GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Weilong Delicious Global Holdings Ltd (HKSE:09985) » Definitions » Total Inventories

Weilong Delicious Global Holdings (HKSE:09985) Total Inventories : HK$459 Mil (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Weilong Delicious Global Holdings Total Inventories?

Weilong Delicious Global Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$459 Mil. Weilong Delicious Global Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$467 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Weilong Delicious Global Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Weilong Delicious Global Holdings's Days Inventory for the six months ended in Dec. 2023 was 58.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Weilong Delicious Global Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.11.

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. Weilong Delicious Global Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Weilong Delicious Global Holdings Total Inventories Historical Data

The historical data trend for Weilong Delicious Global 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.

* Premium members only.

Weilong Delicious Global Holdings Total Inventories Chart

Weilong Delicious Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
445.02 641.35 739.89 669.21 459.27

Weilong Delicious Global Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 739.89 598.79 669.21 474.17 459.27

Weilong Delicious Global 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.

Weilong Delicious Global Holdings  (HKSE:09985) 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.

Weilong Delicious Global 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)
=(2453.455+0.75 * 56.459+0.5 * 459.27-1474.06
-0-0)/2351.15
=0.53

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

Weilong Delicious Global 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
=466.7185/1452.436*365 / 2
=58.64

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

Weilong Delicious Global 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 )
=1452.436 / 466.7185
=3.11

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.

Weilong Delicious Global 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 )
=466.7185 / 2782.997
=0.17

* 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.

Weilong Delicious Global Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of Weilong Delicious Global Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Weilong Delicious Global Holdings (HKSE:09985) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Weilong Delicious Global Holdings Ltd (HKSE:09985) » Definitions » Total Inventories
Comparable Companies
HKSE:01579 HKSE:00142 HKSE:00345 HKSE:01610 HKSE:01112 HKSE:06683 HKSE:01475 HKSE:01458 HKSE:09676 HKSE:01717 XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
Intersection of Dongfanghong Road and Zhongshan Road, Southwest Corner, Shaoling District, Henan, Luohe, CHN
Website
https://www.weilongshipin.com
Weilong Delicious Global Holdings Ltd is principally engaged in the production and sale of spicy snack food. The group is organized into business units based on the products and has three reportable operating segments namely, Seasoned flour products, comprising Big Latiao, Mini Latiao, Spicy Hot Stick, Mini Hot Stick and Kiss Burn; Vegetable products, comprising Konjac Shuang and Fengchi Kelp and Bean-based and other products, comprising Soft Tofu Skin, 78 Braised egg and meat products. Majority of the company's revenue is derived from Seasoned flour products and the business activities are conducted in China.
Executives
Adroit Fairy Limited
Amused Town Limited
Hh Global Capital Ltd
Tct (bvi) Limited
The Core Trust Company Limited
Hh Green Philosophy Ltd 2305 Beneficiary of a trust
Hh Innovation Group Ltd 2305 Beneficiary of a trust
Liu Fuping 2305 Beneficiary of a trust
Liu Weiping 2305 Beneficiary of a trust

Weilong Delicious Global Holdings (HKSE:09985) Headlines

No Headlines