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Sanergy Group (HKSE:02459) Total Inventories : HK$344.1 Mil (As of Jun. 2024)


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What is Sanergy Group Total Inventories?

Sanergy Group's total inventories for the quarter that ended in Jun. 2024 was HK$344.1 Mil. Sanergy Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$394.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sanergy Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sanergy Group's Days Inventory for the six months ended in Jun. 2024 was 229.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanergy Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.80.

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. Sanergy Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.57.


Sanergy Group Total Inventories Historical Data

The historical data trend for Sanergy 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.

Sanergy Group Total Inventories Chart

Sanergy Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 720.96 420.31 474.74 456.26 445.35

Sanergy Group Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only 493.31 456.26 503.55 445.35 344.14

Sanergy 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.


Sanergy Group  (HKSE:02459) 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.

Sanergy 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)
=(186.026+0.75 * 112.269+0.5 * 344.14-596.489
-0-0)/1010
=-0.15

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

Sanergy 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
=394.743/314.079*365 / 2
=229.37

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

Sanergy 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 )
=314.079 / 394.743
=0.80

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.

Sanergy 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 )
=394.743 / 250.709
=1.57

* 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.


Sanergy Group Total Inventories Related Terms

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Sanergy Group Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, China Resources Building, Room 2602, 26th Floor, Wanchai, Hong Kong, HKG
Sanergy Group Ltd is a manufacturer of UHP graphite electrodes. The company sells the products to automotive, infrastructure, construction, appliance, machinery, equipment, and transportation industries. Geographically, the company operates in the Americas, Europe, the Middle East and Africa, the People's Republic of China, and Asia Pacific excluding the PRC.
Executives
Otautahi Capital Inc. 2101 Beneficial owner
Otautahi Enterprises Trust Company Limited 2301 Trustee
Otautahi Holdings Limited 2201 Interest of corporation controlled by you
Hou Haolong 2501 Other

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