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Shirble Department Store Holdings (China) (HKSE:00312) Total Inventories : HK$3.3 Mil (As of Dec. 2023)


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What is Shirble Department Store Holdings (China) Total Inventories?

Shirble Department Store Holdings (China)'s total inventories for the quarter that ended in Dec. 2023 was HK$3.3 Mil. Shirble Department Store Holdings (China)'s average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$3.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shirble Department Store Holdings (China)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shirble Department Store Holdings (China)'s Days Inventory for the six months ended in Dec. 2023 was 152.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shirble Department Store Holdings (China)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 1.20.

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. Shirble Department Store Holdings (China)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.


Shirble Department Store Holdings (China) Total Inventories Historical Data

The historical data trend for Shirble Department Store Holdings (China)'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.

Shirble Department Store Holdings (China) Total Inventories Chart

Shirble Department Store Holdings (China) 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 10.74 10.82 6.77 3.49 3.32

Shirble Department Store Holdings (China) 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 6.77 5.78 3.49 3.32 3.32

Shirble Department Store Holdings (China) 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.


Shirble Department Store Holdings (China)  (HKSE:00312) 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.

Shirble Department Store Holdings (China)'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)
=(59.586+0.75 * 71.163+0.5 * 3.316-1702.548
-0-0)/2495.000
=-0.64

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

Shirble Department Store Holdings (China)'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
=3.316/3.981*365 / 2
=152.01

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

Shirble Department Store Holdings (China)'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 )
=3.981 / 3.316
=1.20

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.

Shirble Department Store Holdings (China)'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 )
=3.316 / 107.994
=0.03

* 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.


Shirble Department Store Holdings (China) Total Inventories Related Terms

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Shirble Department Store Holdings (China) (HKSE:00312) Business Description

Traded in Other Exchanges
N/A
Address
Block 412 Bagua 4th Road, 7th Floor , Sen Tou Zhi Gu Building, Futian District, Shenzhen, CHN
Shirble Department Store Holdings (China) Ltd is an investment holding company operating in department stores business. Different range of merchandise is offered in the company's department stores, including daily consumer products, household necessities, footwear, textiles, apparel, cosmetics, children's and households' goods and electrical appliances. The group operates in two business segments namely Department stores business, and Others. It generates maximum revenue from Department stores business. The Group's revenue and non-current assets are attributable to the market in the PRC.
Executives
Hao Jian Min
Huang Xue Rong 2304 Executor or administrator
Yang Xiang Bo 2201 Interest of corporation controlled by you
Su Chen 2202 Interest of your spouse

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