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Future World Holdings (HKSE:00572) Total Inventories : HK$0.00 Mil (As of Dec. 2023)


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What is Future World Holdings Total Inventories?

Future World Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Future World Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Future World Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-1.09.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Future World Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was -23.10.

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. Future World Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Future World Holdings Total Inventories Historical Data

The historical data trend for Future World 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.

Future World Holdings Total Inventories Chart

Future World 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 2.40 10.58 13.59 7.57 -

Future World Holdings 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 13.59 10.27 7.57 0.03 -

Future World 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.


Future World Holdings  (HKSE:00572) 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.

Future World 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)
=(170.554+0.75 * 1.612+0.5 * 0-424.856
-0-0)/232.191
=-1.09

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

Future World Holdings'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
=0.0145/-0.335*365 / 2
=

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

Future World 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 )
=-0.335 / 0.0145
=-23.10

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.

Future World 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 )
=0.0145 / 10.051
=0.00

* 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.


Future World Holdings Total Inventories Related Terms

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Future World Holdings (HKSE:00572) Business Description

Traded in Other Exchanges
N/A
Address
30 Harbour Road, Room 2601-2604 and 2637-2640, 26th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related service. Majority of revenue is derived from Provision of financing services segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.
Executives
Lai Long Wai 2201 Interest of corporation controlled by you
China Clean Energy Technology Limited 2101 Beneficial owner
Chu Mo Kwan 2101 Beneficial owner
Zhao Zhiqiang 2101 Beneficial owner
Fang Wen Wen
Chu Mo Kwan
Yip Chun Tat 2101 Beneficial owner
Yang Xuanzi 2101 Beneficial owner
Tan Jinkang 2101 Beneficial owner
Liu Mingzhong 2101 Beneficial owner
East Jumbo Development Limited 2501 Other
Or Den Fung Bonnie 2401 A concert party to an agreement to buy shares
Hrg Robotics International Limited
Ha Gong Da Ji Qi Ren Ji Tuan Shang Hai Ke Ji Fu Wu You Xian Gong Si
Ha Gong Da Ji Qi Ren Ji Tuan Gu Fen You Xian Gong Si

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