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Tsann Kuen (China) Enterprise Co (SZSE:200512) Total Inventories : HK$186 Mil (As of Mar. 2024)


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What is Tsann Kuen (China) Enterprise Co Total Inventories?

Tsann Kuen (China) Enterprise Co's total inventories for the quarter that ended in Mar. 2024 was HK$186 Mil. Tsann Kuen (China) Enterprise Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was HK$198 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tsann Kuen (China) Enterprise Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was HK$-1.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tsann Kuen (China) Enterprise Co's Days Inventory for the three months ended in Mar. 2024 was 53.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tsann Kuen (China) Enterprise Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.71.

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. Tsann Kuen (China) Enterprise Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.49.


Tsann Kuen (China) Enterprise Co Total Inventories Historical Data

The historical data trend for Tsann Kuen (China) Enterprise Co'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.

Tsann Kuen (China) Enterprise Co Total Inventories Chart

Tsann Kuen (China) Enterprise Co 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 247.20 302.35 309.10 201.08 210.45

Tsann Kuen (China) Enterprise Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 181.78 176.10 182.38 210.45 186.45

Tsann Kuen (China) Enterprise Co 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.


Tsann Kuen (China) Enterprise Co  (SZSE:200512) 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.

Tsann Kuen (China) Enterprise Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1044.395+0.75 * 202.479+0.5 * 186.448-1115.562
-0-486.847)/185.392
=-1.69

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

Tsann Kuen (China) Enterprise Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=198.4505/339.258*365 / 4
=53.38

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

Tsann Kuen (China) Enterprise Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=339.258 / 198.4505
=1.71

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.

Tsann Kuen (China) Enterprise Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=198.4505 / 405.03
=0.49

* 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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Tsann Kuen (China) Enterprise Co (SZSE:200512) Business Description

Traded in Other Exchanges
N/A
Address
TSANN KUEN Industrial Park, Taiwanese Investment Zone, Fujian Province, Zhangzhou, CHN, 363107
Tsann Kuen (China) Enterprise Co Ltd is a company that develops and manufactures household appliances, electronics, light industrial products and, modern office supplies. Its operating segments are Small home appliance manufacturing and Other services. The product categories include Cooking utensils, Everyday home appliances, Tea and coffee makers, and other products and services. Geographically the company operates in Australia, Africa, America, Europe, and Asia, of which prime revenue is derived from America. The majority of its revenue is generated through the Small home appliance manufacturing segment.

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