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Beijing Gas Blue Sky Holdings (HKSE:06828) Total Inventories : HK$19 Mil (As of Dec. 2023)


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What is Beijing Gas Blue Sky Holdings Total Inventories?

Beijing Gas Blue Sky Holdings's total inventories for the quarter that ended in Dec. 2023 was HK$19 Mil. Beijing Gas Blue Sky Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was HK$20 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Beijing Gas Blue Sky Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Beijing Gas Blue Sky Holdings's Days Inventory for the six months ended in Dec. 2023 was 3.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beijing Gas Blue Sky Holdings's Inventory Turnover for the quarter that ended in Dec. 2023 was 46.26.

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. Beijing Gas Blue Sky Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.


Beijing Gas Blue Sky Holdings Total Inventories Historical Data

The historical data trend for Beijing Gas Blue Sky 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.

Beijing Gas Blue Sky Holdings Total Inventories Chart

Beijing Gas Blue Sky 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 54.36 18.40 15.26 20.26 18.76

Beijing Gas Blue Sky 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 15.26 23.04 20.26 21.79 18.76

Beijing Gas Blue Sky 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.


Beijing Gas Blue Sky Holdings  (HKSE:06828) 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.

Beijing Gas Blue Sky 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)
=(401.434+0.75 * 86.745+0.5 * 18.762-3460.839
-0-215.236)/22736.1
=-0.14

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

Beijing Gas Blue Sky 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
=20.276/938.059*365 / 2
=3.94

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

Beijing Gas Blue Sky 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 )
=938.059 / 20.276
=46.26

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.

Beijing Gas Blue Sky 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 )
=20.276 / 958.829
=0.02

* 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.


Beijing Gas Blue Sky Holdings Total Inventories Related Terms

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Beijing Gas Blue Sky Holdings (HKSE:06828) Business Description

Traded in Other Exchanges
Address
200 Connaught Road, Room 3402-4, 34th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG
Beijing Gas Blue Sky Holdings Ltd is an investment holding company engaged in the sales of natural gas and other related products. It operates in the segments of Natural gas refueling stations, Trading, and distribution of natural gas, Direct supply to industrial users, and City GasCity gas operation segment. The group's operations are located in Mainland China.

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