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Golden Faith Group Holdings (HKSE:02863) Total Inventories : HK$0.0 Mil (As of Mar. 2024)


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What is Golden Faith Group Holdings Total Inventories?

Golden Faith Group Holdings's total inventories for the quarter that ended in Mar. 2024 was HK$0.0 Mil. Golden Faith Group Holdings's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 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. Golden Faith Group Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was HK$0.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Golden Faith Group Holdings's Days Inventory for the six months ended in Mar. 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. Golden Faith Group Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Golden Faith Group Holdings Total Inventories Historical Data

The historical data trend for Golden Faith 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.

* Premium members only.

Golden Faith Group Holdings Total Inventories Chart

Golden Faith Group Holdings Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.83

Golden Faith Group Holdings Semi-Annual Data
Sep14 Sep15 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 Premium Member Only - - - - 9.83

Golden Faith 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.


Golden Faith Group Holdings  (HKSE:02863) 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.

Golden Faith Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(145.587+0.75 * 102.874+0.5 * 0-99.381
-0-10.67)/666.801
=0.17

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

Golden Faith Group Holdings's Days Inventory for the six months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=0/312.444*365 / 2
=0.00

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

Golden Faith Group Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=312.444 / 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.

Golden Faith Group Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 346.304
=0.00

* 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.


Golden Faith Group Holdings Total Inventories Related Terms

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Golden Faith Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
148 Connaught Road West, Room 3606, 36th floor, Singga Commercial Centre, Hong Kong, HKG
Golden Faith Group Holdings Ltd is an investment holding company. The company's operating segment includes Electric and maintenance engineering services.
Executives
Cheung Kam Fai 2101 Beneficial owner
Ko Chun Hay Kelvin 2101 Beneficial owner
Yung On Wah 2101 Beneficial owner
Greatly Success Investment Trading Limited 2101 Beneficial owner

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