GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Eagle Nice (International) Holdings Ltd (HKSE:02368) » Definitions » Total Inventories

Eagle Nice (International) Holdings (HKSE:02368) Total Inventories : HK$489 Mil (As of Sep. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Eagle Nice (International) Holdings Total Inventories?

Eagle Nice (International) Holdings's total inventories for the quarter that ended in Sep. 2023 was HK$489 Mil. Eagle Nice (International) Holdings's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Sep. 2023 was HK$583 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Eagle Nice (International) Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eagle Nice (International) Holdings's Days Inventory for the six months ended in Sep. 2023 was 53.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eagle Nice (International) Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.44.

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. Eagle Nice (International) Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.23.


Eagle Nice (International) Holdings Total Inventories Historical Data

The historical data trend for Eagle Nice (International) 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.

Eagle Nice (International) Holdings Total Inventories Chart

Eagle Nice (International) 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 501.90 570.11 572.71 728.96 677.18

Eagle Nice (International) 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 551.57 728.96 476.34 677.18 489.36

Eagle Nice (International) 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.


Eagle Nice (International) Holdings  (HKSE:02368) 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.

Eagle Nice (International) 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)
=(646.82+0.75 * 698.854+0.5 * 489.359-1536.949
-0-56.429)/533.8
=-0.33

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

Eagle Nice (International) 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
=583.2715/2004.054*365 / 2
=53.12

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

Eagle Nice (International) 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 )
=2004.054 / 583.2715
=3.44

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.

Eagle Nice (International) 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 )
=583.2715 / 2521.917
=0.23

* 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.


Eagle Nice (International) Holdings Total Inventories Related Terms

Thank you for viewing the detailed overview of Eagle Nice (International) Holdings's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Eagle Nice (International) Holdings (HKSE:02368) Business Description

Traded in Other Exchanges
N/A
Address
70 Ta Chuen Ping Street, 9th Floor, Tower B, Regent Centre, Units 0902-0903 and 0905-0906, New Territories, Kwai Chung, HKG
Eagle Nice (International) Holdings Ltd is an investment holding company based in Hong Kong. The company, along with its subsidiaries, is primarily engaged in the manufacturing and trading of sportswear and garments. Some of the company's products include down Jackets, Tracksuits, Sweaters, and Sports pants, among others. Geographically, the company's reportable segments are Mainland China, USA, Europe, Japan, and Others. It derives a majority of revenue from Mainland China followed by the US and Europe.
Executives
Webb David Michael 2201 Interest of corporation controlled by you
Chung Yuk Sing 2101 Beneficial owner
Huang Yongbiao 2101 Beneficial owner
Chen Hsiao Ying 2101 Beneficial owner
Pou Chen Corporation 2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited 2201 Interest of corporation controlled by you
Time Easy Investment Holdings Limited
Excel Skill International Limited

Eagle Nice (International) Holdings (HKSE:02368) Headlines

No Headlines