President Securities (TPE:2855) Total Inventories : NT$0 Mil (As of Dec. 2024)

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What is President Securities Total Inventories?

President Securities's total inventories for the quarter that ended in Dec. 2024 was NT$0 Mil. President Securities's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was NT$0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. President Securities's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$-42.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. President Securities's Days Inventory for the three months ended in Dec. 2024 was 0.00.

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

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. President Securities's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

President Securities Total Inventories Historical Data

The historical data trend for President Securities'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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President Securities Total Inventories Chart

President Securities Annual Data

Trend

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Total Inventories

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President Securities Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

President Securities 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.

President Securities (TPE:2855) 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.

President Securities'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)
=	(73621.111	+	0.75 * 29483.666	+	0.5 * 0	-	158079.595
-	0	-	104.697)	/	1455.831
=	-42.90

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

President Securities'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
	=	0	/	237.384	*	365 / 4
	=	0.00

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

President Securities'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 )
	=	237.384	/	0
	=	N/A

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.

President Securities'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 )
	=	0	/	2395.629
	=	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.

President Securities Total Inventories Related Terms

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President Securities Business Description

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Address

1st Floor., No.8, Dongxing Road, Sungshan District, Taipei, TWN, 105

Website

https://www.pscnet.com.tw

President Securities Corp is a Taiwan-based securities company with several segments. The brokerage segment is engaged in the trading of listed securities and other instruments as approved by the regulations, along with margin trading, short sale, and assistance in futures trading. The proprietary trading segment is involved in using self-owned equity to execute securities trading and conduct futures and options hedging. The reinvestment segment is involved in companies reinvested by the consolidated entities. The other operating segment consists of a capital market business, a derivatives proprietary business, a financial product business, and others. It also has a Quantitative Trading segment and a Financial product segment.

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