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JG Environmental Technology Co (ROCO:6723) Total Inventories : NT$81.9 Mil (As of Dec. 2023)


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What is JG Environmental Technology Co Total Inventories?

JG Environmental Technology Co's total inventories for the quarter that ended in Dec. 2023 was NT$81.9 Mil. JG Environmental Technology Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was NT$75.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. JG Environmental Technology Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-5.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JG Environmental Technology Co's Days Inventory for the six months ended in Dec. 2023 was 38.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. JG Environmental Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.75.

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. JG Environmental Technology Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.


JG Environmental Technology Co Total Inventories Historical Data

The historical data trend for JG Environmental Technology 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.

JG Environmental Technology Co Total Inventories Chart

JG Environmental Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 71.38 50.85 57.52 118.93 81.89

JG Environmental Technology Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 57.52 74.50 118.93 69.60 81.89

JG Environmental Technology 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.


JG Environmental Technology Co  (ROCO:6723) 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.

JG Environmental Technology Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(99.552+0.75 * 203.796+0.5 * 81.885-426.536
-0-0)/22.55
=-5.91

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

JG Environmental Technology Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=75.74/359.428*365 / 2
=38.46

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

JG Environmental Technology Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=359.428 / 75.74
=4.75

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.

JG Environmental Technology Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=75.74 / 428.577
=0.18

* 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.


JG Environmental Technology Co Total Inventories Related Terms

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JG Environmental Technology Co (ROCO:6723) Business Description

Traded in Other Exchanges
N/A
Address
Lane 461, Zhongfeng Road, 10th Floor, No. 180, Longtan District, Taoyuan City, TWN
JG Environmental Technology Co is engaged in designing, manufacturing and installation of air pollution and energy recovery equipment and systems. The company's products include ESCO environmental protection system and equipment, Gaseous pollutant purification and deodorization equipment, Acid gas and particle removal equipment, and VOCs exhaust gas treatment system among others.

JG Environmental Technology Co (ROCO:6723) Headlines

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