GURUFOCUS.COM » STOCK LIST » Technology » Software » OneForce Holdings Ltd (HKSE:01933) » Definitions » Total Inventories

OneForce Holdings (HKSE:01933) Total Inventories : HK$67.4 Mil (As of Sep. 2024)


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

What is OneForce Holdings Total Inventories?

OneForce Holdings's total inventories for the quarter that ended in Sep. 2024 was HK$67.4 Mil. OneForce Holdings's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was HK$65.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. OneForce Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OneForce Holdings's Days Inventory for the six months ended in Sep. 2024 was 65.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. OneForce Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.80.

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. OneForce Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.32.


OneForce Holdings Total Inventories Historical Data

The historical data trend for OneForce 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.

OneForce Holdings Total Inventories Chart

OneForce Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.82 14.92 17.85 22.13 63.77

OneForce Holdings Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.94 22.13 46.15 63.77 67.43

OneForce 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.


OneForce Holdings  (HKSE:01933) 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.

OneForce Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(41.035+0.75 * 520.567+0.5 * 67.429-402.547
-0-0)/495.415
=0.13

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

OneForce Holdings's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=65.5995/183.655*365 / 2
=65.19

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

OneForce Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=183.655 / 65.5995
=2.80

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.

OneForce Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=65.5995 / 203.287
=0.32

* 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.


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.


OneForce Holdings Total Inventories Related Terms

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


OneForce Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 9, 3rd Shang Di Street, 9th Floor, Tower E, Jia Hua Mansion, Haidian District, Beijing, CHN
OneForce Holdings Ltd is engaged in the design, implementation, enhancement, and upgrades of software systems and the provision of technical services and hardware for the power grid and distribution companies in the People's Republic of China. Its operating segments include Software and solutions; Technical Services, and Products. The company generates maximum revenue from the Technical services segment which engages in the provision of maintenance services on the software systems sold. Geographically, it operates in the People's Republic of China.
Executives
Trident Trust Company (cayman) Limited 2301 Trustee
Cao Mingda 2307 Founder of a discretionary trust who can infl
Toplight Management Limited 2201 Interest of corporation controlled by you
Pang Ziqian 2202 Interest of your spouse
Long Eagle International Limited
China Construction Bank Corporation 2201 Interest of corporation controlled by you
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Great Attain International Limited 2101 Beneficial owner
Wang Dongbin 2201 Interest of corporation controlled by you
Xiong Weiqin 2202 Interest of your spouse
Cao Wei 2201 Interest of corporation controlled by you
Smart East Limited 2201 Interest of corporation controlled by you
Wang Jiangping 2202 Interest of your spouse
An Ning 2202 Interest of your spouse
Zhang Jianhua 2202 Interest of your spouse

OneForce Holdings Headlines

No Headlines