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Grown Up Group Investment Holdings (HKSE:01842) Total Inventories : HK$28.0 Mil (As of Dec. 2023)


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What is Grown Up Group Investment Holdings Total Inventories?

Grown Up Group Investment Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$28.0 Mil. Grown Up Group Investment Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$23.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Grown Up Group Investment Holdings'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. Grown Up Group Investment Holdings's Days Inventory for the six months ended in Dec. 2023 was 36.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grown Up Group Investment Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.95.

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. Grown Up Group Investment Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.


Grown Up Group Investment Holdings Total Inventories Historical Data

The historical data trend for Grown Up Group Investment 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.

Grown Up Group Investment Holdings Total Inventories Chart

Grown Up Group Investment Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 42.77 52.31 15.81 27.85 27.97

Grown Up Group Investment Holdings Semi-Annual Data
Dec16 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 15.81 13.00 27.85 19.66 27.97

Grown Up Group Investment 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.


Grown Up Group Investment Holdings  (HKSE:01842) 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.

Grown Up Group Investment 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)
=(71.803+0.75 * 56.709+0.5 * 27.969-116.429
-0-0)/1200
=0.01

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

Grown Up Group Investment 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
=23.8145/117.806*365 / 2
=36.89

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

Grown Up Group Investment 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 )
=117.806 / 23.8145
=4.95

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.

Grown Up Group Investment 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 )
=23.8145 / 134.429
=0.18

* 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.


Grown Up Group Investment Holdings Total Inventories Related Terms

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Grown Up Group Investment Holdings (HKSE:01842) Business Description

Traded in Other Exchanges
N/A
Address
55 Ting Kok Road, Tai Po, Flat D, 7th Floor, Block 2, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG
Grown Up Group Investment Holdings Ltd is engaged in the manufacturing and sale of backpack and luggage. The backpack and luggage products are categorized into private label products and branded products covering licensed brand products. These products catered to kid, teen, sports, leisure, business, travel, and technical segments. It operates in The private label products segment products are produced and sold under both Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) businesses to the brand owners or their licensees. The branded label products segment products branded under the Group's proprietary Ellehammer brand as well as the licensed brands, distributed through the Group's sales network.
Executives
Berg Group Holding Limited
Gp Group Investment Holding Limited
Grimshaw Stuart Ian 2101 Beneficial owner
Berg Thomas 2201 Interest of corporation controlled by you

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