Sling Group Holdings (HKSE:08285) Total Inventories : HK$14.6 Mil (As of Jun. 2024)

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What is Sling Group Holdings Total Inventories?

Sling Group Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$14.6 Mil. Sling Group Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$20.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sling Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.06.

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. Sling Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 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.

Sling Group Holdings Total Inventories Historical Data

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

Sling Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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43.24

35.78

42.50

28.57

26.12

Sling Group Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial															-	29.15	-	26.12	14.56

Sling 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.

Sling Group Holdings (HKSE:08285) 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.

Sling Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(4.276	+	0.75 * 2.723	+	0.5 * 14.555	-	46.539
-	0	-	-1.885)	/	560
=	-0.06

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

Sling Group Holdings's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	20.336	/	0	*	365 / 4
	=

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

Sling Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	0	/	20.336
	=	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.

Sling Group Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	20.336	/	0
	=

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.

Sling Group Holdings Total Inventories Related Terms

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Sling Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sling Group Holdings Ltd (HKSE:08285) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

64 Hoi Yuen Road, Unit 1, 21st Floor, Yen Sheng Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.sling-inc.com.hk

Sling Group Holdings Ltd is an investment holding company engaged in the design and sale of women's handbags, small leather goods, luggage, and travel goods. Its products of the company include designing, promoting, and selling women's handbags, small leather goods, and travel goods, including handle bags, clutch bags, wallets, coin cases, cardholders, and suitcases in the PRC. It group has a business presence in China and Hong Kong, of which key revenue is derived from China. It brand portfolio of the company comprises two brands namely, Elle, Jessie, and Jane.

Executives

Yen Sheng Investment Limited	2101 Beneficial owner
Li Wing Chi Agnes	2201 Interest of corporation controlled by you
Summit Time Resources Limited	2101 Beneficial owner
Chan Yee Ling Elaine	2202 Interest of your spouse
Hiang Siu Wei Cecilia	2202 Interest of your spouse
Yau Sonny Tai Nin	2201 Interest of corporation controlled by you
Yau Tai Leung Sammy	2201 Interest of corporation controlled by you
Lee Shui Kwai Victor	2202 Interest of your spouse

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