Renrui Human Resources Technology Holdings (HKSE:06919) Total Inventories : HK$0 Mil (As of Jun. 2024)

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What is Renrui Human Resources Technology Holdings Total Inventories?

Renrui Human Resources Technology Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$0 Mil. Renrui Human Resources Technology Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Renrui Human Resources Technology Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$1.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Renrui Human Resources Technology Holdings's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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

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. Renrui Human Resources Technology Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Renrui Human Resources Technology Holdings Total Inventories Historical Data

The historical data trend for Renrui Human Resources Technology Holdings'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.

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Renrui Human Resources Technology Holdings Total Inventories Chart

Renrui Human Resources Technology Holdings Annual Data

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Total Inventories

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Renrui Human Resources Technology Holdings Semi-Annual Data
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Total Inventories	Get a 7-Day Free Trial										-	-	-	-	-

Renrui Human Resources Technology Holdings 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.

Renrui Human Resources Technology Holdings (HKSE:06919) 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.

Renrui Human Resources Technology Holdings'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)
=	(323.776	+	0.75 * 1643.432	+	0.5 * 0	-	1027.182
-	0	-	236.34)	/	156.7
=	1.87

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

Renrui Human Resources Technology Holdings'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
	=	0	/	2424.275	*	365 / 2
	=	0.00

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

Renrui Human Resources Technology Holdings'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 )
	=	2424.275	/	0
	=	N/A

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.

Renrui Human Resources Technology Holdings'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 )
	=	0	/	2672.356
	=	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.

Renrui Human Resources Technology Holdings Total Inventories Related Terms

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Renrui Human Resources Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Renrui Human Resources Technology Holdings Ltd (HKSE:06919) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

No. 688 Mid-Section Tianfu Avenue, No. 601, 602, 603, 6th Floor, Block 3, Chengdu High-tech Zone, Free Trade Pilot Zone, Sichuan, Chengdu, CHN

Website

https://www.renruihr.com

Renrui Human Resources Technology Holdings Ltd is a fast-growing Chinese HR company offering flexible staffing, Its segments include Comprehensive flexible staffing, and Professional recruitment, and other HR solutions. The company generates a majority of its revenue from the Comprehensive Flexible Staffing segment, which mainly includes general service outsourcing, digital technology and cloud services, digital operations, and customer services.

Executives

Wang Fen	2202 Interest of your spouse
Wu Qi	2202 Interest of your spouse
Zhang Feng	2103 Interests held jointly with another person
Zhang Jianguo	2103 Interests held jointly with another person
Zhang Jianmei	2103 Interests held jointly with another person
Chen Bin	2202 Interest of your spouse
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Vms Strategic Investment Gp Limited	2201 Interest of corporation controlled by you
Vms Strategic Investment Fund, L.p.	2101 Beneficial owner
Ming Feng Holdings Limited	2101 Beneficial owner
Vms Auto Italia Fin Services Holdings Limited	2201 Interest of corporation controlled by you
Fidelity China Special Situations Plc	2101 Beneficial owner
Fil Limited	2201 Interest of corporation controlled by you

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