IMS Group Holdings (HKSE:08136) Total Inventories : HK$7.84 Mil (As of Sep. 2023)

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What is IMS Group Holdings Total Inventories?

IMS Group Holdings's total inventories for the quarter that ended in Sep. 2023 was HK$7.84 Mil. IMS Group Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was HK$3.92 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. IMS Group Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IMS Group Holdings's Days Inventory for the three months ended in Sep. 2023 was 32.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. IMS Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.84.

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. IMS Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.14.

IMS Group Holdings Total Inventories Historical Data

The historical data trend for IMS Group 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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IMS Group Holdings Total Inventories Chart

IMS Group Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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1.07

1.06

3.68

6.43

11.23

IMS Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Inventories	Get a 7-Day Free Trial															10.35	-	11.23	-	7.84

IMS Group 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.

IMS Group Holdings (HKSE:08136) 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.

IMS Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(93.249	+	0.75 * 8.344	+	0.5 * 7.84	-	28.346
-	0	-	0)	/	1000
=	0.08

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

IMS Group Holdings's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	3.92	/	11.12	*	365 / 4
	=	32.17

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

IMS Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	11.12	/	3.92
	=	2.84

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.

IMS Group Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	3.92	/	28.845
	=	0.14

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.

IMS Group Holdings Total Inventories Related Terms

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IMS Group Holdings (HKSE:08136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMS Group Holdings Ltd (HKSE:08136) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

No. 8 Watson Road, North Point, 12th floor, Unit 1201, Block C Seaview Estate, Hong Kong, HKG

Website

https://www.imsgroupholdings.com

IMS Group Holdings Ltd is a provider of integrated LED lighting solutions. The company principally engaged in sale of LED lighting fixtures and visual-audio system, provision of integrated LED lighting solution services, project consultancy and LED lighting system maintenance services, sale of 3D printing materials and provision for 3D printing services. The firm receives a majority of its revenue from the sale of LED lighting fixtures followed by integrated LED lighting solution services. It has a business presence in Hong Kong, the PRC, Asia, Europe and others, of which the key revenue is derived from the PRC.

Executives

The Garage Investment Limited	2101 Beneficial owner
Ng Wing Sze	2202 Interest of your spouse
Tam Yat Ming Andrew	2201 Interest of corporation controlled by you
Wan Man Hong	2101 Beneficial owner
Yeung Ngai	2202 Interest of your spouse
Hung Ying	2101 Beneficial owner
Yeung Wun Tang Andy	2202 Interest of your spouse

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