Global Strategic Group (HKSE:08007) Total Inventories : HK$0.6 Mil (As of Sep. 2023)

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What is Global Strategic Group Total Inventories?

Global Strategic Group's total inventories for the quarter that ended in Sep. 2023 was HK$0.6 Mil. Global Strategic Group's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was HK$0.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Global Strategic Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was HK$-0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Strategic Group's Days Inventory for the three months ended in Sep. 2023 was 0.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Strategic Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 122.12.

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. Global Strategic Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

Global Strategic Group Total Inventories Historical Data

The historical data trend for Global Strategic 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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Global Strategic Group Total Inventories Chart

Global Strategic Group Annual Data

Trend

Jun13

Jun14

Dec15

Dec16

Dec17

Dec18

Sep20

Sep21

Sep22

Sep23

Total Inventories

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0.49

0.77

0.80

1.49

0.57

Global Strategic Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Inventories	Get a 7-Day Free Trial															1.49	-	0.26	-	0.57

Global Strategic 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.

Global Strategic Group (HKSE:08007) 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.

Global Strategic Group'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)
=	(9.385	+	0.75 * 8.086	+	0.5 * 0.565	-	207.548
-	0	-	89.268)	/	455.86
=	-0.62

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

Global Strategic Group's Days Inventory for the three 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
	=	0.2825	/	34.5	*	365 / 4
	=	0.75

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

Global Strategic Group'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 )
	=	34.5	/	0.2825
	=	122.12

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.

Global Strategic Group'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 )
	=	0.2825	/	45.062
	=	0.01

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.

Global Strategic Group Total Inventories Related Terms

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Global Strategic Group (HKSE:08007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Strategic Group Ltd (HKSE:08007) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Lockhart Road, Room 803, 8th Floor, Wanchai Central Building, Wan Cha, Hong Kong, HKG

Website

http://www.globalstrategicgroup.com.hk

Global Strategic Group Ltd is an investment holding company. The company's operating segment includes Natural gas operations; sales and Leasing business and Independent financial advisory. It generates maximum revenue from the Natural gas operations segment. The Natural gas operations segment includes investment in natural gas projects, sales of natural gas, natural gas cooking appliance and accessories, and pipeline installation. Geographically, it derives a majority of revenue from China.

Executives

Sze Ching Lau
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Rifa Securities Limited	2105 Underwriter
Jiang Bin	2101 Beneficial owner
Procanse International Trading Company Ltd	2201 Interest of corporation controlled by you
Infinite Tencent Group Holdings Limited	2201 Interest of corporation controlled by you
Infinite Tencent Media Group Limited	2201 Interest of corporation controlled by you
Wei Yue Tong	2201 Interest of corporation controlled by you
Yi He Group Holdings Limited	2201 Interest of corporation controlled by you

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