GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Glorious Property Holdings Ltd (STU:GI0A) » Definitions » Total Inventories

Glorious Property Holdings (STU:GI0A) Total Inventories : €2,082.1 Mil (As of Jun. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Glorious Property Holdings Total Inventories?

Glorious Property Holdings's total inventories for the quarter that ended in Jun. 2024 was €2,082.1 Mil. Glorious Property Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was €2,155.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Glorious Property Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €-0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Glorious Property Holdings's Days Inventory for the six months ended in Jun. 2024 was 1,987.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Glorious Property Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.09.

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. Glorious Property Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 7.23.


Glorious Property Holdings Total Inventories Historical Data

The historical data trend for Glorious Property 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.

Glorious Property Holdings Total Inventories Chart

Glorious Property Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,685.43 2,559.73 2,760.23 2,516.88 2,229.23

Glorious Property Holdings 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 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 2,827.10 2,516.88 1,690.20 2,229.23 2,082.08

Glorious Property 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.


Glorious Property Holdings  (STU:GI0A) 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.

Glorious Property Holdings'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)
=(5.275+0.75 * 28.104+0.5 * 2082.075-6038.51
-0-17.205)/7792.646
=-0.64

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

Glorious Property Holdings'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
=2155.6525/197.948*365 / 2
=1,987.42

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

Glorious Property Holdings'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 )
=197.948 / 2155.6525
=0.09

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.

Glorious Property Holdings'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 )
=2155.6525 / 297.967
=7.23

* 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.


Glorious Property Holdings Total Inventories Related Terms

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


Glorious Property Holdings Business Description

Traded in Other Exchanges
Address
50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG
Glorious Property Holdings Ltd is a national property developer in China. It focuses on the development and sales of large-scale properties in key economic areas such as the Shanghai region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The firm develops residential and commercial properties and is also involved in property management. Its reportable operating segments, namely Shanghai Region, Yangtze River Delta (excluding Shanghai), Pan Bohai Rim, and Northeast China. The Others segment represents corporate support functions. The company generates maximum revenue from the Shanghai region.

Glorious Property Holdings Headlines

No Headlines