Migao Group Holdings (HKSE:09879) Total Inventories: HK$465 Mil (As of Mar. 2026)

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HKSE:09879 Migao Group Holdings Ltd HKSE:09879
44 GF Score
Price HK$9.49
! 6 Warning Signs
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What is Migao Group Holdings Total Inventories?

Migao Group Holdings HKSE:09879 +1.28% 44 Total Inventories is HK$465 Mil as of Mar. 2026. GuruFocus rates HKSE:09879 with a GF Score™ of 44/100. The stock has 6 warning signs investors should review.

Migao Group Holdings's total inventories for the quarter that ended in Mar. 2026 was HK$465 Mil. Migao Group Holdings's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Mar. 2026 was HK$336 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Migao Group Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was HK$1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Migao Group Holdings's Days Inventory for the six months ended in Mar. 2026 was 15.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Migao Group Holdings's Inventory Turnover for the quarter that ended in Mar. 2026 was 11.48.

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. Migao Group Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.08.


Migao Group Holdings  (HKSE:09879) 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.

Migao Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1315.433+0.75 * 3644.802+0.5 * 465.435-3145.413
-0-201.467)/908.940
=1.03

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

Migao Group Holdings's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=335.679/3855.02*365 / 2
=15.89

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

Migao Group Holdings's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=3855.02 / 335.679
=11.48

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.

Migao Group Holdings's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=335.679 / 4341.811
=0.08

* 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.


Migao Group Holdings Total Inventories Related Terms


Migao Group Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Migao 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.

Migao Group Holdings Total Inventories Chart

Migao Group Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial 912.99 172.66 488.10 196.38 465.44

Migao Group Holdings Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only 488.10 360.32 196.38 205.92 465.44
HKSE:09879
44GF Score
Migao Group Holdings Ltd HKSE:09879
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Migao 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of HK$465 Mil mean?
Migao Group Holdings (HKSE:09879) has a Total Inventories of HK$465 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Migao Group Holdings and its competitors.
Is Migao Group Holdings' Total Inventories too high?
Migao Group Holdings' current Total Inventories is HK$465 Mil. Overall, Migao Group Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Migao Group Holdings' Total Inventories compare to CTVA and CF?
Migao Group Holdings' Total Inventories of HK$465 Mil can be compared against companies in the Agriculture industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Agriculture company?
A good Total Inventories depends on the Agriculture industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Migao Group Holdings and its competitors. Migao Group Holdings's current Total Inventories is HK$465 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migao Group Holdings stock overvalued right now?
Migao Group Holdings (HKSE:09879) has a current Total Inventories of HK$465 Mil. The current Total Inventories is HK$465 Mil. Migao Group Holdings' overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Migao Group Holdings (HKSE:09879), the current Total Inventories is HK$465 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Migao Group Holdings Business Description

Address Qingzhou Development Zone, East Park, Cangjiang Industrial Park, Gaoming District, Foshan, CHN
Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers and Others. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.
44GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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