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Sun Hing Printing Holdings (HKSE:01975) Total Inventories : HK$26.7 Mil (As of Dec. 2023)


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What is Sun Hing Printing Holdings Total Inventories?

Sun Hing Printing Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$26.7 Mil. Sun Hing Printing Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$28.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sun Hing Printing Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sun Hing Printing Holdings's Days Inventory for the six months ended in Dec. 2023 was 48.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun Hing Printing Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.74.

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. Sun Hing Printing Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.


Sun Hing Printing Holdings Total Inventories Historical Data

The historical data trend for Sun Hing Printing 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.

Sun Hing Printing Holdings Total Inventories Chart

Sun Hing Printing Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 25.06 24.39 67.08 65.90 30.27

Sun Hing Printing Holdings Semi-Annual Data
Jun15 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 52.32 65.90 47.28 30.27 26.71

Sun Hing Printing 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.


Sun Hing Printing Holdings  (HKSE:01975) 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.

Sun Hing Printing 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)
=(282.498+0.75 * 34.019+0.5 * 26.708-174.485
-0-0)/480
=0.31

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

Sun Hing Printing 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
=28.4895/106.652*365 / 2
=48.75

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

Sun Hing Printing 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 )
=106.652 / 28.4895
=3.74

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.

Sun Hing Printing 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 )
=28.4895 / 152.718
=0.19

* 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.


Sun Hing Printing Holdings Total Inventories Related Terms

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Sun Hing Printing Holdings (HKSE:01975) Business Description

Traded in Other Exchanges
N/A
Address
35-37 Lee Chung Street, 4th Floor, Sze Hing Industrial Building, Chai Wan, Hong Kong, HKG
Sun Hing Printing Holdings Ltd printing service provider. The company provides printing services that involves printing solution consultation, pre-press, offset printing, post-press to delivery. The group has only one reportable operating segment which is the manufacture and sale of printing products. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States of America, Hong Kong, Oceania and Other Countries.
Executives
Goody Capital Limited
Goody Luck Limited
Chan Chi Ming
Chan Chun Sang Desmond
Chan Kenneth Chi Kin
Chan Peter Tit Sang
Leong Angela On Kei
Chan Lai Lin Diana
Lee Shuk Fong Rebecca
Tso Yin Wah
Wong Orangeo Wendy

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