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HK Electric Investments and HK Electric Investments (HKSE:02638) Total Inventories : HK$1,003 Mil (As of Dec. 2023)


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What is HK Electric Investments and HK Electric Investments Total Inventories?

HK Electric Investments and HK Electric Investments's total inventories for the quarter that ended in Dec. 2023 was HK$1,003 Mil. HK Electric Investments and HK Electric Investments's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$1,110 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HK Electric Investments and HK Electric Investments's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-7.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HK Electric Investments and HK Electric Investments's Days Inventory for the six months ended in Dec. 2023 was 70.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. HK Electric Investments and HK Electric Investments's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.59.

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. HK Electric Investments and HK Electric Investments's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.


HK Electric Investments and HK Electric Investments Total Inventories Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments Total Inventories Chart

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 819.00 726.00 904.00 1,446.00 1,003.00

HK Electric Investments and HK Electric Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 904.00 1,774.00 1,446.00 1,216.00 1,003.00

HK Electric Investments and HK Electric Investments 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.


HK Electric Investments and HK Electric Investments  (HKSE:02638) 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.

HK Electric Investments and HK Electric Investments'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)
=(21+0.75 * 724+0.5 * 1003-69562
-0-0)/8836.2
=-7.75

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

HK Electric Investments and HK Electric Investments'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
=1109.5/2879*365 / 2
=70.33

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

HK Electric Investments and HK Electric Investments'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 )
=2879 / 1109.5
=2.59

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.

HK Electric Investments and HK Electric Investments'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 )
=1109.5 / 6177
=0.18

* 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.


HK Electric Investments and HK Electric Investments Total Inventories Related Terms

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HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

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