United Purification Technology Co (ROCO:6977) Total Inventories : NT$33.0 Mil (As of Jun. 2024)

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What is United Purification Technology Co Total Inventories?

United Purification Technology Co's total inventories for the quarter that ended in Jun. 2024 was NT$33.0 Mil. United Purification Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was NT$33.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. United Purification Technology Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$3.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Purification Technology Co's Days Inventory for the six months ended in Jun. 2024 was 33.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Purification Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 5.51.

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. United Purification Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.16.

United Purification Technology Co Total Inventories Historical Data

The historical data trend for United Purification 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.

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United Purification Technology Co Total Inventories Chart

United Purification Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

25.73

28.73

34.57

United Purification Technology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial			-	28.73	33.44	34.57	32.95

United Purification 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.

United Purification Technology Co (ROCO:6977) 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.

United Purification Technology 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)
=	(378.901	+	0.75 * 130.649	+	0.5 * 32.951	-	439.061
-	0	-	0)	/	13.604
=	3.99

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

United Purification Technology 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
	=	33.758	/	185.945	*	365 / 2
	=	33.13

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

United Purification Technology 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 )
	=	185.945	/	33.758
	=	5.51

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.

United Purification Technology 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 )
	=	33.758	/	206.462
	=	0.16

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.

United Purification Technology Co Total Inventories Related Terms

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United Purification Technology Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

No. 9, Road 12, 407 Industrial Zone, Taichung, TWN

Website

https://www.upt.com.tw

United Purification Technology Co Ltd is a company engaged in developing, manufacturing and distributing of water purification systems. The company provides list of services which includes design and planning of ultrapure water systems, manufacturing, installation, expansion and maintenance of pure water equipment. It also actively provide customers with the best solutions for wastewater emission reduction and recycled water reuse.

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