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Tam Jai International Co (HKSE:02217) Total Inventories : HK$24 Mil (As of Sep. 2023)


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What is Tam Jai International Co Total Inventories?

Tam Jai International Co's total inventories for the quarter that ended in Sep. 2023 was HK$24 Mil. Tam Jai International Co's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$23 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tam Jai International Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tam Jai International Co's Days Inventory for the six months ended in Sep. 2023 was 11.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tam Jai International Co's Inventory Turnover for the quarter that ended in Sep. 2023 was 15.36.

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. Tam Jai International Co's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.


Tam Jai International Co Total Inventories Historical Data

The historical data trend for Tam Jai International 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.

Tam Jai International Co Total Inventories Chart

Tam Jai International Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial 12.96 13.61 16.05 23.18 24.86

Tam Jai International Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.05 20.90 23.18 23.75 24.86

Tam Jai International 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.


Tam Jai International Co  (HKSE:02217) 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.

Tam Jai International Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1339.032+0.75 * 20.251+0.5 * 23.746-1213.896
-0-0)/1340.99
=0.11

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

Tam Jai International Co's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=23.461/360.297*365 / 2
=11.88

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

Tam Jai International Co's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=360.297 / 23.461
=15.36

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.

Tam Jai International Co's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=23.461 / 1387.369
=0.02

* 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.


Tam Jai International Co Total Inventories Related Terms

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Tam Jai International Co (HKSE:02217) Business Description

Traded in Other Exchanges
Address
No. 9 Cheung Yee Street, 8th Floor of D2 Place ONE, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Tam Jai International Co Ltd is a chain restaurant operator for fast casual restaurant chains, with operations in Mainland China and Singapore. It generates maximum revenue from Hong Kong.

Tam Jai International Co (HKSE:02217) Headlines

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