Rizhao Port Jurong Co (HKSE:06117) Total Inventories : HK$1.5 Mil (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Rizhao Port Jurong Co Total Inventories?

Rizhao Port Jurong Co's total inventories for the quarter that ended in Jun. 2024 was HK$1.5 Mil. Rizhao Port Jurong Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$1.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Rizhao Port Jurong Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rizhao Port Jurong Co's Days Inventory for the six months ended in Jun. 2024 was 1.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rizhao Port Jurong Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 165.00.

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. Rizhao Port Jurong Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Rizhao Port Jurong Co Total Inventories Historical Data

The historical data trend for Rizhao Port Jurong Co'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.

Rizhao Port Jurong Co Total Inventories Chart

Rizhao Port Jurong Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

4.56

4.64

4.10

2.98

1.76

Rizhao Port Jurong Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial										3.03	2.98	1.82	1.76	1.47

Rizhao Port Jurong Co 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.

Rizhao Port Jurong Co (HKSE:06117) 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.

Rizhao Port Jurong Co'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)
=	(679.497	+	0.75 * 2.867	+	0.5 * 1.465	-	686.938
-	0	-	0)	/	1660
=	-0.00

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

Rizhao Port Jurong Co'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
	=	1.6135	/	266.235	*	365 / 2
	=	1.11

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

Rizhao Port Jurong Co'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 )
	=	266.235	/	1.6135
	=	165.00

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.

Rizhao Port Jurong Co'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 )
	=	1.6135	/	456.713
	=	0.00

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.

Rizhao Port Jurong Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Rizhao Port Jurong Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Rizhao Port Jurong Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Rizhao Port Jurong Co Ltd (HKSE:06117) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

Haibin 5th Road, South End, Donggang District, Shandong Province, Rizhao, CHN, 276826

Website

http://www.rzportjurong.com

Rizhao Port Jurong Co Ltd is engaged in port operation in Rizhao City, Shandong Province of the PRC, which includes handling grains, woodchips and dried tapioca along with berth leasing, port services such as warehousing, cargo storage, and related supporting business. It provides comprehensive port-related services, including stevedoring, berth leasing, port management, storage, and logistics agency services, mainly covering soybeans, dried tapioca, woodchips, maize, and vegetable oils. Geographically, it derives all of its revenue from China.

Executives

Jurong Port Pte Ltd	2201 Interest of corporation controlled by you
Jurong Port Rizhao Holding Pte Ltd	2101 Beneficial owner
Dong Fang Ji Jin Guan Li You Xian Ze Ren Gong Si

Rizhao Port Jurong Co Headlines

No Headlines