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Gemilang International (HKSE:06163) Total Inventories : HK$99.6 Mil (As of Apr. 2024)


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What is Gemilang International Total Inventories?

Gemilang International's total inventories for the quarter that ended in Apr. 2024 was HK$99.6 Mil. Gemilang International's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Apr. 2024 was HK$96.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gemilang International's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was HK$-0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gemilang International's Days Inventory for the six months ended in Apr. 2024 was 346.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gemilang International's Inventory Turnover for the quarter that ended in Apr. 2024 was 0.53.

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. Gemilang International's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 1.40.


Gemilang International Total Inventories Historical Data

The historical data trend for Gemilang International'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.

Gemilang International Total Inventories Chart

Gemilang International Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 141.47 149.40 118.95 111.83 93.57

Gemilang International Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 140.23 111.83 122.43 93.57 99.60

Gemilang International 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.


Gemilang International  (HKSE:06163) 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.

Gemilang International's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2024 is

Net-Net Working Capital Per Share (Q: Apr. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(26.068+0.75 * 26.412+0.5 * 99.596-141.129
-0--0.204)/251.364
=-0.18

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

Gemilang International's Days Inventory for the six months ended in Apr. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2024 )/Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=96.585/50.875*365 / 2
=346.47

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

Gemilang International's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2024 ) / Average Total Inventories (Q: Apr. 2024 )
=50.875 / 96.585
=0.53

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.

Gemilang International's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=96.585 / 69.01
=1.40

* 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.


Gemilang International Total Inventories Related Terms

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Gemilang International Business Description

Traded in Other Exchanges
N/A
Address
Ptd 42326, Jalan Seelong, Mukim Senai, Senai, JHR, MYS, 81400
Gemilang International Ltd designs and manufactures bus bodies and assembles buses. The Group divides its target markets into two segments, namely core markets which comprise Singapore and Malaysia, and developing markets which comprise all other markets to where the Group exports its products to, including Australia, Hong Kong, the USA and Uzbekistan. The Group's buses, comprising city buses and coaches in aluminium, mainly serve public and private bus transportation operators in its target markets. The Group's products mainly include single deck, double deck and articulated city buses, as well as single deck, double deck and high deck coaches. It derives a majority of revenue from Singapore.
Executives
Low Poh Teng 2202 Interest of your spouse
Pang Chong Yong 2101 Beneficial owner
Kan Suk Ping 2101 Beneficial owner
Golden Castle Investments Limited 2101 Beneficial owner
Gold-face Finance Limited 2106 Person having a security interest in shares
Upbest Group Limited 2201 Interest of corporation controlled by you

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