Yik Wo International Holdings (HKSE:08659) Total Inventories : HK$12.7 Mil (As of Jun. 2024)

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What is Yik Wo International Holdings Total Inventories?

Yik Wo International Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$12.7 Mil. Yik Wo International Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$11.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Yik Wo International Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$0.29.

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. Yik Wo International 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.

Yik Wo International Holdings Total Inventories Historical Data

The historical data trend for Yik Wo International 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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Yik Wo International Holdings Total Inventories Chart

Yik Wo International Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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7.11

8.69

8.90

9.04

9.46

Yik Wo International 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															-	11.40	-	9.46	12.71

Yik Wo International 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.

Yik Wo International Holdings (HKSE:08659) 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.

Yik Wo International 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)
=	(208.22	+	0.75 * 76.067	+	0.5 * 12.709	-	52.217
-	0	-	0)	/	748.483
=	0.29

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

Yik Wo International 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
	=	11.0845	/	0	*	365 / 4
	=

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

Yik Wo International 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	/	11.0845
	=	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.

Yik Wo International 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 )
	=	11.0845	/	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.

Yik Wo International Holdings Total Inventories Related Terms

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Yik Wo International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Yik Wo International Holdings Ltd (HKSE:08659) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wukeng Industrial Zone, Longhu Town, Fujian Province, Jinjiang, CHN

Website

https://www.yikwo.cn

Yik Wo International Holdings Ltd is engaged in the design and development, manufacturing and sales of disposable plastic food storage containers. The company's plastic containers are processed by high temperature hot-melt plastic injection moulding method with polypropylene resin or other thermoplastic materials. In terms of application, disposable plastic food storage containers can be divided into lunch boxes, fresh and preserved fruit containers, semi-food containers and others. The Company has identified the following reportable segments which include Disposable plastic food storage containers; and E-commerce: Daily necessities and other household goods. The group derives prime revenue from the PRC.

Executives

Hu Kun
Youpinhui Investment Holdings Limited
Prize Investment Limited	2101 Beneficial owner
Merit Winner Limited	2101 Beneficial owner
Sun Kong Investments (bvi) Limited	2101 Beneficial owner
Chan Lai Yin	2202 Interest of your spouse
Xu Liping	2202 Interest of your spouse
Xu Youjiang	2101 Beneficial owner
Hui Man Kit	2201 Interest of corporation controlled by you
Hui Mei Nga	2202 Interest of your spouse
Wong Hing Nam	2201 Interest of corporation controlled by you

Yik Wo International Holdings Headlines

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