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Finotek Co (XKRX:150440) Total Inventories : ₩0 Mil (As of Dec. 2022)


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What is Finotek Co Total Inventories?

Finotek Co's total inventories for the quarter that ended in Dec. 2022 was ₩0 Mil. Finotek Co's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Dec. 2022 was ₩0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Finotek Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was ₩-1,851.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Finotek Co's Days Inventory for the six months ended in Dec. 2022 was 0.00.

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

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. Finotek Co's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.00.


Finotek Co Total Inventories Historical Data

The historical data trend for Finotek 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.

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Finotek Co Total Inventories Chart

Finotek Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
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Finotek Co Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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Finotek 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.


Finotek Co  (XKRX:150440) 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.

Finotek Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

Net-Net Working Capital Per Share (Q: Dec. 2022 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(476.906+0.75 * 583.86+0.5 * 0-18627.804
-0-0)/9.56541
=-1,851.78

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

Finotek Co's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=0/9434.336*365 / 2
=0.00

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

Finotek Co's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2022 ) / Average Total Inventories (Q: Dec. 2022 )
=9434.336 / 0
=N/A

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.

Finotek Co's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=0 / 10428.76
=0.00

* 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.


Finotek Co Total Inventories Related Terms

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Finotek Co (XKRX:150440) Business Description

Traded in Other Exchanges
N/A
Address
3rd floor, 1 Yangjaechunro 9-Gil, Seocho-Gu, Seoul, KOR
Finotek Co Ltd develops and supply's software, system integration (SI), application development and consulting, system ASP services. The company primarily serves the financial services sector. Geographically, the business is carried out through Korea.

Finotek Co (XKRX:150440) Headlines

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