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Yuexiu Services Group (HKSE:06626) Total Inventories : HK$11 Mil (As of Dec. 2023)


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What is Yuexiu Services Group Total Inventories?

Yuexiu Services Group's total inventories for the quarter that ended in Dec. 2023 was HK$11 Mil. Yuexiu Services Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$11 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Yuexiu Services Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$1.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yuexiu Services Group's Days Inventory for the six months ended in Dec. 2023 was 1.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yuexiu Services Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 127.20.

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. Yuexiu Services Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.


Yuexiu Services Group Total Inventories Historical Data

The historical data trend for Yuexiu Services 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.

Yuexiu Services Group Total Inventories Chart

Yuexiu Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 0.76 1.07 1.25 7.04 11.24

Yuexiu Services 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 1.51 7.04 10.77 11.24 -

Yuexiu Services 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.


Yuexiu Services Group  (HKSE:06626) 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.

Yuexiu Services Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5100.955+0.75 * 627.308+0.5 * 11.244-3048.022
-0-192.368)/1522.03
=1.54

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

Yuexiu Services Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=11.008/1400.168*365 / 2
=1.43

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

Yuexiu Services Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1400.168 / 11.008
=127.20

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.

Yuexiu Services Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=11.008 / 1872.314
=0.01

* 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.


Yuexiu Services Group Total Inventories Related Terms

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Yuexiu Services Group Business Description

Traded in Other Exchanges
Address
160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services, and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.
Executives
Guangzhou Construction & Development Holdings (china) Limited
Yue Xiu Enterprises (holdings) Limited
Yuexiu Property Company Limited
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si
Guang Zhou Di Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Di Tie Tou Rong Zi Xiang Gang You Xian Gong Si 2101 Beneficial owner

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