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Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Total Inventories : $1,247 Mil (As of Dec. 2023)


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What is Yue Yuen Industrial (Holdings) Total Inventories?

Yue Yuen Industrial (Holdings)'s total inventories for the quarter that ended in Dec. 2023 was $1,247 Mil. Yue Yuen Industrial (Holdings)'s average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $624 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Yue Yuen Industrial (Holdings)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-2.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yue Yuen Industrial (Holdings)'s Days Inventory for the three months ended in Dec. 2023 was 41.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Yue Yuen Industrial (Holdings)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 2.23.

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. Yue Yuen Industrial (Holdings)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.33.


Yue Yuen Industrial (Holdings) Total Inventories Historical Data

The historical data trend for Yue Yuen Industrial (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.

* Premium members only.

Yue Yuen Industrial (Holdings) Total Inventories Chart

Yue Yuen Industrial (Holdings) 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 1,822.85 1,584.93 2,058.02 1,625.12 1,247.00

Yue Yuen Industrial (Holdings) Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 - 1,625.12 1,252.01 - 1,247.00

Yue Yuen Industrial (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.


Yue Yuen Industrial (Holdings)  (OTCPK:YUEIY) 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.

Yue Yuen Industrial (Holdings)'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)
=(1128.585+0.75 * 885.145+0.5 * 1247.003-2648.204
-0-469.76)/322.437
=-2.18

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

Yue Yuen Industrial (Holdings)'s Days Inventory for the three 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
=623.5015/1387.816*365 / 4
=41.00

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

Yue Yuen Industrial (Holdings)'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 )
=1387.816 / 623.5015
=2.23

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.

Yue Yuen Industrial (Holdings)'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 )
=623.5015 / 1903.547
=0.33

* 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.


Yue Yuen Industrial (Holdings) Total Inventories Related Terms

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Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Business Description

Traded in Other Exchanges
Address
108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Yue Yuen Industrial (Holdings) Ltd is engaged in footwear businesses. The company operates in two reportable segments: Manufacturing Business and Retailing Business. Manufacturing Business contributes the majority of the revenue. Its products include athletic shoes, casual shoes, outdoor shoes, sports sandals, soles, components, and Apparel wholesale. The company operates in the United States, China, Europe, Asia, and Others.

Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Headlines

From GuruFocus

Brandes Investment Trust Comments on Yue Yuen

By Holly LaFon 12-04-2015