Seacon Shipping Group Holdings (HKSE:02409) Total Inventories : HK$31 Mil (As of Jun. 2023)

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What is Seacon Shipping Group Holdings Total Inventories?

Seacon Shipping Group Holdings's total inventories for the quarter that ended in Jun. 2023 was HK$31 Mil. Seacon Shipping Group Holdings's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was HK$57 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Seacon Shipping Group Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was HK$-3.24.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Seacon Shipping Group Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.00.

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.

Seacon Shipping Group Holdings Total Inventories Historical Data

The historical data trend for Seacon Shipping Group 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.

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Seacon Shipping Group Holdings Total Inventories Chart

Seacon Shipping Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

38.20

44.20

36.27

82.76

50.19

Seacon Shipping Group Holdings Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial				-	78.87	82.76	30.82	50.19

Seacon Shipping Group 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.

Seacon Shipping Group Holdings (HKSE:02409) 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.

Seacon Shipping Group Holdings'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)
=	(276.881	+	0.75 * 79.756	+	0.5 * 30.815	-	1969.31
-	0	-	0.627)	/	500
=	-3.24

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

Seacon Shipping Group Holdings's Days Inventory for the three 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
	=	56.787	/	0	*	365 / 4
	=

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

Seacon Shipping Group Holdings'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 )
	=	0	/	56.787
	=	0.00

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.

Seacon Shipping Group Holdings'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 )
	=	56.787	/	0
	=

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.

Seacon Shipping Group Holdings Total Inventories Related Terms

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Seacon Shipping Group Holdings (HKSE:02409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Seacon Shipping Group Holdings Ltd (HKSE:02409) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

No. 20 Zhuzhou Road, Rooms 01 and 04, 23rd Floor, Block B, Building 3, Laoshan District, Shandong Province, Qingdao, CHN

Website

http://www.seacon.com

Seacon Shipping Group Holdings Ltd is an integrated shipping services provider. The company's comprehensive solutions include, 1) shipping services and 2) ship management services, covering each process along the value chain of the maritime shipping industry.

Executives

Tricor Equity Trustee Limited	2301 Trustee
Shining Friends Limited	2201 Interest of corporation controlled by you
Oceanic Flame Limited	2201 Interest of corporation controlled by you
Guo Jinkui	2501 Other
Li Xuyue	2202 Interest of your spouse
Jin Qiu Holding Ltd.	2101 Beneficial owner
Chen Meimei	2202 Interest of your spouse
Kaimei Holding Ltd.	2101 Beneficial owner
Jovial Alliance Limited	2101 Beneficial owner
Chen Zekai	2501 Other

Seacon Shipping Group Holdings (HKSE:02409) Headlines

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