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Asti Holdings (SGX:575) Total Inventories : S$3.21 Mil (As of Jun. 2023)


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What is Asti Holdings Total Inventories?

Asti Holdings's total inventories for the quarter that ended in Jun. 2023 was S$3.21 Mil. Asti Holdings's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Jun. 2023 was S$3.34 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Asti Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was S$0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asti Holdings's Days Inventory for the six months ended in Jun. 2023 was 27.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asti Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 was 6.59.

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. Asti Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.12.


Asti Holdings Total Inventories Historical Data

The historical data trend for Asti Holdings'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.

Asti Holdings Total Inventories Chart

Asti Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.07 3.06 3.24 2.79 3.52

Asti Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 2.79 1.95 3.52 3.48 3.21

Asti Holdings 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.


Asti Holdings  (SGX:575) 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.

Asti Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21.042+0.75 * 11.187+0.5 * 3.206-32.079
-0--9.1)/654.732
=0.01

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

Asti Holdings's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=3.342/22.014*365 / 2
=27.71

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

Asti Holdings's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=22.014 / 3.342
=6.59

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.

Asti Holdings's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=3.342 / 28.363
=0.12

* 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.


Asti Holdings Total Inventories Related Terms

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Asti Holdings (SGX:575) Business Description

Traded in Other Exchanges
N/A
Address
33 Ubi Avenue 3, Number 08-69 Vertex, Singapore, SGP, 408868
Asti Holdings Ltd is engaged in research, design, develop and manufacture semiconductor equipment for customers. It provides an integrated range of services comprising Backend Equipment Solutions and Technologies ( BEST) and Services. The company offers equipment contract manufacturing services, which include manufacturing precision parts, modules, and standalone equipment assembly. It also designs and develops advanced packaging solutions for semiconductors, targeting the mobility and 3C convergent markets. The company's business comprises of Semiconductor Equipment, Semiconductor Manufacturing Services, Semiconductor Packaging Solutions, Equipment Contract Manufacturing Services (ECMS), and Services.

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