Microware Group (HKSE:01985) Total Inventories : HK$63 Mil (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Microware Group Total Inventories?

Microware Group's total inventories for the quarter that ended in Sep. 2024 was HK$63 Mil. Microware Group's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was HK$87 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Microware Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$-0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Microware Group's Days Inventory for the six months ended in Sep. 2024 was 24.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Microware Group's Inventory Turnover for the quarter that ended in Sep. 2024 was 7.51.

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. Microware Group's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.12.

Microware Group Total Inventories Historical Data

The historical data trend for Microware Group'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.

Microware Group Total Inventories Chart

Microware Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

Get a 7-Day Free Trial

39.10

53.81

55.20

58.22

111.48

Microware Group Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Inventories	Get a 7-Day Free Trial															55.29	58.22	68.03	111.48	62.66

Microware Group 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.

Microware Group (HKSE:01985) 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.

Microware Group'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)
=	(89.723	+	0.75 * 328.433	+	0.5 * 62.658	-	445.7
-	0	-	0)	/	300.000
=	-0.26

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

Microware Group'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
	=	87.069	/	654.021	*	365 / 2
	=	24.30

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

Microware Group'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 )
	=	654.021	/	87.069
	=	7.51

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.

Microware Group'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 )
	=	87.069	/	720.738
	=	0.12

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.

Microware Group Total Inventories Related Terms

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

Microware Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Microware Group Ltd (HKSE:01985) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

44-46 Hung To Road, 1st Floor, Century Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.microware1985.com

Microware Group Ltd is an investment holding company. The company is principally engaged in the provision of IT infrastructure solutions services and IT managed services in Hong Kong. The group strives to provide one-stop IT experience that begins with consultation and advice; semiconductor products, hardware and/or software procurement; implementation; and management and maintenance of the IT infrastructure solutions. Its operating segment includes IT infrastructure solution services business and IT managed services business of which the majority of revenue is derived from IT infrastructure solution services business. Its revenue is derived from its operation in Hong Kong.

Executives

Wang Guangbo	2101 Beneficial owner
Chen Jianyong
Tang Huangju	2101 Beneficial owner
Yang Peter Shun Tsing	2201 Interest of corporation controlled by you
Microware International Holdings Limited	2101 Beneficial owner
Weiye Holdings Group Limited
Well Mount Holdings Limited	2301 Trustee
Yang Peter Shun Tsing	2201 Interest of corporation controlled by you
Yang Shun Tsing Peter	2201 Interest of corporation controlled by you
Liu Yun	2101 Beneficial owner
Han Shaoye	2101 Beneficial owner

Microware Group Headlines

No Headlines