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San Miguel Brewery Hong Kong (HKSE:00236) Total Inventories : HK$88.6 Mil (As of Dec. 2023)


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What is San Miguel Brewery Hong Kong Total Inventories?

San Miguel Brewery Hong Kong's total inventories for the quarter that ended in Dec. 2023 was HK$88.6 Mil. San Miguel Brewery Hong Kong's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$80.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. San Miguel Brewery Hong Kong's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. San Miguel Brewery Hong Kong's Days Inventory for the six months ended in Dec. 2023 was 71.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. San Miguel Brewery Hong Kong's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.56.

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. San Miguel Brewery Hong Kong's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.25.


San Miguel Brewery Hong Kong Total Inventories Historical Data

The historical data trend for San Miguel Brewery Hong Kong'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.

San Miguel Brewery Hong Kong Total Inventories Chart

San Miguel Brewery Hong Kong 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 51.03 56.71 69.37 89.64 88.58

San Miguel Brewery Hong Kong 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 69.37 66.37 89.64 71.79 88.58

San Miguel Brewery Hong Kong 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.


San Miguel Brewery Hong Kong  (HKSE:00236) 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.

San Miguel Brewery Hong Kong'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)
=(179.979+0.75 * 43.627+0.5 * 88.579-135.084
-0--24.1)/373.571
=0.39

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

San Miguel Brewery Hong Kong'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
=80.186/205.187*365 / 2
=71.32

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

San Miguel Brewery Hong Kong'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 )
=205.187 / 80.186
=2.56

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.

San Miguel Brewery Hong Kong'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 )
=80.186 / 325.782
=0.25

* 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.


San Miguel Brewery Hong Kong Total Inventories Related Terms

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San Miguel Brewery Hong Kong (HKSE:00236) Business Description

Traded in Other Exchanges
N/A
Address
Citimark Building, 28 Yuen Shun Circuit, 9th Floor, Siu Lek Yuen, Shatin, New Territories, Hong Kong, HKG
San Miguel Brewery Hong Kong Ltd is engaged in the manufacturing and distribution of bottled, canned and draught beers. Its two reportable segments are 1) The Hong Kong operations comprise of the manufacture and distribution of own brewed beer products and the distribution of imported beer products in Hong Kong and overseas. 2) The Mainland China operations comprise of the manufacture and distribution of own-brewed beer products in the southern part of the People's Republic of China and overseas. It derives the majority of its revenue from Hong Kong.
Executives
San Miguel Corporation 2201 Interest of corporation controlled by you
San Miguel Food And Beverage, Inc. 2201 Interest of corporation controlled by you
Top Frontier Investment Holdings, Inc. 2201 Interest of corporation controlled by you
Zobel Iñigo 2201 Interest of corporation controlled by you

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