AGTech Holdings (HKSE:08279) Total Inventories : HK$0.0 Mil (As of Sep. 2023)

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What is AGTech Holdings Total Inventories?

AGTech Holdings's total inventories for the quarter that ended in Sep. 2023 was HK$0.0 Mil. AGTech Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was HK$16.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AGTech Holdings'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. AGTech Holdings's Days Inventory for the three months ended in Sep. 2023 was 56.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. AGTech Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.61.

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. AGTech Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.11.

AGTech Holdings Total Inventories Historical Data

The historical data trend for AGTech 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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AGTech Holdings Total Inventories Chart

AGTech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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11.92

22.66

22.38

33.07

37.31

AGTech Holdings 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															33.07	-	33.88	-	37.31

AGTech 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.

AGTech Holdings (HKSE:08279) 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.

AGTech 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)
=	(0	+	0.75 * 0	+	0.5 * 0	-	N/A
-	0	-	0)	/	11672.3
=	N/A

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

AGTech 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
	=	16.938	/	27.206	*	365 / 4
	=	56.81

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

AGTech 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 )
	=	27.206	/	16.938
	=	1.61

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.

AGTech 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 )
	=	16.938	/	153.225
	=	0.11

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.

AGTech Holdings Total Inventories Related Terms

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AGTech Holdings (HKSE:08279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » AGTech Holdings Ltd (HKSE:08279) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

AGTEF:USA

Address

Times Square, Causeway Bay, Unit 3912, 39th Floor, Tower Two, Hong Kong, HKG

Website

https://www.agtech.com

AGTech Holdings Ltd is an investment holding company that operates in two segments. The lottery operation segment includes sales and leasing of lottery hardware (including the provision of related after-sale services), provision of lottery distribution and ancillary services in Mainland China; and other related services. The electronic payment & related services segment includes the provision of payment card services and ancillary services; the provision of e-wallet services; the provision of acquiring services for other payment service providers; the sale and leasing of payment terminals and equipment; and other related services in Macau & generates the majority of revenue. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from China.

Executives

Sun Ho	2101 Beneficial owner
Hangzhou Yunbo Investment Consulting Co., Ltd.
Hu Simon Xiaoming
Jiang Fang
Jing Eric Xiandong
Ma Yun
Cheung Lup Kwan Vitor	2201 Interest of corporation controlled by you
Rainwood Resources Limited	2101 Beneficial owner
Ali Fortune Investment Holding Limited	2101 Beneficial owner
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you
Alibaba Investment Limited	2201 Interest of corporation controlled by you
Ant Small And Micro Financial Services Group Co., Ltd.	2201 Interest of corporation controlled by you
Api (hong Kong) Investment Limited	2201 Interest of corporation controlled by you
Api Holdings Limited	2201 Interest of corporation controlled by you
Shanghai Yunju Venture Capital Co., Ltd.	2201 Interest of corporation controlled by you

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