Zhongliang Holdings Group Co (HKSE:02772) Total Inventories : HK$104,700 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Zhongliang Holdings Group Co Total Inventories?

Zhongliang Holdings Group Co's total inventories for the quarter that ended in Dec. 2023 was HK$104,700 Mil. Zhongliang Holdings Group Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$120,027 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zhongliang Holdings Group Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-35.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhongliang Holdings Group Co's Days Inventory for the six months ended in Dec. 2023 was 539.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongliang Holdings Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.34.

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. Zhongliang Holdings Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.91.

Zhongliang Holdings Group Co Total Inventories Historical Data

The historical data trend for Zhongliang Holdings Group Co'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.

Zhongliang Holdings Group Co Total Inventories Chart

Zhongliang Holdings Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

147,907.48

185,876.50

187,687.51

153,118.50

104,700.23

Zhongliang Holdings Group Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial									187,687.51	169,303.94	153,118.50	135,352.88	104,700.23

Zhongliang Holdings Group Co 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.

Zhongliang Holdings Group Co (HKSE:02772) 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.

Zhongliang Holdings Group Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11702.889	+	0.75 * 8.594	+	0.5 * 104700.232	-	168845.569
-	0	-	21339.114)	/	3581.79
=	-35.21

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

Zhongliang Holdings Group Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	120026.5575	/	40568.118	*	365 / 2
	=	539.95

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

Zhongliang Holdings Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	40568.118	/	120026.5575
	=	0.34

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.

Zhongliang Holdings Group Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	120026.5575	/	41305.775
	=	2.91

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.

Zhongliang Holdings Group Co Total Inventories Related Terms

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

Zhongliang Holdings Group Co (HKSE:02772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhongliang Holdings Group Co Ltd (HKSE:02772) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN

Website

https://www.zldcgroup.com

Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.

Executives

Yang Jian
Changxing International Co., Ltd
Changxing Pte. Ltd.
Liangzhong International Co., Ltd.
Ubs Group Ag	2201 Interest of corporation controlled by you
Xu Xiaoqun	2202 Interest of your spouse
Changxing Pte. Ltd.	2301 Trustee
Liangzhong international co., ltd.	2101 Beneficial owner

Zhongliang Holdings Group Co (HKSE:02772) Headlines

No Headlines