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Taiwan Kong King Co (ROCO:3093) Total Inventories : NT$89 Mil (As of Mar. 2024)


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What is Taiwan Kong King Co Total Inventories?

Taiwan Kong King Co's total inventories for the quarter that ended in Mar. 2024 was NT$89 Mil. Taiwan Kong King Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$86 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Taiwan Kong King Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$3.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiwan Kong King Co's Days Inventory for the three months ended in Mar. 2024 was 72.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Kong King Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.26.

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. Taiwan Kong King Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.41.


Taiwan Kong King Co Total Inventories Historical Data

The historical data trend for Taiwan Kong King Co'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.

Taiwan Kong King Co Total Inventories Chart

Taiwan Kong King Co 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 69.02 85.24 106.59 162.81 83.35

Taiwan Kong King Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 107.87 112.95 98.73 83.35 88.97

Taiwan Kong King Co 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.


Taiwan Kong King Co  (ROCO:3093) 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.

Taiwan Kong King Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(870.555+0.75 * 197.325+0.5 * 88.968-591.336
-0-0)/145.156
=3.25

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

Taiwan Kong King Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=86.16/108.843*365 / 4
=72.23

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

Taiwan Kong King Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=108.843 / 86.16
=1.26

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.

Taiwan Kong King Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=86.16 / 207.807
=0.41

* 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.


Taiwan Kong King Co Total Inventories Related Terms

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Taiwan Kong King Co (ROCO:3093) Business Description

Traded in Other Exchanges
N/A
Address
5F.-1, No.66, Nan Kan Road, Sec. 2, Luzhu District, Taoyuan, TWN, 338
Taiwan Kong King Co Ltd is an agent for electronics-related manufacturers in Taiwan and China. The company's products include PCB, SMT, semiconductor, solar, LED, optoelectronic communication, and chemical material, and also provides equipment technical services. The company operates in four segments; Customer Service Segment, Electronics Segment, PCB Segment, and Production Segment. PCB segment involves marketing for PCB equipment and materials, market research, business activities, market development plans, and implementation and contributes to the majority of the company's revenue.

Taiwan Kong King Co (ROCO:3093) Headlines

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