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Ronshine China Holdings (HKSE:03301) Total Inventories : HK$74,965 Mil (As of Jun. 2024)


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What is Ronshine China Holdings Total Inventories?

Ronshine China Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$74,965 Mil. Ronshine China Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$81,325 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ronshine China Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-62.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ronshine China Holdings's Days Inventory for the six months ended in Jun. 2024 was 1,221.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ronshine China Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.15.

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. Ronshine China Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 5.32.


Ronshine China Holdings Total Inventories Historical Data

The historical data trend for Ronshine China 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.

Ronshine China Holdings Total Inventories Chart

Ronshine China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136,837.77 159,043.22 179,183.32 130,611.19 87,685.65

Ronshine China Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only 156,984.77 130,611.19 117,522.32 87,685.65 74,964.94

Ronshine China 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.


Ronshine China Holdings  (HKSE:03301) 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.

Ronshine China 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)
=(2851.182+0.75 * 78.27+0.5 * 74964.939-120012.794
-0-25355.448)/1683.43
=-62.36

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

Ronshine China 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
=81325.294/12154.403*365 / 2
=1,221.11

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

Ronshine China 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 )
=12154.403 / 81325.294
=0.15

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.

Ronshine China 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 )
=81325.294 / 15289.574
=5.32

* 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.


Ronshine China Holdings Total Inventories Related Terms

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Ronshine China Holdings Business Description

Traded in Other Exchanges
Address
Lane 77, Shangkun Road, Tower 2, Ronshine Sunkwan Center, Minhang District, Shanghai, CHN, 200336
Ronshine China Holdings Ltd is an investment holding company. The firm with its subsidiaries develops mid to high end residential and commercial properties in cities in the Western Taiwan straits economic zone, Yangtze river delta economic region and selected first and second-tier cities in the PRC. The company derives the majority of its revenues from sales of properties.
Executives
Ou Guofei 2307 Founder of a discretionary trust who can infl
Dingxin Company Limited 2101 Beneficial owner
Honesty Global Holdings Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Ou Zonghong 2305 Beneficiary of a trust
Xu Lixiang 2202 Interest of your spouse

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