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Qualtec Co (TSE:9165) Total Inventories : 円118 Mil (As of Jun. 2023)


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What is Qualtec Co Total Inventories?

Qualtec Co's total inventories for the quarter that ended in Jun. 2023 was 円118 Mil. Qualtec Co's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Jun. 2023 was 円117 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Qualtec Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was 円396.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qualtec Co's Days Inventory for the six months ended in Jun. 2023 was 8.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qualtec Co's Inventory Turnover for the quarter that ended in Jun. 2023 was 20.60.

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. Qualtec Co's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.04.


Qualtec Co Total Inventories Historical Data

The historical data trend for Qualtec 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.

Qualtec Co Total Inventories Chart

Qualtec Co Annual Data
Trend Jun21 Jun22 Jun23
Total Inventories
117.03 115.24 118.46

Qualtec Co Semi-Annual Data
Jun21 Jun22 Jun23
Total Inventories 117.03 115.24 118.46

Qualtec 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.


Qualtec Co  (TSE:9165) 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.

Qualtec Co'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)
=(1263.497+0.75 * 540.608+0.5 * 118.459-797.403
-0-0)/2.35
=396.08

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

Qualtec Co'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
=116.8485/2406.861*365 / 2
=8.86

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

Qualtec Co'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 )
=2406.861 / 116.8485
=20.60

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.

Qualtec Co'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 )
=116.8485 / 3274.204
=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.


Qualtec Co Total Inventories Related Terms

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Qualtec Co (TSE:9165) Business Description

Traded in Other Exchanges
N/A
Address
4-230 Sanbo-cho, Sakai-ku Sakai-shi, Osaka, JPN, 590-0906
Qualtec Co Ltd Provides failure analysis and reliability testing of electronic components and is also engaged in the development and sale of testing equipment; fine processing of electronic components; Microfabrication centered on laser processing and surface treatment (plating) technology etc.

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