Zhong An Intelligent Living Service (HKSE:02271) Total Inventories : HK$0.1 Mil (As of Jun. 2023)

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What is Zhong An Intelligent Living Service Total Inventories?

Zhong An Intelligent Living Service's total inventories for the quarter that ended in Jun. 2023 was HK$0.1 Mil. Zhong An Intelligent Living Service's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Jun. 2023 was HK$0.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Zhong An Intelligent Living Service's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was HK$0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zhong An Intelligent Living Service's Days Inventory for the six months ended in Jun. 2023 was 0.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhong An Intelligent Living Service's Inventory Turnover for the quarter that ended in Jun. 2023 was 1,622.78.

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. Zhong An Intelligent Living Service's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

Zhong An Intelligent Living Service Total Inventories Historical Data

The historical data trend for Zhong An Intelligent Living Service'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.

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Zhong An Intelligent Living Service Total Inventories Chart

Zhong An Intelligent Living Service Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

0.31

0.26

0.10

0.08

0.25

Zhong An Intelligent Living Service Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial			-	0.10	0.08	0.07	0.25

Zhong An Intelligent Living Service 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.

Zhong An Intelligent Living Service (HKSE:02271) 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.

Zhong An Intelligent Living Service's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

	Net-Net Working Capital Per Share (Q: Jun. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(45.508	+	0.75 * 115.169	+	0.5 * 0.066	-	112.463
-	0	-	1.964)	/	506.668
=	0.03

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

Zhong An Intelligent Living Service's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	0.074	/	120.086	*	365 / 2
	=	0.11

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

Zhong An Intelligent Living Service's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	120.086	/	0.074
	=	1,622.78

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.

Zhong An Intelligent Living Service's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	0.074	/	181.305
	=	0.00

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.

Zhong An Intelligent Living Service Total Inventories Related Terms

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Zhong An Intelligent Living Service (HKSE:02271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhong An Intelligent Living Service Ltd (HKSE:02271) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 996, Xiaoshao Road, 3rd Floor, Hangzhou, Zhejiang Province, Xiaoshan, CHN

Website

http://www.zazhsh.com

Zhong An Intelligent Living Service Ltd is a integrated property management service provider.

Executives

Whole Good Management Limited	2201 Interest of corporation controlled by you
Zhong An Group Limited	2201 Interest of corporation controlled by you
Zhong An Service Holding Limited	2101 Beneficial owner
Shi Zhongan	2201 Interest of corporation controlled by you
Orient Asset Management (hong Kong) Limited	2102 Investment manager
Orient Finance Holdings (hong Kong) Limited	2201 Interest of corporation controlled by you
Orient Securities Company Limited	2201 Interest of corporation controlled by you
Orient Securities International Financial Group Limited	2201 Interest of corporation controlled by you

Zhong An Intelligent Living Service (HKSE:02271) Headlines

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