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Pokfulam Development Co (HKSE:00225) Total Inventories : HK$18.9 Mil (As of Sep. 2023)


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What is Pokfulam Development Co Total Inventories?

Pokfulam Development Co's total inventories for the quarter that ended in Sep. 2023 was HK$18.9 Mil. Pokfulam Development Co's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$23.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pokfulam Development Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-3.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pokfulam Development Co's Days Inventory for the six months ended in Sep. 2023 was 67.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pokfulam Development Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.70.

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. Pokfulam Development Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.23.


Pokfulam Development Co Total Inventories Historical Data

The historical data trend for Pokfulam Development 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.

Pokfulam Development Co Total Inventories Chart

Pokfulam Development Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.82 16.58 15.87 18.55 18.91

Pokfulam Development Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 15.87 17.54 18.55 28.13 18.91

Pokfulam Development 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.


Pokfulam Development Co  (HKSE:00225) 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.

Pokfulam Development Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(140.076+0.75 * 7.16+0.5 * 18.912-498.82
-0-0.026)/110.179
=-3.12

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

Pokfulam Development Co's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=23.523/63.608*365 / 2
=67.49

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

Pokfulam Development Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=63.608 / 23.523
=2.70

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.

Pokfulam Development Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=23.523 / 101.951
=0.23

* 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.


Pokfulam Development Co Total Inventories Related Terms

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Pokfulam Development Co (HKSE:00225) Business Description

Traded in Other Exchanges
N/A
Address
93-107 Lockhart Road, 23rd Floor, Beverly House, Wanchai, Hong Kong, HKG
Pokfulam Development Co Ltd is a property investment and investment holding company. The company operates mainly in three business segments: Property Investment and Management segment is engaged in the letting and management of commercial industrial and residential properties; Trading of Goods segment is involved in the trading of visual and sound equipment, and home appliances; and Securities Investment segment deals in listed securities. The majority of its revenue is derived from Property Investment and Management. The company's portfolio includes residential developments as well as commercial and industrial buildings. All of its revenues are generated in Hong Kong.

Pokfulam Development Co (HKSE:00225) Headlines

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