Galaxy Software Services (ROCO:6752) Total Inventories : NT$25 Mil (As of Mar. 2024)

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What is Galaxy Software Services Total Inventories?

Galaxy Software Services's total inventories for the quarter that ended in Mar. 2024 was NT$25 Mil. Galaxy Software Services's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$25 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Galaxy Software Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-19.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Galaxy Software Services's Days Inventory for the three months ended in Mar. 2024 was 12.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Galaxy Software Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 7.60.

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. Galaxy Software Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.

Galaxy Software Services Total Inventories Historical Data

The historical data trend for Galaxy Software Services'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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Galaxy Software Services Total Inventories Chart

Galaxy Software Services Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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6.35

6.34

17.97

14.60

25.55

Galaxy Software Services 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															13.87	11.73	12.10	25.55	25.10

Galaxy Software Services 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.

Galaxy Software Services (ROCO:6752) 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.

Galaxy Software Services'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)
=	(687.823	+	0.75 * 165.013	+	0.5 * 25.097	-	1439.819
-	0	-	15.332)	/	32.7751
=	-19.25

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

Galaxy Software Services'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
	=	25.324	/	192.419	*	365 / 4
	=	12.01

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

Galaxy Software Services'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 )
	=	192.419	/	25.324
	=	7.60

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.

Galaxy Software Services'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 )
	=	25.324	/	375.759
	=	0.07

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.

Galaxy Software Services Total Inventories Related Terms

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Galaxy Software Services (ROCO:6752) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Galaxy Software Services Corp (ROCO:6752) » Definitions » Total Inventories

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Address

No. 9 Dehui Street, Zhongshan District, 5th Floor, Taipei, TWN, 10461

Website

https://www.gss.com.tw

Galaxy Software Services Corp is a provider of regional information software and cloud SaaS service. It operates in the information software industry. The company's products include The teamKube job management platform, SPEED new generation of document and file management system, The Vital cloud service family and other.

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