Powerlong Commercial Management Holdings (HKSE:09909) Total Inventories : HK$11 Mil (As of Dec. 2023)

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What is Powerlong Commercial Management Holdings Total Inventories?

Powerlong Commercial Management Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$11 Mil. Powerlong Commercial Management Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Powerlong Commercial Management Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$2.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Powerlong Commercial Management Holdings's Days Inventory for the six months ended in Dec. 2023 was 1.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Powerlong Commercial Management Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 131.72.

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. Powerlong Commercial Management Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

Powerlong Commercial Management Holdings Total Inventories Historical Data

The historical data trend for Powerlong Commercial Management 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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Powerlong Commercial Management Holdings Total Inventories Chart

Powerlong Commercial Management Holdings Annual Data

Trend

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Total Inventories

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10.50

Powerlong Commercial Management Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial										-	-	4.65	10.50	-

Powerlong Commercial Management 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.

Powerlong Commercial Management Holdings (HKSE:09909) 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.

Powerlong Commercial Management Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(4245.918	+	0.75 * 504.868	+	0.5 * 10.502	-	2795.26
-	0	-	4.672)	/	642.9
=	2.85

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

Powerlong Commercial Management Holdings's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	7.574	/	997.642	*	365 / 2
	=	1.39

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

Powerlong Commercial Management Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	997.642	/	7.574
	=	131.72

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.

Powerlong Commercial Management Holdings's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	7.574	/	1488.541
	=	0.01

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.

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Powerlong Commercial Management Holdings Business Description

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Address

1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101

Website

http://www.powerlongcm.com

Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management service. Its operations include market research and positioning, tenant sourcing and opening preparation services, commercial operation and management services, and property leasing services; and Property management services, consisting of pre-sale management services, property management services, and other value-added services. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.

Executives

Hoi Wa Fong	2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia	2202 Interest of your spouse
Hoi Kin Hong
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

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