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Transport International Holdings (HKSE:00062) Total Inventories : HK$110 Mil (As of Dec. 2023)


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What is Transport International Holdings Total Inventories?

Transport International Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$110 Mil. Transport International Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$110 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Transport International Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-10.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Transport International Holdings's Days Inventory for the six months ended in Dec. 2023 was 7.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. Transport International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 24.62.

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. Transport International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


Transport International Holdings Total Inventories Historical Data

The historical data trend for Transport International 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.

Transport International Holdings Total Inventories Chart

Transport International 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 79.00 95.30 103.42 95.50 109.69

Transport International 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 103.42 109.90 95.50 111.30 109.69

Transport International 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.


Transport International Holdings  (HKSE:00062) 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.

Transport International 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)
=(1671.465+0.75 * 966.99+0.5 * 109.694-7781.502
-0-0)/494.343
=-10.78

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

Transport International 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
=110.497/2720.652*365 / 2
=7.41

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

Transport International 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 )
=2720.652 / 110.497
=24.62

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.

Transport International 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 )
=110.497 / 4079.353
=0.03

* 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.


Transport International Holdings Total Inventories Related Terms

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Transport International Holdings (HKSE:00062) Business Description

Traded in Other Exchanges
Address
9 Po Lun Street, 15th Floor, Lai Chi Kok, Kowloon, Hong Kong, HKG
Transport International Holdings Ltd is a public transportation company domiciled in the People's Republic of China. The company's main segments include franchised bus operation and property holdings and development. The franchised bus operation segment, which generates the vast majority of revenue, provides franchised public bus services in Hong Kong. The property holdings and development segment develops and leases nonresidential properties for use as investment properties.
Executives
Hsbc International Trustee Limited 2301 Trustee
Sun Hung Kai Properties Limited
Hsbc Trustee (c.i.) Limited 2301 Trustee
Louey Lai Kuen William 2101 Beneficial owner
Ng Winnie 2101 Beneficial owner
Ng Siu Chan 2101 Beneficial owner

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