Jong Shyn Shipbuilding Co (ROCO:2644) Total Inventories : NT$476 Mil (As of Jun. 2024)

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What is Jong Shyn Shipbuilding Co Total Inventories?

Jong Shyn Shipbuilding Co's total inventories for the quarter that ended in Jun. 2024 was NT$476 Mil. Jong Shyn Shipbuilding Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was NT$634 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jong Shyn Shipbuilding Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$-60.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jong Shyn Shipbuilding Co's Days Inventory for the six months ended in Jun. 2024 was 55.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jong Shyn Shipbuilding Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.28.

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. Jong Shyn Shipbuilding Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.28.

Jong Shyn Shipbuilding Co Total Inventories Historical Data

The historical data trend for Jong Shyn Shipbuilding 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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Jong Shyn Shipbuilding Co Total Inventories Chart

Jong Shyn Shipbuilding Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

362.83

448.41

541.80

548.65

791.47

Jong Shyn Shipbuilding Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial				593.15	548.65	744.51	791.47	476.20

Jong Shyn Shipbuilding 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.

Jong Shyn Shipbuilding Co (ROCO:2644) 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.

Jong Shyn Shipbuilding Co'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)
=	(2004.84	+	0.75 * 188.35	+	0.5 * 476.199	-	7315.795
-	0	-	0)	/	81.325
=	-60.64

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

Jong Shyn Shipbuilding Co'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
	=	633.836	/	2078.493	*	365 / 2
	=	55.65

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

Jong Shyn Shipbuilding Co'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 )
	=	2078.493	/	633.836
	=	3.28

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.

Jong Shyn Shipbuilding Co'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 )
	=	633.836	/	2235.758
	=	0.28

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.

Jong Shyn Shipbuilding Co Total Inventories Related Terms

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Jong Shyn Shipbuilding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Jong Shyn Shipbuilding Co Ltd (ROCO:2644) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

No. 92, Lane 108, Zhongzhou 3rd Road, Qijin District, Kaohsiung, TWN, 805301

Website

https://www.jongshyn.com

Jong Shyn Shipbuilding Co Ltd is engaged in the manufacturing and sale of ship vessels. The construction categories include patrol ships, lifeguard boats, passenger ships, oil and chemical tankers, high-tech research vessels, ultra-low temperature fridge vessels, yachts, and all kinds of fishing boats and others. Its services include Shipbuilding; Ship and Yacht repairing; Shaft Processing and Yacht Maintenance.

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