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TCL Electronics Holdings (TCL Electronics Holdings) Total Inventories : $1,564 Mil (As of Dec. 2023)


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What is TCL Electronics Holdings Total Inventories?

TCL Electronics Holdings's total inventories for the quarter that ended in Dec. 2023 was $1,564 Mil. TCL Electronics Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $1,557 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TCL Electronics Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TCL Electronics Holdings's Days Inventory for the six months ended in Dec. 2023 was 61.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. TCL Electronics Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.94.

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. TCL Electronics Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.28.

TCL Electronics Holdings Total Inventories Historical Data

The historical data trend for TCL Electronics 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.

TCL Electronics Holdings Total Inventories Chart

TCL Electronics 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 692.09 1,293.38 1,738.12 1,263.56 1,563.62

TCL Electronics Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,738.12 1,542.04 1,263.56 1,550.98 1,563.62

TCL Electronics 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.

TCL Electronics Holdings  (OTCPK:TCLHF) 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.

TCL Electronics 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)
=(1938.345+0.75 * 1990.818+0.5 * 1563.615-6078.307
-0-76.626)/2507.57
=-0.77

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

TCL Electronics 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
=1557.296/4585.773*365 / 2
=61.98

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

TCL Electronics 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 )
=4585.773 / 1557.296
=2.94

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.

TCL Electronics 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 )
=1557.296 / 5642.862
=0.28

* 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.

TCL Electronics Holdings Total Inventories Related Terms

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TCL Electronics Holdings (TCL Electronics Holdings) Business Description

Industry
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HKSE:00751 HKSE:01401 HKSE:00328 HKSE:01692 HKSE:02369 HKSE:00099 HKSE:01143 HKSE:08005 HKSE:00912 HKSE:00320 AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 BOM:540699
Traded in Other Exchanges
01070:Hong Kong TC2A:Germany
Address
22 Science Park East Avenue, 5th Floor, Building 22E, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Website
http://electronics.tcl.com
TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.