versions. The games of the company include g-game, number drop, kings and legends, heroines of three kingdoms and hero's crown, and much more. It generates the majority of its revenue from the Game operation and publishing segment.

Executives

Zhang Yan	2201 Interest of corporation controlled by you
Sulfulon International Limited	2101 Beneficial owner
Hu Po	2101 Beneficial owner
Zhang Xiongfeng	2101 Beneficial owner

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