NOIZ Group (HKSE:08163) Total Inventories : HK$0.42 Mil (As of Dec. 2023)

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What is NOIZ Group Total Inventories?

NOIZ Group's total inventories for the quarter that ended in Dec. 2023 was HK$0.42 Mil. NOIZ Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was HK$0.42 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NOIZ Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.12.

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. NOIZ Group's Inventory Turnover for the quarter that ended in Dec. 2023 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. NOIZ Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

NOIZ Group Total Inventories Historical Data

The historical data trend for NOIZ Group'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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NOIZ Group Total Inventories Chart

NOIZ Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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0.49

0.38

0.28

0.42

NOIZ Group 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															0.42	0.42	0.42	0.42	0.42

NOIZ Group 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.

NOIZ Group (HKSE:08163) 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.

NOIZ Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(18.435	+	0.75 * 3.867	+	0.5 * 0.418	-	91.517
-	0	-	0)	/	604.396
=	-0.12

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

NOIZ Group's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0.418	/	0	*	365 / 4
	=

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

NOIZ Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	0	/	0.418
	=	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.

NOIZ Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.418	/	11.633
	=	0.04

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.

NOIZ Group Total Inventories Related Terms

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NOIZ Group (HKSE:08163) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » NOIZ Group Ltd (HKSE:08163) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

111 Connaught Road Central, Room 1108, 11th Floor, Wing On Centre, Central, Hong Kong, HKG

Website

https://www.noiz-group.com

NOIZ Group Ltd is engaged in the technology, entertainment, and financial services business. In the technology business, Group is driving blockchain to mass adoption and commercialization making blockchain technology widely available for all businesses via its Blockchain-as-a-Service (BaaS) platform solutions. It provides tailor-made services and advice to businesses allowing them to use cloud-based solutions to manage and develop their applications. It aims to digitalize the entertainment segment by creating diversified and innovative ways for audiences to experience the power of virtual entertainment and enjoy immersive experiences through blockchain technology expertise and experience. The financial service business is operated through its wholly-owned subsidiary.

Executives

Team Sunny International Holdings Limited	2101 Beneficial owner
Wong Hin Shek	2201 Interest of corporation controlled by you

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