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Orient Victory Smart Urban Services Holding (HKSE:00265) Total Inventories : HK$15.3 Mil (As of Dec. 2023)


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What is Orient Victory Smart Urban Services Holding Total Inventories?

Orient Victory Smart Urban Services Holding's total inventories for the quarter that ended in Dec. 2023 was HK$15.3 Mil. Orient Victory Smart Urban Services Holding's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$15.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Orient Victory Smart Urban Services Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orient Victory Smart Urban Services Holding's Days Inventory for the six months ended in Dec. 2023 was 20.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orient Victory Smart Urban Services Holding's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.87.

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. Orient Victory Smart Urban Services Holding's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.


Orient Victory Smart Urban Services Holding Total Inventories Historical Data

The historical data trend for Orient Victory Smart Urban Services Holding'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.

Orient Victory Smart Urban Services Holding Total Inventories Chart

Orient Victory Smart Urban Services Holding 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 193.36 214.62 16.39 15.54 15.33

Orient Victory Smart Urban Services Holding 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 16.39 16.51 15.54 15.06 15.33

Orient Victory Smart Urban Services Holding 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.


Orient Victory Smart Urban Services Holding  (HKSE:00265) 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.

Orient Victory Smart Urban Services Holding'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)
=(272.157+0.75 * 90.362+0.5 * 15.33-192.6
-0-27.321)/12922.1
=0.01

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

Orient Victory Smart Urban Services Holding'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
=15.195/134.731*365 / 2
=20.58

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

Orient Victory Smart Urban Services Holding'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 )
=134.731 / 15.195
=8.87

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.

Orient Victory Smart Urban Services Holding'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 )
=15.195 / 172.673
=0.09

* 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.


Orient Victory Smart Urban Services Holding Total Inventories Related Terms

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Orient Victory Smart Urban Services Holding (HKSE:00265) Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, 1201B, 12th Floor, Admiralty, Hong Kong, HKG
Orient Victory Smart Urban Services Holding Ltd Formerly Orient Victory Travel Group Co Ltd is an investment holding company. The company operates in three reportable segments that are The diversified tourism products and services segment, which includes the sale of air tickets and other tourism products, provision of travel-related and other services, The integrated development segment, which includes the development and operation of tourism and cultural attractions, sales of products and other services and The property management segment, which involves the provision of property management and leasing services for residential and commercial properties and The environmental hygiene segment which involves the provision of environmental hygiene services for urban and rural areas in the PRC.
Executives
China Huarong International Holdings Ltd 2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shi Baodong 2201 Interest of corporation controlled by you
Orient Victory Real Estate Group Holdings Limited 2101 Beneficial owner
Central Huijin Investment Ltd. 2106 Person having a security interest in shares
China Construction Bank Corporation 2106 Person having a security interest in shares

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