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Skardin Industrial (ROCO:3466) Total Inventories : NT$93.8 Mil (As of Mar. 2024)


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What is Skardin Industrial Total Inventories?

Skardin Industrial's total inventories for the quarter that ended in Mar. 2024 was NT$93.8 Mil. Skardin Industrial's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$110.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Skardin Industrial's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-0.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Skardin Industrial's Days Inventory for the three months ended in Mar. 2024 was 108.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Skardin Industrial's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.84.

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. Skardin Industrial's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.96.


Skardin Industrial Total Inventories Historical Data

The historical data trend for Skardin Industrial'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.

Skardin Industrial Total Inventories Chart

Skardin Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 158.30 245.88 189.72 258.09 127.05

Skardin Industrial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 185.41 96.18 58.72 127.05 93.77

Skardin Industrial 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.


Skardin Industrial  (ROCO:3466) 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.

Skardin Industrial's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(443.094+0.75 * 193.487+0.5 * 93.774-693.216
-0-0)/61.2006
=-0.95

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

Skardin Industrial's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=110.4105/93.008*365 / 4
=108.32

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

Skardin Industrial's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=93.008 / 110.4105
=0.84

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.

Skardin Industrial's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=110.4105 / 115.535
=0.96

* 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.


Skardin Industrial Total Inventories Related Terms

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Skardin Industrial (ROCO:3466) Business Description

Traded in Other Exchanges
N/A
Address
No. 123-1, Hsing De Road, 8th Floor, Sanchung District, Taipei, TWN
Skardin Industrial Corp manufactures and distributes set-top boxes. Its products include analogue satellite receiver, digital satellite receiver, digital terrestrial receivers, and digital cable receivers, among others.

Skardin Industrial (ROCO:3466) Headlines

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