Hevol Services Group Co (HKSE:06093) Total Inventories : HK$2 Mil (As of Dec. 2023)

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What is Hevol Services Group Co Total Inventories?

Hevol Services Group Co's total inventories for the quarter that ended in Dec. 2023 was HK$2 Mil. Hevol Services Group Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hevol Services Group Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hevol Services Group Co's Days Inventory for the six months ended in Dec. 2023 was 0.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hevol Services Group Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 341.45.

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. Hevol Services Group Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Hevol Services Group Co Total Inventories Historical Data

The historical data trend for Hevol Services Group 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.

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Hevol Services Group Co Total Inventories Chart

Hevol Services Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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0.12

0.21

0.72

1.81

1.51

Hevol Services Group Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial									0.72	1.08	1.81	1.88	1.51

Hevol Services Group 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.

Hevol Services Group Co (HKSE:06093) 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.

Hevol Services Group Co'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)
=	(417.151	+	0.75 * 424.717	+	0.5 * 1.511	-	957.239
-	0	-	87.887)	/	560
=	-0.55

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

Hevol Services Group Co'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
	=	1.6955	/	578.922	*	365 / 2
	=	0.53

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

Hevol Services Group Co'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 )
	=	578.922	/	1.6955
	=	341.45

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.

Hevol Services Group Co'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 )
	=	1.6955	/	728.933
	=	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.

Hevol Services Group Co Total Inventories Related Terms

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Hevol Services Group Co (HKSE:06093) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hevol Services Group Co Ltd (HKSE:06093) » Definitions » Total Inventories

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Traded in Other Exchanges

N/A

Address

No. 18A Zhongguancun South Street, 16th Floor, Block D, Newlogo International Building, Haidian District, Beijing, CHN, 100081

Website

http://www.hevolwy.com.cn

Hevol Services Group Co Ltd is engaged in the provision of property management services and related value-added services in the PRC. The firm's operating segments are Property management services, Community value-added services, and Value-added services to non-property owners. The company generates a majority of its revenue from the Property management segment. Geographically, it generates revenue from the People's Republic of China. The company's projects are Sanya Hehong Holiday Sunshine, Chongqing Hehong Wenhua Mansion, and Changsha Hehong Taoli Chunfeng among others.

Executives

Brilliant Brother Group Limited	2101 Beneficial owner
Liu Hong	2202 Interest of your spouse
Liu Jiang	2201 Interest of corporation controlled by you

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