Bortex Global (HKSE:08118) Total Inventories : HK$52.90 Mil (As of Oct. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Bortex Global Total Inventories?

Bortex Global's total inventories for the quarter that ended in Oct. 2023 was HK$52.90 Mil. Bortex Global's average total inventories from the quarter that ended in Jul. 2023 to the quarter that ended in Oct. 2023 was HK$26.45 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Bortex Global's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was HK$0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bortex Global's Days Inventory for the three months ended in Oct. 2023 was 1,461.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bortex Global's Inventory Turnover for the quarter that ended in Oct. 2023 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. Bortex Global's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 13.34.

Bortex Global Total Inventories Historical Data

The historical data trend for Bortex Global'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.

Bortex Global Total Inventories Chart

Bortex Global Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Inventories

Get a 7-Day Free Trial

25.92

51.04

67.65

73.62

55.19

Bortex Global Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Total Inventories	Get a 7-Day Free Trial															72.30	-	55.19	-	52.90

Bortex Global 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.

Bortex Global (HKSE:08118) 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.

Bortex Global's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 is

	Net-Net Working Capital Per Share (Q: Oct. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5.581	+	0.75 * 11.183	+	0.5 * 52.904	-	37.36
-	0	-	0)	/	500
=	0.01

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

Bortex Global's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	26.452	/	1.651	*	365 / 4
	=	1,461.99

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

Bortex Global's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Oct. 2023 )	/	Average Total Inventories (Q: Oct. 2023 )
	=	1.651	/	26.452
	=	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.

Bortex Global's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	26.452	/	1.983
	=	13.34

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.

Bortex Global Total Inventories Related Terms

Thank you for viewing the detailed overview of Bortex Global's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Bortex Global (HKSE:08118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bortex Global Ltd (HKSE:08118) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

58 Hung To Road, Room 29, 8th floor, Career and Kenson Industrial Mansion, Kowloon, Kwun Tong, Hong Kong, HKG

Website

http://www.bortex.com.cn

Bortex Global Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the designing, trading, and manufacturing of Light Emitting Diode(LED) lighting products. Its LEDs are bifurcated into LED decorative lighting and LED luminaire lighting, out of which the majority of the revenue is generated from the LED decorative lighting. Its geographical segments include Canada, the United States, PRC, Hong Kong, and others.

Executives

Real Charm Corp
Chung Yu Chun
Shiu Kwok Leung

Bortex Global (HKSE:08118) Headlines

No Headlines