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Beijing UBOX Online Technology (HKSE:02429) Total Inventories : HK$191 Mil (As of Dec. 2023)


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What is Beijing UBOX Online Technology Total Inventories?

Beijing UBOX Online Technology's total inventories for the quarter that ended in Dec. 2023 was HK$191 Mil. Beijing UBOX Online Technology's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$165 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Beijing UBOX Online Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing UBOX Online Technology's Days Inventory for the six months ended in Dec. 2023 was 32.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing UBOX Online Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.63.

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. Beijing UBOX Online Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Beijing UBOX Online Technology Total Inventories Historical Data

The historical data trend for Beijing UBOX Online Technology'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.

Beijing UBOX Online Technology Total Inventories Chart

Beijing UBOX Online Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
257.22 178.01 228.71 160.68 191.31

Beijing UBOX Online Technology Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 228.71 - 160.68 138.73 191.31

Beijing UBOX Online Technology 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.

Beijing UBOX Online Technology  (HKSE:02429) 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.

Beijing UBOX Online Technology'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)
=(380.157+0.75 * 38.202+0.5 * 191.305-591.431
-0-25.948)/779.835
=-0.14

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

Beijing UBOX Online Technology'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
=165.017/928.234*365 / 2
=32.44

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

Beijing UBOX Online Technology'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 )
=928.234 / 165.017
=5.63

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.

Beijing UBOX Online Technology'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 )
=165.017 / 1552.446
=0.11

* 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.

Beijing UBOX Online Technology Total Inventories Related Terms

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Beijing UBOX Online Technology (HKSE:02429) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing UBOX Online Technology Corp (HKSE:02429) » Definitions » Total Inventories
Comparable Companies
Traded in Other Exchanges
N/A
Address
West Second Shenyun Road, 4th Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan, Shenzhen, CHN
Website
https://www.uboxol.com
Beijing UBOX Online Technology Corp is a vending machine operator in mainland China. It has rapidly established an extensive point-of-sale, or POS, network covering a wide range of consumption scenarios, including schools, factories, office premises, public venues, transportation hubs and restaurants. Through its expansive POS network, it is able to provide services to a variety of participants along the unmanned retail industry value chain. The company operates in five business segments; Unmanned retail business, Advertising and system support services, Merchandise wholesale, Vending machine sales and leases, and Others.
Executives
Wang Bin 2501 Other
Qiushi (tianjin) Equity Investment Management Partnership 2201 Interest of corporation controlled by you
Shang Hai Yun Xin Chuang Ye Tou Zi You Xian Gong Si
Ma Yi Ke Ji Ji Tuan Gu Fen You Xian Gong Si
Zhong Jin Zi Ben Yun Ying You Xian Gong Si 2201 Interest of corporation controlled by you
Ma Yun
Jing Eric Xiandong
Jiang Fang
Hu Simon Xiaoming
Hangzhou Yunbo Investment Consulting Co., Ltd.
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
N/a N/a 2201 Interest of corporation controlled by you
Mingde Chunhua (tianjin) Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Chunhua Xingkang (tianjin) Investment Center (limited Partnership) 2201 Interest of corporation controlled by you
Chunhua Rongshun (tianjin) Equity Investment Fund Partnership (limited Partnership) 2101 Beneficial owner

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