Chung Tai Resource Technology (ROCO:6923) Total Inventories : NT$34 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Chung Tai Resource Technology Total Inventories?

Chung Tai Resource Technology's total inventories for the quarter that ended in Dec. 2023 was NT$34 Mil. Chung Tai Resource Technology's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was NT$29 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chung Tai Resource Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-19.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chung Tai Resource Technology's Days Inventory for the six months ended in Dec. 2023 was 10.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chung Tai Resource Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 18.20.

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. Chung Tai Resource Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Chung Tai Resource Technology Total Inventories Historical Data

The historical data trend for Chung Tai Resource Technology'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.

Chung Tai Resource Technology Total Inventories Chart

Chung Tai Resource Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

11.67

19.05

40.75

12.96

33.78

Chung Tai Resource Technology Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial			40.75	20.88	12.96	23.90	33.78

Chung Tai Resource Technology 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.

Chung Tai Resource Technology (ROCO:6923) 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.

Chung Tai Resource Technology'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)
=	(342.261	+	0.75 * 155.48	+	0.5 * 33.777	-	2094.972
-	0	-	0)	/	82.624
=	-19.60

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

Chung Tai Resource Technology'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
	=	28.839	/	524.876	*	365 / 2
	=	10.03

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

Chung Tai Resource Technology'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 )
	=	524.876	/	28.839
	=	18.20

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.

Chung Tai Resource Technology'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 )
	=	28.839	/	706.076
	=	0.04

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.

Chung Tai Resource Technology Total Inventories Related Terms

Thank you for viewing the detailed overview of Chung Tai Resource Technology's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Chung Tai Resource Technology (ROCO:6923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Chung Tai Resource Technology Corp (ROCO:6923) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 328, Huanke Road, Guanyin District, Taoyuan City, TWN, 328451

Website

https://www.chinalab.com.tw

Chung Tai Resource Technology Corp provides waste removal and treatment, Pyrolysis treatment system, Recycling of Waste Printed Circuit Boards, Incineration Thermal Power Generation and Comprehensive Treatment R&D Center, waste lighting sources recycling, and other services.

Chung Tai Resource Technology (ROCO:6923) Headlines

No Headlines