Spec Products (ROCO:7718) Total Inventories : NT$186 Mil (As of Dec. 2024)

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What is Spec Products Total Inventories?

Spec Products's total inventories for the quarter that ended in Dec. 2024 was NT$186 Mil. Spec Products's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was NT$179 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Spec Products's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$6.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spec Products's Days Inventory for the three months ended in Dec. 2024 was 35.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spec Products's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.60.

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. Spec Products's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.31.

Spec Products Total Inventories Historical Data

The historical data trend for Spec Products'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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Spec Products Total Inventories Chart

Spec Products Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

140.80

247.88

200.75

153.39

185.82

Spec Products Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial					-	153.39	174.48	171.64	185.82

Spec Products 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.

Spec Products (ROCO:7718) 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.

Spec Products's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(573.071	+	0.75 * 386.234	+	0.5 * 185.821	-	632.076
-	0	-	0)	/	46.356
=	6.98

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

Spec Products's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	178.7295	/	463.868	*	365 / 4
	=	35.16

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

Spec Products's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	463.868	/	178.7295
	=	2.60

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.

Spec Products's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	178.7295	/	574.82
	=	0.31

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.

Spec Products Total Inventories Related Terms

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Spec Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spec Products Corp (ROCO:7718) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

9F.-4, No. 358, Sec 1, Dongmen Road, East District, Tainan, TWN, 701002

Website

https://www.spec.com.tw

Spec Products Corp is a company which is Integrated Industrial Parts manufacturer and supplier where in they have exported more than ten thousand items made to customers' prints or samples per year to USA, Europe, Japan and China, including cold/ hot forging, turning, plastic ejection and stamping, etc from either on its own or sub-contracted factories.

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