GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Redsun Properties Group Ltd (HKSE:01996) » Definitions » Total Inventories

Redsun Properties Group (HKSE:01996) Total Inventories : HK$23,843 Mil (As of Jun. 2024)


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

What is Redsun Properties Group Total Inventories?

Redsun Properties Group's total inventories for the quarter that ended in Jun. 2024 was HK$23,843 Mil. Redsun Properties Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$26,330 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Redsun Properties Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-16.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Redsun Properties Group's Days Inventory for the six months ended in Jun. 2024 was 815.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Redsun Properties Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.22.

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. Redsun Properties Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 4.07.


Redsun Properties Group Total Inventories Historical Data

The historical data trend for Redsun Properties 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.

Redsun Properties Group Total Inventories Chart

Redsun Properties Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62,042.88 67,855.98 46,875.80 28,816.46 19,027.60

Redsun Properties Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 46,875.80 42,429.09 28,816.46 23,842.69 19,027.60

Redsun Properties 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.


Redsun Properties Group  (HKSE:01996) 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.

Redsun Properties Group'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)
=(2321.52+0.75 * 6.615+0.5 * 23842.685-59064.406
-0-10146.431)/3338.614
=-16.46

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

Redsun Properties Group'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
=26329.5745/5893.441*365 / 2
=815.34

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

Redsun Properties Group'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 )
=5893.441 / 26329.5745
=0.22

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.

Redsun Properties Group'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 )
=26329.5745 / 6466.19
=4.07

* 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.


Redsun Properties Group Total Inventories Related Terms

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


Redsun Properties Group Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Daqiao North Road, 26th Floor, Hong Yang Building, Pukou District, Jiangsu Province, Nanjing, CHN
Redsun Properties Group Ltd is a China-based company engages in the property development and commercial real estate business. It's business operations consist of three principal business segments: Property Development and Sales; Commercial Property Investment and Operations; and Hotel Operations. The company derived its revenue from sale of its developed residential properties and supporting retail properties, rental income from the investment in and operation of commercial properties, and service fee income from its hotel operaTions.
Executives
Hong Yang Group (holdings) Limited 2201 Interest of corporation controlled by you
Hong Yang Group Company Limited 2201 Interest of corporation controlled by you
Hong Yang International Limited 2201 Interest of corporation controlled by you
Redsun Properties Group (holdings) Limited 2101 Beneficial owner
Chen Sihong 2202 Interest of your spouse
Zeng Huansha 2201 Interest of corporation controlled by you

Redsun Properties Group Headlines

No Headlines