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Tien Li Offshore Wind Technology Co (ROCO:6793) Total Inventories : NT$30 Mil (As of Dec. 2023)


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What is Tien Li Offshore Wind Technology Co Total Inventories?

Tien Li Offshore Wind Technology Co's total inventories for the quarter that ended in Dec. 2023 was NT$30 Mil. Tien Li Offshore Wind Technology Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was NT$26 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tien Li Offshore Wind Technology Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-5.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tien Li Offshore Wind Technology Co's Days Inventory for the six months ended in Dec. 2023 was 9.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tien Li Offshore Wind Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.77.

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. Tien Li Offshore Wind Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.


Tien Li Offshore Wind Technology Co Total Inventories Historical Data

The historical data trend for Tien Li Offshore Wind Technology 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.

Tien Li Offshore Wind Technology Co Total Inventories Chart

Tien Li Offshore Wind Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial - - 11.60 22.51 29.69

Tien Li Offshore Wind Technology Co Semi-Annual Data
Dec17 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 11.60 14.09 22.51 23.27 29.69

Tien Li Offshore Wind Technology 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.


Tien Li Offshore Wind Technology Co  (ROCO:6793) 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.

Tien Li Offshore Wind Technology Co'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)
=(231.859+0.75 * 214.963+0.5 * 29.685-803.033
-0-0)/70
=-5.64

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

Tien Li Offshore Wind Technology Co'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
=26.4775/496.98*365 / 2
=9.72

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

Tien Li Offshore Wind Technology Co'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 )
=496.98 / 26.4775
=18.77

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.

Tien Li Offshore Wind Technology Co'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 )
=26.4775 / 645.243
=0.04

* 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.


Tien Li Offshore Wind Technology Co Total Inventories Related Terms

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Tien Li Offshore Wind Technology Co (ROCO:6793) Business Description

Traded in Other Exchanges
N/A
Address
Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596
Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

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