Differ Group Auto (HKSE:06878) Total Inventories: HK$3,504 Mil (As of Jun. 2024)

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HKSE:06878 Differ Group Auto Ltd HKSE:06878
4 GF Score
Price HK$0.04
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What is Differ Group Auto Total Inventories?

Differ Group Auto HKSE:06878 4 Total Inventories is HK$3,504 Mil as of Jun. 2024. GuruFocus rates HKSE:06878 with a GF Score™ of 4/100.

Differ Group Auto's total inventories for the quarter that ended in Jun. 2024 was HK$3,504 Mil. Differ Group Auto's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$3,439 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Differ Group Auto's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-4.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Differ Group Auto's Days Inventory for the six months ended in Jun. 2024 was 2,941.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Differ Group Auto's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.06.

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. Differ Group Auto's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 16.73.


Differ Group Auto  (HKSE:06878) 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.

Differ Group Auto'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)
=(421.724+0.75 * 104.259+0.5 * 3503.501-6559.389
-0-0)/939.424
=-4.59

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

Differ Group Auto'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
=3439.267/213.384*365 / 2
=2,941.49

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

Differ Group Auto'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 )
=213.384 / 3439.267
=0.06

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.

Differ Group Auto'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 )
=3439.267 / 205.533
=16.73

* 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.


Differ Group Auto Total Inventories Related Terms


Differ Group Auto Total Inventories Historical Data

* Premium members only.

The historical data trend for Differ Group Auto'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.

Differ Group Auto Total Inventories Chart

Differ Group Auto Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,410.97 3,783.18 4,666.01 4,329.91 3,375.03

Differ Group Auto 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 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 4,590.26 4,329.91 3,754.17 3,375.03 3,503.50
HKSE:06878
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Differ Group Auto Ltd HKSE:06878
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Differ Group Auto 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of HK$3,504 Mil mean?
Differ Group Auto (HKSE:06878) has a Total Inventories of HK$3,504 Mil as of Jun. 2024. The total amount of inventory as recorded on a company's balance sheet. View historical data for Differ Group Auto and its competitors.
Is Differ Group Auto's Total Inventories too high?
Differ Group Auto's current Total Inventories is HK$3,504 Mil. Overall, Differ Group Auto has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Differ Group Auto's Total Inventories compare to V and MA?
Differ Group Auto's Total Inventories of HK$3,504 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Credit Services company?
A good Total Inventories depends on the Credit Services industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Differ Group Auto and its competitors. Differ Group Auto's current Total Inventories is HK$3,504 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Differ Group Auto stock overvalued right now?
Differ Group Auto (HKSE:06878) has a current Total Inventories of HK$3,504 Mil. The current Total Inventories is HK$3,504 Mil. Differ Group Auto's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Differ Group Auto (HKSE:06878), the current Total Inventories is HK$3,504 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Differ Group Auto Business Description

Address No. 503 Gaolin Middle Road, 33th Floor, Differ Fortune Centre, Huli District, Fujian Province, Xiamen, CHN
Differ Group Auto Ltd, formerly Differ Group Holding Company Limited, is a China-based investment holding company. The Company conducts its businesses primarily through four segments. The Financial Services segment is principally engaged in the provision of guarantee services, express loan services, advisory services, financial leasing services, financial securities services and asset management. The Property Development and Investment segment is principally engaged in the operation of property development projects and property investment activities. The Commodity Trading segment is mainly engaged in the trading of commodities. The Automotive E-commerce segment is principally engaged in the operation of online automotive e-commerce platforms.
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