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GHW International (HKSE:09933) Total Inventories : HK$462 Mil (As of Jun. 2024)


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What is GHW International Total Inventories?

GHW International's total inventories for the quarter that ended in Jun. 2024 was HK$462 Mil. GHW International's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was HK$417 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. GHW International's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was HK$-0.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GHW International's Days Inventory for the six months ended in Jun. 2024 was 44.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. GHW International's Inventory Turnover for the quarter that ended in Jun. 2024 was 4.12.

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. GHW International's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.22.


GHW International Total Inventories Historical Data

The historical data trend for GHW International'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.

GHW International Total Inventories Chart

GHW International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 185.60 233.25 378.78 401.06 372.01

GHW International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 535.49 401.06 394.23 372.01 462.25

GHW International 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.


GHW International  (HKSE:09933) 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.

GHW International'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)
=(104.739+0.75 * 274.371+0.5 * 462.248-1467.942
-0-0)/949.100
=-0.98

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

GHW International's Days Inventory for the six 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
=417.1295/1717.834*365 / 2
=44.32

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

GHW International'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 )
=1717.834 / 417.1295
=4.12

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.

GHW International'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 )
=417.1295 / 1927.222
=0.22

* 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.


GHW International Total Inventories Related Terms

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GHW International Business Description

Traded in Other Exchanges
N/A
Address
No. 69 Aoti Street, 2nd and 3rd floor, 6th Building, Xincheng Science Park, Nanjing, CHN
GHW International is an applied chemical intermediates provider in the integrated chemical services market, which engages in the production and sales of chemicals and sales of chemicals produced by third party manufacturers based in the PRC, the Southeast Asia region, Europe and the us. It offers a comprehensive product portfolio with a wide range of applications and a full spectrum of services relating to chemical intermediates supply chain. Its business operation consists of four principal business segments which include polyurethane materials, animal nutrition chemicals, fine chemicals and pharmaceutical products and intermediates.
Executives
Endless Reward Limited 2101 Beneficial owner
Wu Hailing 2202 Interest of your spouse
Yin Yanbin 2201 Interest of corporation controlled by you
Commonwealth B Limited 2101 Beneficial owner
Commonwealth Yanbin Limited 2201 Interest of corporation controlled by you
Commonwealth Ghw Limited 2101 Beneficial owner
Commonwealth Happy Elephant Limited 2101 Beneficial owner
Commonwealth Yyb Limited 2201 Interest of corporation controlled by you
Tricor Trust (hong Kong) Limited 2301 Trustee
Ze Lu 2101 Beneficial owner

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