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Shanghai Chicmax Cosmetic Co (HKSE:02145) Total Inventories : HK$559 Mil (As of Dec. 2023)


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What is Shanghai Chicmax Cosmetic Co Total Inventories?

Shanghai Chicmax Cosmetic Co's total inventories for the quarter that ended in Dec. 2023 was HK$559 Mil. Shanghai Chicmax Cosmetic Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$538 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shanghai Chicmax Cosmetic Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Chicmax Cosmetic Co's Days Inventory for the six months ended in Dec. 2023 was 131.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Chicmax Cosmetic Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.38.

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. Shanghai Chicmax Cosmetic Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Shanghai Chicmax Cosmetic Co Total Inventories Historical Data

The historical data trend for Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic Co Total Inventories Chart

Shanghai Chicmax Cosmetic Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
563.31 684.34 760.64 578.58 558.66

Shanghai Chicmax Cosmetic Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 760.64 669.86 578.58 516.76 558.66

Shanghai Chicmax Cosmetic 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.

Shanghai Chicmax Cosmetic Co  (HKSE:02145) 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.

Shanghai Chicmax Cosmetic Co'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)
=(1000.262+0.75 * 347.218+0.5 * 558.655-1202.719
-0-22.084)/397.958
=0.79

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

Shanghai Chicmax Cosmetic Co'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
=537.709/743.726*365 / 2
=131.95

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

Shanghai Chicmax Cosmetic Co'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 )
=743.726 / 537.709
=1.38

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.

Shanghai Chicmax Cosmetic Co'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 )
=537.709 / 2848.12
=0.19

* 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.

Shanghai Chicmax Cosmetic Co Total Inventories Related Terms

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Shanghai Chicmax Cosmetic Co (HKSE:02145) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Chicmax Cosmetic Co Ltd (HKSE:02145) » Definitions » Total Inventories
Comparable Companies
HKSE:06993 HKSE:06601 HKSE:00157 HKSE:01925 HKSE:02023 HKSE:03828 HKSE:06893 HKSE:01962 HKSE:00399 HKSE:03332 PG XPAR:OR LSE:ULVR BOM:500696 CL LSE:RKT KMB EL KVUE XTER:BEI
Traded in Other Exchanges
N/A
Address
No. 3300 Zhongshan North Road, 25 Floor, Building B, Putuo District, Shanghai, CHN
Website
http://www.chicmaxgroup.com
Shanghai Chicmax Cosmetic Co Ltd is a China-based multi-brand cosmetics company mainly engaged in the research, development, production, and sales of skincare and maternity and childcare products. It offers a wide range of cosmetics products under various brands, primarily including KANS, One Leaf, and Baby Elephant. The company's products include skin care products, maternal and childcare products, toiletries, and others. The company also operates brands such as BIO-G, KYOCA, ARMIYO, TAZU, and others.
Executives
Lyu Yixiong 2201 Interest of corporation controlled by you
Shanghai Hongyin Investment Co., Ltd. 2101 Beneficial owner
Shanghai Nanyin Investment Co., Ltd. 2101 Beneficial owner
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
China International Capital Corporation (international) Limited 2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited 2105 Underwriter

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