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Howkingtech International Holding (HKSE:02440) Total Inventories : HK$3.4 Mil (As of Jun. 2023)


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What is Howkingtech International Holding Total Inventories?

Howkingtech International Holding's total inventories for the quarter that ended in Jun. 2023 was HK$3.4 Mil. Howkingtech International Holding's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was HK$4.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Howkingtech International Holding's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was HK$0.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Howkingtech International Holding's Days Inventory for the six months ended in Jun. 2023 was 5.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Howkingtech International Holding's Inventory Turnover for the quarter that ended in Jun. 2023 was 33.72.

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. Howkingtech International Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.03.

Howkingtech International Holding Total Inventories Historical Data

The historical data trend for Howkingtech International Holding'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.

Howkingtech International Holding Total Inventories Chart

Howkingtech International Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
2.29 3.64 3.07 6.28 1.64

Howkingtech International Holding Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 3.07 - 6.28 3.43 1.64

Howkingtech International Holding 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.

Howkingtech International Holding  (HKSE:02440) 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.

Howkingtech International Holding'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)
=(53.25+0.75 * 297.535+0.5 * 3.425-98.836
-0-0)/225
=0.80

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

Howkingtech International Holding'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
=4.85/163.565*365 / 2
=5.41

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

Howkingtech International Holding'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 )
=163.565 / 4.85
=33.72

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.

Howkingtech International Holding'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 )
=4.85 / 193.319
=0.03

* 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.

Howkingtech International Holding Total Inventories Related Terms

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Howkingtech International Holding (HKSE:02440) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Howkingtech International Holding Ltd (HKSE:02440) » Definitions » Total Inventories
Comparable Companies
HKSE:08167 HKSE:08645 HKSE:01723 HKSE:00524 HKSE:08337 SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL TSE:9433 HKSE:00728 CHTR TSE:9984 TSE:9434 AMX B SAU:7010
Traded in Other Exchanges
N/A
Address
No. 9, East Mozhou Road, Jiangning Economic and Technological Development Zone, Building B4, Nanjing, CHN
Website
http://www.howkingtech.com
Howkingtech International Holding Ltd is a provider for data transmission and processing services for IoT applications and telecommunication equipment in China, serving a broad range of industrial customers. It mainly provides customized data transmission and processing services to customers in manufacturing, municipal services and other industries in China, and research, develop and sell telecommunication equipment.
Executives
Wang Zheshi 2101 Beneficial owner
Chen Ping 2202 Interest of your spouse
Howkingtech Holding Limited 2101 Beneficial owner
Jin Yan 2201 Interest of corporation controlled by you
Ban Lifeng 2201 Interest of corporation controlled by you
Xie Xiongqing 2201 Interest of corporation controlled by you
Ye Xiang 2201 Interest of corporation controlled by you
Ding Di 2201 Interest of corporation controlled by you
Wu Chak Man 2101 Beneficial owner
Ning Bo Hui Xin Zhi Yuan Tou Zi Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Ning Bo Xin Hui Qian Hai Gu Quan Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Jin Yuan Zhang Fu Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Shen Zhen Hui Xin Qian Hai Gu Quan Tou Zi Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

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