Confidence Intelligence Holdings (HKSE:01967) Total Inventories : HK$22.1 Mil (As of Jun. 2024)

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What is Confidence Intelligence Holdings Total Inventories?

Confidence Intelligence Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$22.1 Mil. Confidence Intelligence Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$20.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Confidence Intelligence Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Confidence Intelligence Holdings's Days Inventory for the six months ended in Jun. 2024 was 28.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Confidence Intelligence Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 6.35.

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. Confidence Intelligence Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.13.

Confidence Intelligence Holdings Total Inventories Historical Data

The historical data trend for Confidence Intelligence 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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Confidence Intelligence Holdings Total Inventories Chart

Confidence Intelligence Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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26.97

29.81

37.30

19.93

19.67

Confidence Intelligence 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									20.75	19.93	25.01	19.67	22.10

Confidence Intelligence 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.

Confidence Intelligence Holdings (HKSE:01967) 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.

Confidence Intelligence 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)
=	(76.206	+	0.75 * 51.032	+	0.5 * 22.096	-	91.95
-	0	-	13.535)	/	250
=	0.08

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

Confidence Intelligence 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
	=	20.885	/	132.583	*	365 / 2
	=	28.75

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

Confidence Intelligence 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 )
	=	132.583	/	20.885
	=	6.35

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.

Confidence Intelligence 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 )
	=	20.885	/	166.847
	=	0.13

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.

Confidence Intelligence Holdings Total Inventories Related Terms

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Confidence Intelligence Holdings Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuyong Street, No. 7 Building, New Development Zone, Baoan District, Baishixia, Shenzhen, CHN

Website

http://www.szxinken.com/cn

Confidence Intelligence Holdings Ltd is an electronic manufacturing services provider. It offers comprehensive assembling and production services of printed circuit board assembly in the PRC that integrate research and design, selection and procurement of raw materials, assembling of PCBAs, quality control, testing, logistics and aftersales services. The operating segments of the company comprises of Provision of EMS and Provision of Financial Application Platform and Platform Maintenance Services.

Executives

Yuan Shuntang	2201 Interest of corporation controlled by you
Central Wealth Limited	2101 Beneficial owner
Zhang Juan	2202 Interest of your spouse
Regan International Growth Fund Spc	2101 Beneficial owner
Regan Fund Management Company Limited	2102 Investment manager
Li Hao	2201 Interest of corporation controlled by you
Skyflying Company Limited	2101 Beneficial owner
Chen Juan	2202 Interest of your spouse
Realtime Limited	2101 Beneficial owner
Zhang Bizhong	2201 Interest of corporation controlled by you

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