New Asia Construction & Development (TPE:2516) Total Inventories : NT$10 Mil (As of Mar. 2024)

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What is New Asia Construction & Development Total Inventories?

New Asia Construction & Development's total inventories for the quarter that ended in Mar. 2024 was NT$10 Mil. New Asia Construction & Development's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. New Asia Construction & Development's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-10.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Asia Construction & Development's Days Inventory for the three months ended in Mar. 2024 was 0.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. New Asia Construction & Development's Inventory Turnover for the quarter that ended in Mar. 2024 was 375.45.

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. New Asia Construction & Development's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

New Asia Construction & Development Total Inventories Historical Data

The historical data trend for New Asia Construction & Development'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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New Asia Construction & Development Total Inventories Chart

New Asia Construction & Development Annual Data

Trend

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Dec23

Total Inventories

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0.36

New Asia Construction & Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	10.12

New Asia Construction & Development 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.

New Asia Construction & Development (TPE:2516) 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.

New Asia Construction & Development's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1903.301	+	0.75 * 455.733	+	0.5 * 10.124	-	4733.07
-	0	-	0)	/	226.279
=	-10.97

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

New Asia Construction & Development's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	5.062	/	1900.544	*	365 / 4
	=	0.24

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

New Asia Construction & Development's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	1900.544	/	5.062
	=	375.45

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.

New Asia Construction & Development's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	5.062	/	1976.338
	=	0.00

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.

New Asia Construction & Development Total Inventories Related Terms

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New Asia Construction & Development (TPE:2516) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » New Asia Construction & Development Corp (TPE:2516) » Definitions » Total Inventories

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Address

N0. 760, Section 4, Bade Road,, 15,16th floor,, Songshan District, Taipei, TWN

Website

http://www.newasia.com.tw

New Asia Construction & Development Corp operates in the engineering and construction industry. The company is engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing, or selling of heavy equipment and public housing, and office buildings and repairs. The company is also engaged in manufacturing and selling ready mixed concrete and asphalt concrete and investment.

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