Easy Smart Group Holdings (HKSE:02442) Total Inventories : HK$0.0 Mil (As of Jun. 2024)

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What is Easy Smart Group Holdings Total Inventories?

Easy Smart Group Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$0.0 Mil. Easy Smart Group Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Easy Smart Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Easy Smart Group Holdings's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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

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. Easy Smart Group Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Easy Smart Group Holdings Total Inventories Historical Data

The historical data trend for Easy Smart 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.

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Easy Smart Group Holdings Total Inventories Chart

Easy Smart Group Holdings Annual Data

Trend

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Jun24

Total Inventories

Easy Smart Group Holdings Semi-Annual Data
	Jun20	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial			-	-	-	-	-

Easy Smart 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.

Easy Smart Group Holdings (HKSE:02442) 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.

Easy Smart 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)
=	(158.011	+	0.75 * 11.205	+	0.5 * 0	-	26.185
-	0	-	0)	/	408
=	0.34

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

Easy Smart 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
	=	0	/	151.139	*	365 / 2
	=	0.00

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

Easy Smart 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 )
	=	151.139	/	0
	=	N/A

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.

Easy Smart 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 )
	=	0	/	176.005
	=	0.00

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.

Easy Smart Group Holdings Total Inventories Related Terms

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Easy Smart Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Easy Smart Group Holdings Ltd (HKSE:02442) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

135-137 Tung Chau Street, Unit A, 10th Floor, Ming Tak Centre, Kowloon, Hong Kong, HKG

Website

https://www.easysmart.com.hk

Easy Smart Group Holdings Ltd operates as a subcontractor specializing in passive fire protection works in Hong Kong. Its passive fire protection works generally involve the design, selection, procurement, and installation of appropriate materials and components in a building to reduce or prevent the spread and effects of fire, heat, or smoke without requiring detection or activation upon detection. The Group has two principal activities: the provision of passive fire protection works and the provision of passive fire protection information services.

Executives

Lofty Profit Investments Limited	2101 Beneficial owner
Ng Wing Woon Dave	2201 Interest of corporation controlled by you
Wong Kwai Ying	2202 Interest of your spouse

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