Victory For Technology Co (ROCO:6979) Total Inventories : NT$6.5 Mil (As of Jun. 2024)

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What is Victory For Technology Co Total Inventories?

Victory For Technology Co's total inventories for the quarter that ended in Jun. 2024 was NT$6.5 Mil. Victory For Technology Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was NT$12.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Victory For Technology Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$-1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Victory For Technology Co's Days Inventory for the six months ended in Jun. 2024 was 10.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Victory For Technology Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 17.44.

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. Victory For Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.05.

Victory For Technology Co Total Inventories Historical Data

The historical data trend for Victory For 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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Victory For Technology Co Total Inventories Chart

Victory For Technology Co Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

13.00

16.14

19.38

Victory For Technology Co Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Total Inventories	13.00	16.14	-	19.38	6.47

Victory For 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.

Victory For Technology Co (ROCO:6979) 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.

Victory For 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)
=	(57.3	+	0.75 * 137.269	+	0.5 * 6.472	-	175.832
-	0	-	0)	/	12.000
=	-1.03

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

Victory For 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
	=	12.925	/	225.436	*	365 / 2
	=	10.46

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

Victory For 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 )
	=	225.436	/	12.925
	=	17.44

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.

Victory For 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 )
	=	12.925	/	284.063
	=	0.05

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.

Victory For Technology Co Total Inventories Related Terms

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Victory For Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Victory For Technology Co Ltd (ROCO:6979) » Definitions » Total Inventories

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Traded in Other Exchanges

N/A

Address

1F, No.111.Dingxin 10th Street, Fengshan District, Kaohsiung, TWN, 830

Website

https://www.vft.com.tw

Victory For Technology Co Ltd is a service-oriented company that adopts a win-win or even a multi-win approach to jointly create markets with customers and strengthen core advantages and values, promoting Taiwan's industry to break through its own transformation and transformation. It offers products such as CPI-mct059PG1, PET/PF polyester film, PE/PF polyethylene film, diffuser, PI, Metal aluminum substrate foil, corroded foil, and Chemical foil.

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