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Basic House New Life Group (HKSE:08360) Total Inventories : HK$0.25 Mil (As of Jun. 2024)


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What is Basic House New Life Group Total Inventories?

Basic House New Life Group's total inventories for the quarter that ended in Jun. 2024 was HK$0.25 Mil. Basic House New Life Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$0.12 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Basic House New Life Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.08.

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. Basic House New Life Group'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.


Basic House New Life Group Total Inventories Historical Data

The historical data trend for Basic House New Life 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.

* Premium members only.

Basic House New Life Group Total Inventories Chart

Basic House New Life Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
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Basic House New Life Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 - - 0.25 -

Basic House New Life 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.


Basic House New Life Group  (HKSE:08360) 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.

Basic House New Life Group'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)
=(20.574+0.75 * 3.933+0.5 * 0.246-51.971
-0-0.321)/360.274
=-0.08

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

Basic House New Life Group'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
=0.123/0*365 / 4
=

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

Basic House New Life Group'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 / 0.123
=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.

Basic House New Life Group'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 )
=0.123 / 0
=

* 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.


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.


Basic House New Life Group Total Inventories Related Terms

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Basic House New Life Group Business Description

Traded in Other Exchanges
N/A
Address
44-46 Hung To Road, Century Centre, Unit 204A, 2nd Floor, Kwun Tong, Hong Kong, HKG
Basic House New Life Group Ltd, formerly AL Group Ltd through its subsidiaries, is engaged in interior design and fit-out solutions in Hong Kong. It also provides overall project management solutions. Its services include pre-lease services, interior design & planning, project management, contracting, and customer service. Geographically, the firm generates a majority of its revenue from Hong Kong.
Executives
Lui Yu Kin 2101 Beneficial owner
Chan Hung Kai 2101 Beneficial owner
Space Financial Holdings Limited 2201 Interest of corporation controlled by you
Space Securities Limited 2105 Underwriter
Yeung Ching Yin 2101 Beneficial owner
Legend Investments International Limited 2101 Beneficial owner
Yau Chung Ping 2201 Interest of corporation controlled by you

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