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Daisho Microline Holdings (HKSE:00567) Total Inventories : HK$12.46 Mil (As of Sep. 2023)


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What is Daisho Microline Holdings Total Inventories?

Daisho Microline Holdings's total inventories for the quarter that ended in Sep. 2023 was HK$12.46 Mil. Daisho Microline Holdings's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$12.79 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Daisho Microline Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Daisho Microline Holdings's Days Inventory for the six months ended in Sep. 2023 was 79.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Daisho Microline Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.29.

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. Daisho Microline Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.34.


Daisho Microline Holdings Total Inventories Historical Data

The historical data trend for Daisho Microline 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.

Daisho Microline Holdings Total Inventories Chart

Daisho Microline Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.08 11.84 10.21 13.11

Daisho Microline Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 19.17 10.21 7.96 13.11 12.46

Daisho Microline 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.


Daisho Microline Holdings  (HKSE:00567) 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.

Daisho Microline 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)
=(42.817+0.75 * 14.579+0.5 * 12.461-28.256
-0-0)/1613.29
=0.02

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

Daisho Microline 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
=12.7865/29.224*365 / 2
=79.85

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

Daisho Microline 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 )
=29.224 / 12.7865
=2.29

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.

Daisho Microline 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 )
=12.7865 / 37.288
=0.34

* 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.


Daisho Microline Holdings Total Inventories Related Terms

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Daisho Microline Holdings (HKSE:00567) Business Description

Traded in Other Exchanges
N/A
Address
33 Lee Chung Street, Unit A, 10th Floor, Fook Hing Industrial Building, Chai Wan, Hong Kong, HKG
Daisho Microline Holdings Ltd is an investment holding company. The company's segment includes the Manufacturing and trading of printed circuit boards; and the Manufacturing and trading of printing and packaging products. The company generates maximum revenue from the Manufacturing and trading of printing and packaging products segment.
Executives
Ng Man Chan 2101 Beneficial owner
Li Mi Lai 2202 Interest of your spouse
Ng Man Chan 2103 Interests held jointly with another person
Chu Yuet Wah 2201 Interest of corporation controlled by you
Spring Global Enterprises Limited 2101 Beneficial owner
Cheung Ling Mun 2101 Beneficial owner
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Apact Consultancy (hong Kong) Company Limited 2102 Investment manager
Cheung Lai Ming 2101 Beneficial owner
Cheung Lai Na 2301 Trustee

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