Sinotruk (Hong Kong) (HKSE:03808) Total Inventories : HK$14,204 Mil (As of Jun. 2024)

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What is Sinotruk (Hong Kong) Total Inventories?

Sinotruk (Hong Kong)'s total inventories for the quarter that ended in Jun. 2024 was HK$14,204 Mil. Sinotruk (Hong Kong)'s average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$14,397 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sinotruk (Hong Kong)'s Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-9.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinotruk (Hong Kong)'s Days Inventory for the six months ended in Jun. 2024 was 58.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinotruk (Hong Kong)'s Inventory Turnover for the quarter that ended in Jun. 2024 was 3.12.

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. Sinotruk (Hong Kong)'s Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.27.

Sinotruk (Hong Kong) Total Inventories Historical Data

The historical data trend for Sinotruk (Hong Kong)'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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Sinotruk (Hong Kong) Total Inventories Chart

Sinotruk (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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10,917.44

24,670.03

20,408.39

15,077.95

14,589.26

Sinotruk (Hong Kong) 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															18,585.62	15,077.95	15,808.02	14,589.26	14,204.33

Sinotruk (Hong Kong) 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.

Sinotruk (Hong Kong) (HKSE:03808) 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.

Sinotruk (Hong Kong)'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)
=	(52836.157	+	0.75 * 15878.332	+	0.5 * 14204.326	-	91122.914
-	0	-	8293.929)	/	2760.99
=	-9.99

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

Sinotruk (Hong Kong)'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
	=	14396.7935	/	44853.654	*	365 / 2
	=	58.58

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

Sinotruk (Hong Kong)'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 )
	=	44853.654	/	14396.7935
	=	3.12

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.

Sinotruk (Hong Kong)'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 )
	=	14396.7935	/	52560.34
	=	0.27

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.

Sinotruk (Hong Kong) Total Inventories Related Terms

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Sinotruk (Hong Kong) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sinotruk (Hong Kong) Ltd (HKSE:03808) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

4SK:Germany

Address

No. 777 Hua’ao Road, Sinotruk Tower, Innovation Zone, Gaoxin District, Shandong Province, Ji’nan, CHN, 250101

Website

https://www.sinotruk.com

Sinotruk (Hong Kong) Ltd is an investment holding company. The company manages its business in four segments: Heavy Duty Trucks, which includes manufacture and sale of heavy-duty trucks, medium-heavy duty trucks, and related components; Light Duty Trucks & Others, which manufacture and sell of light-duty trucks, buses, etc. and related components; Engines segment manufactures engines & related parts; and Finance Segment. The vast majority of its revenue comes from the Heavy-duty trucks segment. Its geographical segments are Mainland China and Overseas.

Executives

Traton International S.a.	2201 Interest of corporation controlled by you
Volkswagen Finance Luxemburg S.a.	2201 Interest of corporation controlled by you
Shan Dong Zhong Gong Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Traton Se	2201 Interest of corporation controlled by you

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