Grand Brilliance Group Holdings (HKSE:08372) Total Inventories : HK$24.66 Mil (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Grand Brilliance Group Holdings Total Inventories?

Grand Brilliance Group Holdings's total inventories for the quarter that ended in Sep. 2023 was HK$24.66 Mil. Grand Brilliance Group Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was HK$12.33 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Grand Brilliance Group Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Grand Brilliance Group Holdings's Days Inventory for the three months ended in Sep. 2023 was 106.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grand Brilliance Group Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.86.

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. Grand Brilliance Group Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.59.

Grand Brilliance Group Holdings Total Inventories Historical Data

The historical data trend for Grand Brilliance 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.

* Premium members only.

Grand Brilliance Group Holdings Total Inventories Chart

Grand Brilliance Group Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

Get a 7-Day Free Trial

16.83

15.45

21.10

22.44

22.15

Grand Brilliance Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Inventories	Get a 7-Day Free Trial															25.38	-	22.15	-	24.66

Grand Brilliance 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.

Grand Brilliance Group Holdings (HKSE:08372) 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.

Grand Brilliance Group 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)
=	(53.463	+	0.75 * 19.798	+	0.5 * 24.658	-	13.503
-	0	-	0.005)	/	800
=	0.08

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

Grand Brilliance Group 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
	=	12.329	/	10.55	*	365 / 4
	=	106.64

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

Grand Brilliance Group 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 )
	=	10.55	/	12.329
	=	0.86

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.

Grand Brilliance Group 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 )
	=	12.329	/	20.803
	=	0.59

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.

Grand Brilliance Group Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of Grand Brilliance Group Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Grand Brilliance Group Holdings (HKSE:08372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Grand Brilliance Group Holdings Ltd (HKSE:08372) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Sha Tsui Road, The Octagon, Units 2901-2903 and 2905, 29th Floor, New Territories, Tsuen Wan, Hong Kong, HKG

Website

http://www.grandbrilliancegroup.com

Grand Brilliance Group Holdings Ltd is an investment holding. The company is engaged in the business of medical device distribution. The company also provides one-stop medical device solutions, including market trend analysis, sourcing of medical devices, after-sale services, technical support, and training services, medical device leasing services, and quality assurance. Geographically, the company derives revenue from Hong Kong. The company serves private hospitals, public hospitals, private clinics, non-profit organizations, universities, and individual end-users in Hong Kong.

Executives

Miu Yin Shun Andrew	2202 Interest of your spouse
Wong Bik Kwan Bikie	2101 Beneficial owner
B&a Success Limited	2101 Beneficial owner

Grand Brilliance Group Holdings (HKSE:08372) Headlines

No Headlines