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Chernan Metal Industrial (ROCO:3631) Total Inventories : NT$232.65 Mil (As of Dec. 2024)


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What is Chernan Metal Industrial Total Inventories?

Chernan Metal Industrial's total inventories for the quarter that ended in Dec. 2024 was NT$232.65 Mil. Chernan Metal Industrial's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was NT$240.12 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chernan Metal Industrial's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$-9.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chernan Metal Industrial's Days Inventory for the three months ended in Dec. 2024 was 670.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chernan Metal Industrial's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.14.

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. Chernan Metal Industrial's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 4.89.


Chernan Metal Industrial Total Inventories Historical Data

The historical data trend for Chernan Metal 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.

Chernan Metal Industrial Total Inventories Chart

Chernan Metal Industrial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.02 246.87 258.81 243.88 232.65

Chernan Metal Industrial Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 243.88 251.95 252.50 247.58 232.65

Chernan Metal 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.


Chernan Metal Industrial  (ROCO:3631) 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.

Chernan Metal Industrial's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(618.487+0.75 * 51.203+0.5 * 232.651-1250.656
-0-291.108)/81.821
=-9.39

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

Chernan Metal Industrial's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=240.116/32.7*365 / 4
=670.05

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

Chernan Metal Industrial's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=32.7 / 240.116
=0.14

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.

Chernan Metal Industrial's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=240.116 / 49.077
=4.89

* 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.


Chernan Metal Industrial Total Inventories Related Terms

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Chernan Metal Industrial Business Description

Traded in Other Exchanges
N/A
Address
No. 161, Sec. 1, Wanshou Road, 18th Floor-1, Guishan Township, Taoyuan, TWN
Chernan Metal Industrial Corp is engaged in Manufacture of Metal Structure and Architectural Components, Screw, Nut and Rivet Manufacturing, Spring Manufacturing, Lock Manufacturing, Metal Wire Products Manufacturing, Other Metal Products Manufacturing, Surface Treatments, Wholesale of Hardware, Wholesale of Electronic Materials, Retail Sale of Hardware, and Retail Sale of Electronic Materials.

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