Genes Tech Group Holdings Co (HKSE:08257) Total Inventories : HK$255.2 Mil (As of Dec. 2023)

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What is Genes Tech Group Holdings Co Total Inventories?

Genes Tech Group Holdings Co's total inventories for the quarter that ended in Dec. 2023 was HK$255.2 Mil. Genes Tech Group Holdings Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was HK$127.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Genes Tech Group Holdings Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$-0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Genes Tech Group Holdings Co's Days Inventory for the three months ended in Dec. 2023 was 287.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Genes Tech Group Holdings Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.32.

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. Genes Tech Group Holdings Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.27.

Genes Tech Group Holdings Co Total Inventories Historical Data

The historical data trend for Genes Tech Group Holdings 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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Genes Tech Group Holdings Co Total Inventories Chart

Genes Tech Group Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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388.58

414.41

448.48

335.61

255.23

Genes Tech Group Holdings Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															335.61	-	301.08	-	255.23

Genes Tech Group Holdings 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.

Genes Tech Group Holdings Co (HKSE:08257) 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.

Genes Tech Group Holdings 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)
=	(37.67	+	0.75 * 45.044	+	0.5 * 255.225	-	324.19
-	0	-	0)	/	1000
=	-0.13

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

Genes Tech Group Holdings Co's Days Inventory for the three 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
	=	127.6125	/	40.532	*	365 / 4
	=	287.29

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

Genes Tech Group Holdings 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 )
	=	40.532	/	127.6125
	=	0.32

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.

Genes Tech Group Holdings 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 )
	=	127.6125	/	56.223
	=	2.27

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.

Genes Tech Group Holdings Co Total Inventories Related Terms

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Genes Tech Group Holdings Co (HKSE:08257) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Genes Tech Group Holdings Co Ltd (HKSE:08257) » Definitions » Total Inventories

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Address

No. 80, Baotai 3rd Road, Hsinchu County, Zhubei City, TWN, 30244

Website

http://www.genestech.com

Genes Tech Group Holdings Co Ltd is engaged in the business of Provision of turnkey solution and Trading of used semiconductor manufacturing equipment and parts. It generates prime revenue from the Provision of turnkey solution segment. The company offers turnkey solution of used SME and Parts to customers who need to alter and upgrade the semiconductors of production systems from time to time. The SME and parts supplied by the group include furnaces, clean tracks, and other related items, which are used at the front-end of the semiconductor manufacturing process, wafer fabrication, such as deposition, photoresist coating, and development. It has a business presence in Taiwan, the PRC, Singapore, the United States, Japan and other countries.

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