Chi Kan Holdings (HKSE:09913) Total Inventories : HK$6 Mil (As of Sep. 2023)

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What is Chi Kan Holdings Total Inventories?

Chi Kan Holdings's total inventories for the quarter that ended in Sep. 2023 was HK$6 Mil. Chi Kan Holdings's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chi Kan Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chi Kan Holdings's Days Inventory for the six months ended in Sep. 2023 was 2.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chi Kan Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 88.57.

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. Chi Kan Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

Chi Kan Holdings Total Inventories Historical Data

The historical data trend for Chi Kan 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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Chi Kan Holdings Total Inventories Chart

Chi Kan Holdings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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8.95

8.24

Chi Kan Holdings Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Inventories	Get a 7-Day Free Trial						0.40	8.95	4.68	8.24	5.71

Chi Kan 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.

Chi Kan Holdings (HKSE:09913) 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.

Chi Kan Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(230.524	+	0.75 * 12.04	+	0.5 * 5.707	-	154.39
-	0	-	8.032)	/	1000
=	0.08

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

Chi Kan Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	6.9745	/	617.699	*	365 / 2
	=	2.06

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

Chi Kan Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	617.699	/	6.9745
	=	88.57

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.

Chi Kan Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	6.9745	/	749.157
	=	0.01

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.

Chi Kan Holdings Total Inventories Related Terms

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Chi Kan Holdings (HKSE:09913) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Chi Kan Holdings Ltd (HKSE:09913) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 650 Cheung Sha Wan Road, Rooms 1008 and 1009, 10th Floor, China Shipbuilding Tower, Kowloon, Hong Kong, HKG

Website

http://www.chikanck.com

Chi Kan Holdings Ltd is a formwork contractor, mainly engaged in the provision of formwork services. The Company is principally engaged in the business of providing formwork services and other construction services in Hong Kong. The company's services include conventional formwork which is built on-site by mainly using timber and plywood; and prefabricated formwork which is built out of prefabricated modules by mainly using aluminium and steel. It also provides other construction services, including plastering, installing curtain walls and other miscellaneous works on an ancillary basis. It derives all its revenue from Hong Kong.

Executives

Ct Vision Strategic Company Limited	2101 Beneficial owner
Ho Chun Kit Gregory	2201 Interest of corporation controlled by you
Magnificent Faith Limited	2101 Beneficial owner
Li Qiang	2201 Interest of corporation controlled by you
Zhongchuang Boli (hong Kong) Co., Ltd.	2101 Beneficial owner
Chan May Kiu	2202 Interest of your spouse
Lo Hon Kwong	2201 Interest of corporation controlled by you
Zhong Chuang Bo Li Ke Ji Kong Gu You Xian Gong Si	2101 Beneficial owner

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