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China SCE Group Holdings (HKSE:01966) Total Inventories : HK$105,280 Mil (As of Jun. 2023)


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What is China SCE Group Holdings Total Inventories?

China SCE Group Holdings's total inventories for the quarter that ended in Jun. 2023 was HK$105,280 Mil. China SCE Group Holdings's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was HK$107,089 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China SCE Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was HK$-29.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China SCE Group Holdings's Days Inventory for the six months ended in Jun. 2023 was 2,223.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. China SCE Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.08.

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 SCE Group Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 10.33.


China SCE Group Holdings Total Inventories Historical Data

The historical data trend for China SCE 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.

China SCE Group Holdings Total Inventories Chart

China SCE Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63,602.39 85,880.94 120,177.88 108,897.27 98,441.40

China SCE Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only 120,177.88 109,981.51 108,897.27 105,280.36 98,441.40

China SCE 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.


China SCE Group Holdings  (HKSE:01966) 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 SCE Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(10018.763+0.75 * 407.447+0.5 * 105280.357-173433.311
-0-15721.127)/4222.99
=-29.88

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

China SCE Group Holdings's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=107088.8125/8789.593*365 / 2
=2,223.51

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

China SCE Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=8789.593 / 107088.8125
=0.08

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 SCE Group Holdings's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=107088.8125 / 10371.086
=10.33

* 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.


China SCE Group Holdings Total Inventories Related Terms

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China SCE Group Holdings (HKSE:01966) Business Description

Traded in Other Exchanges
Address
No. 2, Lane 1688, Shenchang Road, SCE Tower, Hongqiao Business District, Shanghai, CHN
China SCE Group Holdings Ltd is engaged in property development, commercial management, property management and long-term rental apartments business. The company has a regionally focused development strategy in the Yangtze River Delta Economic Zone, the Bohai Rim Economic Zone, the Guangdong-Hong Kong-Macao Greater Bay Area, the West Taiwan Strait Economic Zone and the Central Western Region. The group has property projects including high-rise residential buildings, offices, shopping malls and long-term rental apartments.
Executives
Wong Chiu Yeung 2201 Interest of corporation controlled by you
Newup Holdings Limited 2101 Beneficial owner
Rising Trade Holdings Limited 2101 Beneficial owner
Wealthy Gate Holdings Limited 2101 Beneficial owner
Chen Yuanlai 2201 Interest of corporation controlled by you
Cheng Hiu Lok 2201 Interest of corporation controlled by you
Keen Century Investments Limited 2101 Beneficial owner
East Waves Investments Limited 2101 Beneficial owner

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