Xin Yuan Enterprises Group (HKSE:01748) Total Inventories : HK$12.9 Mil (As of Dec. 2023)

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What is Xin Yuan Enterprises Group Total Inventories?

Xin Yuan Enterprises Group's total inventories for the quarter that ended in Dec. 2023 was HK$12.9 Mil. Xin Yuan Enterprises Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$11.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Xin Yuan Enterprises Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Xin Yuan Enterprises Group's Days Inventory for the six months ended in Dec. 2023 was 12.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Xin Yuan Enterprises Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 14.48.

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. Xin Yuan Enterprises Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Xin Yuan Enterprises Group Total Inventories Historical Data

The historical data trend for Xin Yuan Enterprises Group'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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Xin Yuan Enterprises Group Total Inventories Chart

Xin Yuan Enterprises Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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11.77

10.92

16.89

13.84

12.89

Xin Yuan Enterprises Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial											16.89	19.11	13.84	10.11	12.89

Xin Yuan Enterprises Group 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.

Xin Yuan Enterprises Group (HKSE:01748) 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.

Xin Yuan Enterprises Group'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)
=	(167.911	+	0.75 * 2.601	+	0.5 * 12.894	-	494.798
-	0	-	0)	/	440
=	-0.72

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

Xin Yuan Enterprises Group'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
	=	11.4995	/	166.466	*	365 / 2
	=	12.61

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

Xin Yuan Enterprises Group'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 )
	=	166.466	/	11.4995
	=	14.48

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.

Xin Yuan Enterprises Group'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 )
	=	11.4995	/	225.328
	=	0.05

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.

Xin Yuan Enterprises Group Total Inventories Related Terms

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Xin Yuan Enterprises Group (HKSE:01748) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Xin Yuan Enterprises Group Ltd (HKSE:01748) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

No. 23 Changting Street, Room 02–05, 40th Floor, International Commerce Centre, Taijiang, Fuzhou, CHN

Website

https://www.xysgroup.com

Xin Yuan Enterprises Group Ltd is an investment holding company. The company along with its holdings is engaged in providing asphalt tanker chartering and bulk carrier chartering services, and trading of asphalt. It principally provides asphalt tanker chartering services under various types of charter agreements comprising through the agreement with time charters; voyage charters and contracts of affreightment. Its operating segments include Asphalt tanker chartering services, Bulk carrier chartering services, and Asphalt trading.

Executives

Chen Yanbiao	2101 Beneficial owner
Peace Investment Limited	2101 Beneficial owner
Fan Liangquan	2201 Interest of corporation controlled by you
Lan Shaoyun	2201 Interest of corporation controlled by you
Golden Boomer Limited	2101 Beneficial owner
Hong Jian Bin	2202 Interest of your spouse
Industrial Bank Co., Ltd	2106 Person having a security interest in shares
Ni Hualing	2202 Interest of your spouse
Huan Yu Guo Ji Ke Ji Xiang Gang You Xian Gong Si	2101 Beneficial owner
Prosperous Bright Limited	2201 Interest of corporation controlled by you
Chen Maochun	2201 Interest of corporation controlled by you
Perfect Bliss Limited	2101 Beneficial owner
Xu Wenjun	2201 Interest of corporation controlled by you
Zhu Zhen	2202 Interest of your spouse
Wu Kai	2201 Interest of corporation controlled by you

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