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Honor Seiki Co (ROCO:7709) Total Inventories : NT$856 Mil (As of Jun. 2024)


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What is Honor Seiki Co Total Inventories?

Honor Seiki Co's total inventories for the quarter that ended in Jun. 2024 was NT$856 Mil. Honor Seiki Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was NT$904 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Honor Seiki Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Honor Seiki Co's Days Inventory for the six months ended in Jun. 2024 was 359.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Honor Seiki Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.51.

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. Honor Seiki Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.49.

Honor Seiki Co Total Inventories Historical Data

The historical data trend for Honor Seiki 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.

Honor Seiki Co Total Inventories Chart

Honor Seiki Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
743.98 790.27 964.89 951.19

Honor Seiki Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Inventories Get a 7-Day Free Trial - 964.89 1,008.69 951.19 856.20

Honor Seiki 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.

Honor Seiki Co  (ROCO:7709) 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.

Honor Seiki 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)
=(453.763+0.75 * 177.799+0.5 * 856.2-1007.39
-0-0)/34.5017
=0.23

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

Honor Seiki 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
=903.695/459.066*365 / 2
=359.26

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

Honor Seiki 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 )
=459.066 / 903.695
=0.51

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.

Honor Seiki 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 )
=903.695 / 608.315
=1.49

* 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.

Honor Seiki Co Total Inventories Related Terms

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Honor Seiki Co Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Honor Seiki Co Ltd (ROCO:7709) » Definitions » Total Inventories
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Address
Chung-shan Road , No. 6, Section 2, Hu-nei District, Kaohsiung, TWN
Website
https://www.honorseiki.com
Honor Seiki Co Ltd is a machine tool providing company working in the fields of CNC Vertical Lathe and Turnkey solutions in Taiwan. They mainly focus on the production of Vertical lathes and their main product offerings are CNC Vertical Lathe, CNC Vertical Turning Center and CNC Vertical Grinding Machine, CNC Planar Turning/Milling/Grinding Center, CNC Special Purpose Machines.

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