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Hong Ho Precision Textile Co (TPE:1446) Total Inventories : NT$2,250 Mil (As of Sep. 2024)


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What is Hong Ho Precision Textile Co Total Inventories?

Hong Ho Precision Textile Co's total inventories for the quarter that ended in Sep. 2024 was NT$2,250 Mil. Hong Ho Precision Textile Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was NT$2,622 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hong Ho Precision Textile Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was NT$6.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hong Ho Precision Textile Co's Days Inventory for the three months ended in Sep. 2024 was 305.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hong Ho Precision Textile Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.30.

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. Hong Ho Precision Textile Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.65.


Hong Ho Precision Textile Co Total Inventories Historical Data

The historical data trend for Hong Ho Precision Textile 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.

Hong Ho Precision Textile Co Total Inventories Chart

Hong Ho Precision Textile 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 3,241.82 3,126.97 3,329.49 3,698.52 3,659.50

Hong Ho Precision Textile 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 3,886.67 3,659.50 3,328.95 2,993.94 2,249.73

Hong Ho Precision Textile 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.


Hong Ho Precision Textile Co  (TPE:1446) 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.

Hong Ho Precision Textile 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)
=(778.044+0.75 * 5.196+0.5 * 2249.729-987.849
-0-0)/137.710
=6.67

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

Hong Ho Precision Textile 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
=2621.8335/783.71*365 / 4
=305.27

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

Hong Ho Precision Textile 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 )
=783.71 / 2621.8335
=0.30

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.

Hong Ho Precision Textile 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 )
=2621.8335 / 1593.265
=1.65

* 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.


Hong Ho Precision Textile Co Total Inventories Related Terms

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Hong Ho Precision Textile Co Business Description

Traded in Other Exchanges
N/A
Address
NO.473,Zhongshan S.Road, Yong-kang District, Tainan City, TWN
Hong Ho Precision Textile Co Ltd is a Taiwan-based which is engaged in the manufacturing and selling of various textiles, commissioned construction companies to build public housing and the rental and sale of commercial buildings. It has segments such as: Textile department is engaged in textile preparation, weaving, outsourcing dyeing process production and outsourcing of finished products; Trade department that derives maximum revenue, is engaged in manufacturing and sales of wearing apparel, etc; Construction department is commissioned construction enterprise to build commercial building; and Other department is engaged in leasing business etc. The company geographically operates in Taiwan, Japan and Others.

Hong Ho Precision Textile Co Headlines

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