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Forcera Materials Co (ROCO:3467) Total Inventories : NT$152.2 Mil (As of Jun. 2024)


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What is Forcera Materials Co Total Inventories?

Forcera Materials Co's total inventories for the quarter that ended in Jun. 2024 was NT$152.2 Mil. Forcera Materials Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was NT$152.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Forcera Materials Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$-0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forcera Materials Co's Days Inventory for the six months ended in Jun. 2024 was 109.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forcera Materials Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.67.

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. Forcera Materials Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.50.


Forcera Materials Co Total Inventories Historical Data

The historical data trend for Forcera Materials 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.

* Premium members only.

Forcera Materials Co Total Inventories Chart

Forcera Materials Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
140.67 149.71 154.77 152.88

Forcera Materials Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Inventories Get a 7-Day Free Trial - 154.77 156.49 152.88 152.21

Forcera Materials 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.


Forcera Materials Co  (ROCO:3467) 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.

Forcera Materials 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)
=(164.186+0.75 * 81.63+0.5 * 152.211-308.909
-0-0)/28.2066
=-0.26

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

Forcera Materials 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
=152.5465/254.044*365 / 2
=109.59

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

Forcera Materials 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 )
=254.044 / 152.5465
=1.67

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.

Forcera Materials 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 )
=152.5465 / 305.907
=0.50

* 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.


Forcera Materials Co Total Inventories Related Terms

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Forcera Materials Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 56, Chang'an Road, Hsinchu, TWN
Forcera Materials Co Ltd is a company mainly engaged in the high-purity consumable components required in the semiconductor front-end manufacturing process. The newly completed factory of Taiwan Fine Materials is mainly a complex factory with an automated processing and manufacturing line of consumables and components. The materials processed include ceramics, quartz, silicon, etc. Its scale and output have reached the highest level in Asia.

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