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Sanxun Holdings Group (HKSE:06611) Total Inventories : HK$7,984 Mil (As of Jun. 2024)


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What is Sanxun Holdings Group Total Inventories?

Sanxun Holdings Group's total inventories for the quarter that ended in Jun. 2024 was HK$7,984 Mil. Sanxun Holdings Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$8,412 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sanxun Holdings Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-8.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sanxun Holdings Group's Days Inventory for the six months ended in Jun. 2024 was 1,598.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanxun Holdings Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.11.

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. Sanxun Holdings Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 8.51.


Sanxun Holdings Group Total Inventories Historical Data

The historical data trend for Sanxun Holdings Group'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.

Sanxun Holdings Group Total Inventories Chart

Sanxun Holdings Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 10,839.46 14,459.35 14,933.86 11,267.31 8,839.22

Sanxun Holdings Group Semi-Annual Data
Dec18 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 13,628.51 11,267.31 9,269.05 8,839.22 7,983.99

Sanxun Holdings Group 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.


Sanxun Holdings Group  (HKSE:06611) 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.

Sanxun Holdings Group'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)
=(28.002+0.75 * 19.038+0.5 * 7983.994-8924.439
-0-1017.697)/675.529
=-8.75

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

Sanxun Holdings Group'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
=8411.6055/960.108*365 / 2
=1,598.90

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

Sanxun Holdings Group'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 )
=960.108 / 8411.6055
=0.11

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.

Sanxun Holdings Group'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 )
=8411.6055 / 988.209
=8.51

* 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.


Sanxun Holdings Group Total Inventories Related Terms

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Sanxun Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
Yanzihe Road and Innovation Avenue, Room 1702, Building A, High tech Zone, Auhui Province, Hefei, CHN
Sanxun Holdings Group Ltd real estate developer. It focuses on the development and sales of residential properties. The company has a portfolio of 46 projects some of which are Suzhou-Lingbi Qingfeng, Suzhou-National Construction Elegance, Wuxi-Xishan Qingfeng, Wuxi-Pickup Printing, Nanjing Ruyi County, and Nanjing-Heyue Lanting.
Executives
An Juan 2202 Interest of your spouse
Qian Kun 2201 Interest of corporation controlled by you
Q Kun Ltd. 2101 Beneficial owner
Bing L Ltd. 2101 Beneficial owner
Juan L Ltd. 2101 Beneficial owner
Qian Bing 2201 Interest of corporation controlled by you

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