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Promise Technology (TPE:3057) Total Inventories : NT$326.5 Mil (As of Dec. 2024)


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What is Promise Technology Total Inventories?

Promise Technology's total inventories for the quarter that ended in Dec. 2024 was NT$326.5 Mil. Promise Technology's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was NT$331.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Promise Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$1.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Promise Technology's Days Inventory for the three months ended in Dec. 2024 was 301.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Promise Technology's Inventory Turnover for the quarter that ended in Dec. 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. Promise Technology's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.15.


Promise Technology Total Inventories Historical Data

The historical data trend for Promise Technology'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.

Promise Technology Total Inventories Chart

Promise Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 411.88 423.93 428.42 411.68 326.48

Promise Technology 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 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 411.68 401.59 369.23 336.34 326.48

Promise Technology 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.


Promise Technology  (TPE:3057) 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.

Promise Technology'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)
=(363.554+0.75 * 65.676+0.5 * 326.475-439.312
-0-0.392)/92.679
=1.47

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

Promise Technology'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
=331.4055/100.362*365 / 4
=301.32

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

Promise Technology'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 )
=100.362 / 331.4055
=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.

Promise Technology'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 )
=331.4055 / 153.823
=2.15

* 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.


Promise Technology Total Inventories Related Terms

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Promise Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 30, Industrial East 9th Road, 2nd Floor, Hsinchu Science Park, Hsinchu County, Hsinchu, TWN, 300096
Promise Technology Inc is a developer of open storage platforms, designed for the data centre, surveillance, cloud, and rich media markets. Its product portfolio comprises VTrak, Vess, Pegasus, and SANlink. In addition, the company offers solutions, including consumer/IoT, rich media, cloud, surveillance, and IT solutions, as well as professional services comprising warranties, onsite hardware replacement, training, and installation services. It offers computer storage equipment high -performance control cards and systems, computer high-performance network and graphics systems, multimedia software, and hardware kits and systems, and Products related to computer and telephone integration technology.

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