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Niche-Tech Semiconductor Materials (HKSE:08490) Total Inventories : HK$37.4 Mil (As of Dec. 2023)


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What is Niche-Tech Semiconductor Materials Total Inventories?

Niche-Tech Semiconductor Materials's total inventories for the quarter that ended in Dec. 2023 was HK$37.4 Mil. Niche-Tech Semiconductor Materials's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was HK$18.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Niche-Tech Semiconductor Materials's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Niche-Tech Semiconductor Materials's Days Inventory for the three months ended in Dec. 2023 was 38.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Niche-Tech Semiconductor Materials's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.34.

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. Niche-Tech Semiconductor Materials's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.


Niche-Tech Semiconductor Materials Total Inventories Historical Data

The historical data trend for Niche-Tech Semiconductor Materials'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.

Niche-Tech Semiconductor Materials Total Inventories Chart

Niche-Tech Semiconductor Materials Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 32.72 35.65 35.52 33.66 37.45

Niche-Tech Semiconductor Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 33.66 - 28.79 - 37.45

Niche-Tech Semiconductor Materials 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.


Niche-Tech Semiconductor Materials  (HKSE:08490) 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.

Niche-Tech Semiconductor Materials'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)
=(26.968+0.75 * 74.564+0.5 * 37.445-137.194
-0-0)/705.5
=-0.05

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

Niche-Tech Semiconductor Materials's Days Inventory for the three 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
=18.7225/43.812*365 / 4
=38.99

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

Niche-Tech Semiconductor Materials'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 )
=43.812 / 18.7225
=2.34

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.

Niche-Tech Semiconductor Materials'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 )
=18.7225 / 59.045
=0.32

* 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.


Niche-Tech Semiconductor Materials Total Inventories Related Terms

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Niche-Tech Semiconductor Materials (HKSE:08490) Business Description

Traded in Other Exchanges
N/A
Address
Unit 208, 2nd Floor, Lakeside 1, Phase Two, Hong Kong Science Park, Pak Shek Kok, New Territories, Hong Kong, HKG
Niche-Tech Semiconductor Materials Ltd is a semiconductor packaging materials manufacturer. Its products are divided into Bonding Wires, Encapsulants, and Others. Bonding wires include developing, manufacturing, and supply of fine and ultra-fine Bonding Wires such as gold, gold alloy, silver alloy, aluminum, silicone aluminum, copper, copper alloy, and palladium-coated copper. Other products mainly include solder wire, solder bar, solder paste, and bonding tools for PCB application, and Encapsulant includes high-purity liquid glob-top epoxy for COB applications and others. The company generates a majority of its revenue from Bonding wires, and geographically from the People's Republic of China.
Executives
Chows Investment Group Limited 2201 Interest of corporation controlled by you
Niche-tech Investment Holdings Limited 2101 Beneficial owner
Cheng Pak Ching 2202 Interest of your spouse
Ma Ah Muk 2101 Beneficial owner
Chow Chun Kay Stephen 2201 Interest of corporation controlled by you
Chow Fung Wai Lan Rita 2202 Interest of your spouse
Chow Bok Hin Felix 2201 Interest of corporation controlled by you
Chow Kuo Li Jen 2202 Interest of your spouse

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