Tycoon Group Holdings (HKSE:03390) Total Inventories : HK$160.2 Mil (As of Jun. 2024)

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What is Tycoon Group Holdings Total Inventories?

Tycoon Group Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$160.2 Mil. Tycoon Group Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$150.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tycoon Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tycoon Group Holdings's Days Inventory for the six months ended in Jun. 2024 was 84.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tycoon Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.17.

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. Tycoon Group Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.35.

Tycoon Group Holdings Total Inventories Historical Data

The historical data trend for Tycoon 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.

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Tycoon Group Holdings Total Inventories Chart

Tycoon Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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84.07

125.34

303.21

341.82

141.35

Tycoon Group Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial								327.91	341.82	426.20	141.35	160.17

Tycoon 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.

Tycoon Group Holdings (HKSE:03390) 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.

Tycoon Group 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)
=	(45.267	+	0.75 * 242.426	+	0.5 * 160.169	-	468.159
-	0	-	7.428)	/	800
=	-0.21

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

Tycoon Group 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
	=	150.757	/	327.202	*	365 / 2
	=	84.09

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

Tycoon Group 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 )
	=	327.202	/	150.757
	=	2.17

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.

Tycoon Group 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 )
	=	150.757	/	435.01
	=	0.35

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.

Tycoon Group Holdings Total Inventories Related Terms

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Tycoon Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Tycoon Group Holdings Ltd (HKSE:03390) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

38 - 40 Au Pui Wan Street, Room 14, 8th Floor Wah Wai Centre, Shatin, New Territories, Hong Kong, HKG

Website

https://www.tycoongroup.com.hk

Tycoon Group Holdings Ltd provides a variety of PCM, health supplements, skin care, personal care, and other healthcare products, predominantly selling and distributing such products in Hong Kong. The company operates in three segments, namely the Distribution segment which includes the operation of distributing products to chain retailers, non-chain retailers and traders; the E-Commerce segment which includes the operation of online stores and distribution to e-commerce customers; and the Retail Stores segment which includes the operation of retail stores. It generates maximum revenue from Distribution segment.

Executives

Wong Ka Chun Michael
Ngai Sze Kei
Tycoon Empire Investment Limited
Jacobson Group Treasury Limited	2101 Beneficial owner
Sum Kwong Yip, Derek	2307 Founder of a discretionary trust who can infl
Ubs Trustees (b.v.i.) Limited	2201 Interest of corporation controlled by you
Kingshill Development Limited	2201 Interest of corporation controlled by you
Kingshill Development Group Inc	2201 Interest of corporation controlled by you
Jacobson Pharma Group (bvi) Limited	2201 Interest of corporation controlled by you
Jacobson Pharma Corporation Limited	2201 Interest of corporation controlled by you
Crh (pharmaceutical) Limited	2201 Interest of corporation controlled by you
Crc Bluesky Limited	2201 Interest of corporation controlled by you
China Resources Pharmaceutical Retail Group Limited	2106 Person having a security interest in shares
China Resources Pharmaceutical Group Limited	2201 Interest of corporation controlled by you
China Resources Inc.	2201 Interest of corporation controlled by you

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