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Sino-Ocean Group Holding (HKSE:03377) Total Inventories : HK$77,759 Mil (As of Jun. 2024)


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What is Sino-Ocean Group Holding Total Inventories?

Sino-Ocean Group Holding's total inventories for the quarter that ended in Jun. 2024 was HK$77,759 Mil. Sino-Ocean Group Holding's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$81,476 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sino-Ocean Group Holding's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-21.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sino-Ocean Group Holding's Days Inventory for the six months ended in Jun. 2024 was 1,061.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sino-Ocean Group Holding's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.17.

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. Sino-Ocean Group Holding's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 5.68.


Sino-Ocean Group Holding Total Inventories Historical Data

The historical data trend for Sino-Ocean Group Holding'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.

Sino-Ocean Group Holding Total Inventories Chart

Sino-Ocean Group Holding 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 89,490.28 112,295.93 130,889.67 107,241.61 85,192.73

Sino-Ocean Group Holding 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 114,424.53 107,241.61 92,262.66 85,192.73 77,759.38

Sino-Ocean Group Holding 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.


Sino-Ocean Group Holding  (HKSE:03377) 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.

Sino-Ocean Group Holding'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)
=(2512.079+0.75 * 5837.883+0.5 * 77759.381-195230.163
-0-14147.424)/7616.1
=-21.48

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

Sino-Ocean Group Holding'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
=81476.053/14012.982*365 / 2
=1,061.11

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

Sino-Ocean Group Holding'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 )
=14012.982 / 81476.053
=0.17

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.

Sino-Ocean Group Holding'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 )
=81476.053 / 14332.509
=5.68

* 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.


Sino-Ocean Group Holding Total Inventories Related Terms

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Sino-Ocean Group Holding Business Description

Traded in Other Exchanges
Address
56 Dongsihuanzhonglu, 31-33 Floor, Tower A, Ocean International Center, Chaoyang District, Beijing, CHN, 100025
Sino-Ocean Group Holding Ltd is a real estate company engaged in property development and property investment in China. The company focuses on mid-to-high-end residential property development, investment, and operation of urban property complexes and offices, property services, community O2O, senior living, medical care, shared offices, real estate funds, equity investments, asset management, and overseas investments. It operates in three segments; property development, property management, and property investment. Property development businesses are further segregated geographically into Beijing, Bohai Rim Region, Eastern China, Southern China, Central China, and Western China.
Executives
Da Jia Bao Xian Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
An Bang Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner

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