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V & V Technology Holdings (HKSE:08113) Total Inventories : HK$99 Mil (As of Jun. 2024)


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What is V & V Technology Holdings Total Inventories?

V & V Technology Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$99 Mil. V & V Technology Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$104 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. V & V Technology Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.04.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. V & V Technology Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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.


V & V Technology Holdings Total Inventories Historical Data

The historical data trend for V & V 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.

* Premium members only.

V & V Technology Holdings Total Inventories Chart

V & V Technology Holdings 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 246.55 239.68 477.69 140.77 109.58

V & V Technology Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 136.99 - 109.58 99.00

V & V 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.


V & V Technology Holdings  (HKSE:08113) 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.

V & V 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)
=(78.227+0.75 * 132.025+0.5 * 98.998-262.833
-0-0)/1026.09
=-0.04

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

V & V Technology Holdings's Days Inventory for the three 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
=104.289/0*365 / 4
=

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

V & V 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 )
=0 / 104.289
=0.00

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.

V & V 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 )
=104.289 / 0
=

* 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.


V & V Technology Holdings Total Inventories Related Terms

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V & V Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
55 Lei Muk Road, 15 Floor, S.A.S. Tower, Kwai Chung, New Territories, Hong Kong, HKG
V & V Technology Holdings Ltd is engaged in the sale of electronic components like integrated circuit (IC) and panels for consumer electronic products such as mobile internet devices (MID), network communication system (NCS), multi-media player (car infotainment system), smartphone panel modules, set-top boxes (STB) and video image device tog. The company has one business segment that is Sale of electronics products with the provision of independent design house services. Geographically the group has a business presence in the PRC, Hong Kong, Taiwan, Korea and others, of which key revenue is derived from the PRC.
Executives
Wei Wei 2101 Beneficial owner
Chang Wei Hua 2101 Beneficial owner
S.a.s. Dragon Holdings Limited 2501 Other
S.a.s. Investment Company Limited 2101 Beneficial owner
Unimicro Limited 2501 Other
Vertex Value Limited 2101 Beneficial owner
Victory Echo Holdings Limited 2101 Beneficial owner
Yim Yuk Lun, Stanley 2201 Interest of corporation controlled by you

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