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Sinher Technology (TPE:4999) Total Inventories : NT$308 Mil (As of Mar. 2024)


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What is Sinher Technology Total Inventories?

Sinher Technology's total inventories for the quarter that ended in Mar. 2024 was NT$308 Mil. Sinher Technology's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$284 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sinher Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$22.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinher Technology's Days Inventory for the three months ended in Mar. 2024 was 73.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinher Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.25.

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. Sinher Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.


Sinher Technology Total Inventories Historical Data

The historical data trend for Sinher Technology'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.

Sinher Technology Total Inventories Chart

Sinher Technology 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 285.67 523.38 419.69 309.76 260.46

Sinher Technology 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 348.23 297.31 300.08 260.46 308.11

Sinher Technology 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.


Sinher Technology  (TPE:4999) 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.

Sinher Technology'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)
=(1707.143+0.75 * 640.789+0.5 * 308.111-652.197
-0-0)/73.617
=22.95

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

Sinher Technology'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
=284.2865/354*365 / 4
=73.28

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

Sinher Technology'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 )
=354 / 284.2865
=1.25

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.

Sinher Technology'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 )
=284.2865 / 415.863
=0.68

* 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.


Sinher Technology Total Inventories Related Terms

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Sinher Technology (TPE:4999) Business Description

Traded in Other Exchanges
N/A
Address
No.27-1, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 22180
Sinher Technology Inc Ltd is engaged in researching, developing, manufacturing, and selling the parts of the hinge. The company offers an NB hinge, Detachable hinge, NB module hinge, Tablet module hinge, 3C hinge, AIO & LCD hinge, and Others. The company's majority of the revenue is generated from China followed by Japan and Taiwan.

Sinher Technology (TPE:4999) Headlines

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