Best Linking Group Holdings (HKSE:09882) Total Inventories : HK$25.94 Mil (As of Jun. 2024)

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What is Best Linking Group Holdings Total Inventories?

Best Linking Group Holdings's total inventories for the quarter that ended in Jun. 2024 was HK$25.94 Mil. Best Linking Group Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$24.53 Mil.

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

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Best Linking Group Holdings's Days Inventory for the three months ended in Jun. 2024 was 205.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Best Linking Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.44.

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. Best Linking Group Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.26.

Best Linking Group Holdings Total Inventories Historical Data

The historical data trend for Best Linking 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.

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Best Linking Group Holdings Total Inventories Chart

Best Linking Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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23.19

23.87

25.58

20.63

23.13

Best Linking Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial															20.63	-	21.07	23.13	25.94

Best Linking 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.

Best Linking Group Holdings (HKSE:09882) 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.

Best Linking Group 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)
=	(38.748	+	0.75 * 41.449	+	0.5 * 25.936	-	5.79
-	0	-	0)	/	800
=	0.10

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

Best Linking Group 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
	=	24.5305	/	10.907	*	365 / 4
	=	205.23

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

Best Linking Group 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 )
	=	10.907	/	24.5305
	=	0.44

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.

Best Linking Group 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 )
	=	24.5305	/	19.394
	=	1.26

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.

Best Linking Group Holdings Total Inventories Related Terms

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Best Linking Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Best Linking Group Holdings Ltd (HKSE:09882) » Definitions » Total Inventories

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Address

No. 6 Gongye 2nd Cross Road, Tutang 2nd Industrial Zone, Changping, Guangdong, Dongguan, CHN

Website

https://www.blg.hk

Best Linking Group Holdings Ltd is a slewing ring manufacturer in China. These slewing rings have applications in the areas of construction machinery and equipment, wind turbines, military equipment, and robotics. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia, Hong Kong, Japan, United States, China, Taiwan, Canada, Singapore, Thailand, The Philippines, The PRC, Vietnam and New Zealand. It derives maximum revenue from singapore.

Executives

C Centrum Holdings Limited	2101 Beneficial owner
Chan Yuk Pan	2201 Interest of corporation controlled by you
Leung Tak Yee	2202 Interest of your spouse

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