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ShareHope Medicine Co (ROCO:8403) Total Inventories : NT$299 Mil (As of Sep. 2024)


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What is ShareHope Medicine Co Total Inventories?

ShareHope Medicine Co's total inventories for the quarter that ended in Sep. 2024 was NT$299 Mil. ShareHope Medicine Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was NT$300 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ShareHope Medicine Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was NT$-8.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ShareHope Medicine Co's Days Inventory for the three months ended in Sep. 2024 was 28.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. ShareHope Medicine Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.25.

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. ShareHope Medicine Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.26.


ShareHope Medicine Co Total Inventories Historical Data

The historical data trend for ShareHope Medicine 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.

ShareHope Medicine Co Total Inventories Chart

ShareHope Medicine Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 242.04 332.16 290.64 272.54 296.47

ShareHope Medicine Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 310.14 296.47 286.24 300.65 299.40

ShareHope Medicine 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.


ShareHope Medicine Co  (ROCO:8403) 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.

ShareHope Medicine Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1458.832+0.75 * 1212.801+0.5 * 299.404-3147.781
-0-459.454)/131.086
=-8.31

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

ShareHope Medicine Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=300.025/975.242*365 / 4
=28.07

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

ShareHope Medicine Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=975.242 / 300.025
=3.25

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.

ShareHope Medicine Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=300.025 / 1149.776
=0.26

* 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.


ShareHope Medicine Co Total Inventories Related Terms

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ShareHope Medicine Co Business Description

Traded in Other Exchanges
N/A
Address
No.168 Chingkuo Road, 19th Floor, Taoyuan, TWN
ShareHope Medicine Co Ltd is engaged in providing wholesale and retail sales of medicines and hygiene materials, leasing assets for medical institutions to undertake related medical services and physical examinations for Taiwanese people and foreign laborers, on-site medical support services, hemodialysis business management, and ophthalmic medical management in collaboration with medical institutions. The company also provides a pharmaceutical procurement platform for medicines, health materials, and home care products. The company's revenue mainly stems from medicine and medical material sales, alongside service income from physical examinations for Taiwanese citizens and foreign laborers, on-site medical support, hemodialysis management, and ophthalmic collaborations.

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