Gudeng Equipment Co (ROCO:6953) Total Inventories : NT$510 Mil (As of Mar. 2024)

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What is Gudeng Equipment Co Total Inventories?

Gudeng Equipment Co's total inventories for the quarter that ended in Mar. 2024 was NT$510 Mil. Gudeng Equipment Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$538 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gudeng Equipment Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$7.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gudeng Equipment Co's Days Inventory for the three months ended in Mar. 2024 was 248.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gudeng Equipment Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.37.

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. Gudeng Equipment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.62.

Gudeng Equipment Co Total Inventories Historical Data

The historical data trend for Gudeng Equipment 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.

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Gudeng Equipment Co Total Inventories Chart

Gudeng Equipment Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

260.10

449.31

606.56

565.68

Gudeng Equipment Co Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial					-	569.40	543.67	565.68	510.07

Gudeng Equipment 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.

Gudeng Equipment Co (ROCO:6953) 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.

Gudeng Equipment Co'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)
=	(1057.133	+	0.75 * 112.544	+	0.5 * 510.07	-	1192.152
-	0	-	0)	/	27.298
=	7.49

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

Gudeng Equipment Co'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
	=	537.8755	/	197.637	*	365 / 4
	=	248.34

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

Gudeng Equipment Co'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 )
	=	197.637	/	537.8755
	=	0.37

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.

Gudeng Equipment Co'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 )
	=	537.8755	/	331.369
	=	1.62

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.

Gudeng Equipment Co Total Inventories Related Terms

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Gudeng Equipment Co (ROCO:6953) Business Description

Industry

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Address

No. 117, Section 1, Jiafeng 11th Road, Hsinchu County, Zhubei City, TWN, 302052

Website

https://www.gdauto.com.tw

Gudeng Equipment Co Ltd offers EUV photomasks and high-end photomask transfer automation technology solutions in semiconductor manufacturing processes. The product offerings comprise photomask cleaning, exchange, and inspection, as well as micro-environment storage and smart warehouse management.

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