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Zhongmin Baihui Retail Group (SGX:5SR) Total Inventories : S$36.3 Mil (As of Jun. 2024)


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What is Zhongmin Baihui Retail Group Total Inventories?

Zhongmin Baihui Retail Group's total inventories for the quarter that ended in Jun. 2024 was S$36.3 Mil. Zhongmin Baihui Retail Group's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was S$33.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zhongmin Baihui Retail Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was S$-0.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhongmin Baihui Retail Group's Days Inventory for the six months ended in Jun. 2024 was 86.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongmin Baihui Retail Group's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.11.

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. Zhongmin Baihui Retail Group's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.36.


Zhongmin Baihui Retail Group Total Inventories Historical Data

The historical data trend for Zhongmin Baihui Retail Group'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.

Zhongmin Baihui Retail Group Total Inventories Chart

Zhongmin Baihui Retail Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun23 Jun24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.93 22.78 32.51 30.37 36.26

Zhongmin Baihui Retail Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.10 31.74 30.37 30.13 36.26

Zhongmin Baihui Retail Group 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.


Zhongmin Baihui Retail Group  (SGX:5SR) 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.

Zhongmin Baihui Retail Group'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)
=(17.119+0.75 * 0.861+0.5 * 36.259-202.192
-0-0)/191.664
=-0.87

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

Zhongmin Baihui Retail Group'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
=33.1925/70.04*365 / 2
=86.49

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

Zhongmin Baihui Retail Group'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 )
=70.04 / 33.1925
=2.11

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.

Zhongmin Baihui Retail Group'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 )
=33.1925 / 92.156
=0.36

* 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.


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Zhongmin Baihui Retail Group Business Description

Traded in Other Exchanges
N/A
Address
80 Marine Parade Road, No. 13-07 Parkway Parade, Singapore, SGP, 449269
Zhongmin Baihui Retail Group Ltd is engaged in the ownership, operation and management of department stores and supermarkets in Fujian Province, People's Republic of China. The company is involved in the operation and management of an outlet mall in Changsha, Hunan Province. The department stores offer a wide variety of clothes and accessories for men, women and children from domestic and international brands from concessionaires while the supermarkets are well stocked with a good variety of items, including fresh produce and live seafood. It derives the bulk of its revenue from sales of supermarket products and commissions from concessionaire sales.

Zhongmin Baihui Retail Group Headlines

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