OToBrite Electronic (ROCO:2256) Total Inventories : NT$79.0 Mil (As of Jun. 2024)

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What is OToBrite Electronic Total Inventories?

OToBrite Electronic's total inventories for the quarter that ended in Jun. 2024 was NT$79.0 Mil. OToBrite Electronic's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was NT$82.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. OToBrite Electronic's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$2.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. OToBrite Electronic's Days Inventory for the six months ended in Jun. 2024 was 133.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. OToBrite Electronic's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.36.

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. OToBrite Electronic's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.52.

OToBrite Electronic Total Inventories Historical Data

The historical data trend for OToBrite Electronic'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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OToBrite Electronic Total Inventories Chart

OToBrite Electronic Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

69.45

71.56

219.63

180.31

86.07

OToBrite Electronic Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial					274.19	180.31	148.12	86.07	79.03

OToBrite Electronic 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.

OToBrite Electronic (ROCO:2256) 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.

OToBrite Electronic's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(145.056	+	0.75 * 51.815	+	0.5 * 79.028	-	125.973
-	0	-	0)	/	38.469
=	2.53

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

OToBrite Electronic's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	82.5475	/	112.485	*	365 / 2
	=	133.93

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

OToBrite Electronic's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	112.485	/	82.5475
	=	1.36

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.

OToBrite Electronic's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	82.5475	/	158.215
	=	0.52

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.

OToBrite Electronic Total Inventories Related Terms

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OToBrite Electronic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » OToBrite Electronic Inc (ROCO:2256) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

No.18, Prosperity Rd.II, 6th Floor, Science-Based Industrial Park, Hsinchu, TWN

Website

https://www.otobrite.com

OToBrite Electronic Inc is dedicated to developing driver safety system products and artificial intelligence technologies. With a vision to provide innovative and world- leading vehicle imaging system and advanced driver assistance system, oToBrite strives to make driving simpler and safer, and to contribute to the development of automated driving technology.

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