GT Gold Holdings (HKSE:08299) Total Inventories : HK$229.18 Mil (As of Sep. 2024)

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What is GT Gold Holdings Total Inventories?

GT Gold Holdings's total inventories for the quarter that ended in Sep. 2024 was HK$229.18 Mil. GT Gold Holdings's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Sep. 2024 was HK$189.31 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GT Gold Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was HK$-0.10.

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. GT Gold Holdings's Inventory Turnover for the quarter that ended in Sep. 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.

GT Gold Holdings Total Inventories Historical Data

The historical data trend for GT Gold 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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GT Gold Holdings Total Inventories Chart

GT Gold Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Inventories

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8.25

7.02

5.55

16.70

149.44

GT Gold Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Total Inventories	Get a 7-Day Free Trial															16.70	-	0.61	149.44	229.18

GT Gold 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.

GT Gold Holdings (HKSE:08299) 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.

GT Gold Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(68.403	+	0.75 * 17.312	+	0.5 * 229.18	-	869.245
-	0	-	90.881)	/	7428.2
=	-0.10

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

GT Gold Holdings's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	189.3075	/	0	*	365 / 4
	=

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

GT Gold Holdings's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	0	/	189.3075
	=	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.

GT Gold Holdings's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	189.3075	/	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.

GT Gold Holdings Total Inventories Related Terms

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GT Gold Holdings Business Description

Industry

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Address

305-313 Queen’s Road Central, Roon A-B, 8th Floor, Centre Mark II, Sheung Wan, Hong Kong, HKG

Website

https://www.grandtg.com

GT Gold Holdings Ltd Formerly Grand T G Gold Holdings Ltd is an investment holding company. Its subsidiaries are principally engaged in gold exploration, mining, mineral processing, the sale of gold concentrate, and related products. Its segments are Gold mining and Corporate. The group's operations are located in Hong Kong and other parts of the People's Republic of China whereas the principal markets for the group's products are mainly located in other parts of the People's Republic of China.

Executives

Liu Wen Tao	2101 Beneficial owner
Ma Qian Zhou
Zhao Yuebing

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