RKGXF (Road King Infrastructure) Total Inventories : $3,354 Mil (As of Jun. 2024)

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What is Road King Infrastructure Total Inventories?

Road King Infrastructure's total inventories for the quarter that ended in Jun. 2024 was $3,354 Mil. Road King Infrastructure's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $3,561 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Road King Infrastructure's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-4.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Road King Infrastructure's Days Inventory for the six months ended in Jun. 2024 was 1,324.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Road King Infrastructure's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.14.

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. Road King Infrastructure's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 8.02.

Road King Infrastructure Total Inventories Historical Data

The historical data trend for Road King Infrastructure'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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Road King Infrastructure Total Inventories Chart

Road King Infrastructure Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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5,038.24

6,174.61

5,727.36

4,961.99

3,767.87

Road King Infrastructure Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial															5,610.34	4,961.99	4,196.85	3,767.87	3,354.28

Road King Infrastructure 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.

Road King Infrastructure (OTCPK:RKGXF) 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.

Road King Infrastructure'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)
=	(859.922	+	0.75 * 19.509	+	0.5 * 3354.277	-	5141.454
-	0	-	443.043)	/	749.337
=	-4.05

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

Road King Infrastructure'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
	=	3561.072	/	490.628	*	365 / 2
	=	1,324.62

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

Road King Infrastructure'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 )
	=	490.628	/	3561.072
	=	0.14

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.

Road King Infrastructure'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 )
	=	3561.072	/	444.074
	=	8.02

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.

Road King Infrastructure Total Inventories Related Terms

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Road King Infrastructure Business Description

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01098:Hong Kong

Address

9 Canton Road, The Gateway, Suite 501, 5th Floor, Tower 6, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.roadking.com.hk

Road King Infrastructure Ltd is an investment holding company. The company's principal activities are the operation of property development and investment, investment and asset management businesses in Mainland China and Hong Kong; and the development, operation and management of toll roads through the infrastructure joint ventures in the PRC and Indonesia. The company's business segments are; Property Development and Investment, Toll Road, and Investment and asset management. The Property development and investment segment which generates key revenue is engaged in the development of properties for sale, rental income, or potential capital appreciation. Geographically, it generates a majority of its revenue from Mainland China followed by Hong Kong.