China United Venture Investment (HKSE:08159) Total Inventories : HK$0.0 Mil (As of Sep. 2023)

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What is China United Venture Investment Total Inventories?

China United Venture Investment's total inventories for the quarter that ended in Sep. 2023 was HK$0.0 Mil. China United Venture Investment's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was HK$13.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. China United Venture Investment's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China United Venture Investment's Days Inventory for the three months ended in Sep. 2023 was 39.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. China United Venture Investment's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.33.

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. China United Venture Investment's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.34.

China United Venture Investment Total Inventories Historical Data

The historical data trend for China United Venture Investment'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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China United Venture Investment Total Inventories Chart

China United Venture Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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35.35

50.59

58.13

34.37

26.20

China United Venture Investment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															34.37	-	26.85	-	26.20

China United Venture Investment 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.

China United Venture Investment (HKSE:08159) 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.

China United Venture Investment'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)
=	(0	+	0.75 * 0	+	0.5 * 0	-	N/A
-	0	-	0)	/	704
=	N/A

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

China United Venture Investment'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
	=	13.423	/	31.285	*	365 / 4
	=	39.15

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

China United Venture Investment'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 )
	=	31.285	/	13.423
	=	2.33

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.

China United Venture Investment'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 )
	=	13.423	/	39.977
	=	0.34

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.

China United Venture Investment Total Inventories Related Terms

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China United Venture Investment (HKSE:08159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China United Venture Investment Ltd (HKSE:08159) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12 Harcourt Road, Room 1801-1802, 18th Floor, Bank of America Tower, Central, Hong Kong, HKG

Website

https://www.glorymark.com.tw

China United Venture Investment Ltd is engaged in the business of design, manufacture, and sales of connectivity products. The products are mainly used in computers, computer peripheral products, multi-media consumable electronic products, communication products, automobile electronics accessories, wire harnesses and medical equipment. Some of the products offered are USB hub, Card reader, Dongle, Cables and others. The company's segment includes the Original equipment manufacturer (OEM) customers segment, the Provision of comprehensive architectural services, and the Retail distributor's segment. Most of the firm's revenue gets derived through the OEM customers segment.

Executives

Wang Li Feng	2101 Beneficial owner
Pt Design Group Holdings Limited
Wise Thinker Holdings Limited
Pt Design Group Limited	2101 Beneficial owner
Wise Thinker Holding Limited	2101 Beneficial owner

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