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Microprogram Information Co (ROCO:7721) Total Inventories : NT$145.0 Mil (As of Dec. 2024)


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What is Microprogram Information Co Total Inventories?

Microprogram Information Co's total inventories for the quarter that ended in Dec. 2024 was NT$145.0 Mil. Microprogram Information Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was NT$144.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Microprogram Information Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$12.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Microprogram Information Co's Days Inventory for the six months ended in Dec. 2024 was 189.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Microprogram Information Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.96.

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. Microprogram Information Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.42.


Microprogram Information Co Total Inventories Historical Data

The historical data trend for Microprogram Information 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.

Microprogram Information Co Total Inventories Chart

Microprogram Information Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
123.05 150.40 148.98 151.27 144.98

Microprogram Information Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Inventories Get a 7-Day Free Trial 148.98 173.51 151.27 143.60 144.98

Microprogram Information 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.


Microprogram Information Co  (ROCO:7721) 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.

Microprogram Information Co'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)
=(628.633+0.75 * 297.016+0.5 * 144.982-279.248
-0-0)/50.058
=12.88

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

Microprogram Information Co's Days Inventory for the six 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
=144.2905/139.129*365 / 2
=189.27

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

Microprogram Information Co'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 )
=139.129 / 144.2905
=0.96

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.

Microprogram Information Co'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 )
=144.2905 / 344.824
=0.42

* 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.


Microprogram Information Co Total Inventories Related Terms

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Microprogram Information Co Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, No. 402, Zhengshi Road, Xitun District, Taichung, TWN, 407
Microprogram Information Co is a company that provides industrial IoT technology services and is committed to allowing their clients to have a better and sustainable life. They focus on the three major areas of electronic payment, wireless sensing and cloud data. Through user research, vertical integration of software and hardware technologies, terminal sensor devices, mobile apps, cloud service platforms and core technologies of big data analysis, we assist transportation and finance, retail, manufacturing, bicycle and other industries to innovate and upgrade. They assist you from definition of requirements, concept creation, product development, to service optimization, using the advantages of software and hardware integration technology.

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