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Pa Shun International Holdings (HKSE:00574) Total Inventories : HK$5.9 Mil (As of Dec. 2023)


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What is Pa Shun International Holdings Total Inventories?

Pa Shun International Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$5.9 Mil. Pa Shun International Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$7.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Pa Shun International Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pa Shun International Holdings's Days Inventory for the six months ended in Dec. 2023 was 33.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pa Shun International Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.51.

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. Pa Shun International Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.


Pa Shun International Holdings Total Inventories Historical Data

The historical data trend for Pa Shun 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.

Pa Shun International Holdings Total Inventories Chart

Pa Shun 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 16.52 21.28 10.22 7.76 5.88

Pa Shun 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 10.22 7.73 7.76 8.93 5.88

Pa Shun 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.


Pa Shun International Holdings  (HKSE:00574) 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.

Pa Shun 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)
=(18.059+0.75 * 29.539+0.5 * 5.882-352.924
-0-0)/1474.99
=-0.21

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

Pa Shun 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
=7.407/40.776*365 / 2
=33.15

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

Pa Shun 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 )
=40.776 / 7.407
=5.51

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.

Pa Shun 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 )
=7.407 / 50.968
=0.15

* 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.


Pa Shun International Holdings Total Inventories Related Terms

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Pa Shun International Holdings (HKSE:00574) Business Description

Traded in Other Exchanges
N/A
Address
229 Wufuqiao East Road, No. 608-616, Building 28, Longfor North Paradise Walk 2, Jinniu District, Sichuan Province, Chengdu, CHN
Pa Shun International Holdings Ltd is an investment holding company engaged in the manufacturing and distribution of pharmaceutical products. The business activity of the group is operated through Pharmaceutical distribution and Pharmaceutical manufacturing segment. Geographically all the activities are carried out in the PRC. The company derives the majority of revenue from the Pharmaceutical distribution segment which include sales of pharmaceutical products to wholesalers, franchise retail pharmacy chain stores and hospitals and other medical institutions in rural areas.
Executives
Zhongtai International Asset Management (singapore) Pte. Ltd. 2102 Investment manager
Arab Osman Mohammed 2104 Agent
Lai Wing Lun 2104 Agent
Win Win Stable No.3 Fund Sp 2106 Person having a security interest in shares
Zhongtai Innovation Capital Management Limited 2102 Investment manager
Chen Yenfei 2101 Beneficial owner
Praise Treasure Limited 2101 Beneficial owner

Pa Shun International Holdings (HKSE:00574) Headlines

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