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Ten Pao Group Holdings (HKSE:01979) Total Inventories : HK$783 Mil (As of Jun. 2024)


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What is Ten Pao Group Holdings Total Inventories?

Ten Pao Group Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$783 Mil. Ten Pao Group Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$755 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ten Pao Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ten Pao Group Holdings's Days Inventory for the six months ended in Jun. 2024 was 69.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ten Pao Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.61.

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. Ten Pao Group Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.31.


Ten Pao Group Holdings Total Inventories Historical Data

The historical data trend for Ten Pao 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.

Ten Pao Group Holdings Total Inventories Chart

Ten Pao 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 574.38 1,039.89 1,150.12 906.38 727.33

Ten Pao Group 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 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 1,026.34 906.38 651.67 727.33 783.02

Ten Pao 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.


Ten Pao Group Holdings  (HKSE:01979) 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.

Ten Pao Group 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)
=(232.449+0.75 * 1228.434+0.5 * 783.018-2512.138
-0--4.307)/1030.39
=-0.93

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

Ten Pao Group 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
=755.1735/1969.161*365 / 2
=69.99

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

Ten Pao Group 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 )
=1969.161 / 755.1735
=2.61

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.

Ten Pao Group 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 )
=755.1735 / 2471.011
=0.31

* 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.


Ten Pao Group Holdings Total Inventories Related Terms

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Ten Pao Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
151-153 Hoi Bun Road, Rooms 610-612, 6th Floor, Kwong Sang Hong Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Ten Pao Group Holdings Ltd is an investment holding company. It is engaged in the sales and manufacturing of switching power supply units for consumer products and smart chargers and controllers for industrial use. The operating segments of the company are telecommunication, media and entertainment, lighting, smart chargers and controllers, New energy Business, and others. Some of its products are USB chargers, wireless chargers, adapters, open-frame power supplies, led drivers, smart chargers and controllers, and power savers. Geographically, the group has a business presence in the PRC, Europe, Asia, the U.S., Africa, and Other regions, of which prime revenue is derived from the PRC.
Executives
Hung Kwong Yee 2201 Interest of corporation controlled by you
Even Joy Holdings Limited
Vistra Trust (bvi) Limited
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc 2101 Beneficial owner

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