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Shin Foong Specialty and Applied Materials Co (TPE:6582) Total Inventories : NT$182 Mil (As of Jun. 2024)


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What is Shin Foong Specialty and Applied Materials Co Total Inventories?

Shin Foong Specialty and Applied Materials Co's total inventories for the quarter that ended in Jun. 2024 was NT$182 Mil. Shin Foong Specialty and Applied Materials Co's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was NT$162 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shin Foong Specialty and Applied Materials Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was NT$1.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shin Foong Specialty and Applied Materials Co's Days Inventory for the three months ended in Jun. 2024 was 37.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shin Foong Specialty and Applied Materials Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.41.

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. Shin Foong Specialty and Applied Materials Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.34.


Shin Foong Specialty and Applied Materials Co Total Inventories Historical Data

The historical data trend for Shin Foong Specialty and Applied Materials 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.

Shin Foong Specialty and Applied Materials Co Total Inventories Chart

Shin Foong Specialty and Applied Materials 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 367.55 310.60 441.15 252.22 172.34

Shin Foong Specialty and Applied Materials Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 180.72 173.41 172.34 141.06 182.17

Shin Foong Specialty and Applied Materials 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.


Shin Foong Specialty and Applied Materials Co  (TPE:6582) 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.

Shin Foong Specialty and Applied Materials Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(174.75+0.75 * 321.705+0.5 * 182.171-396.334
-0-0)/106.174
=1.04

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

Shin Foong Specialty and Applied Materials Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=161.6145/389.19*365 / 4
=37.89

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

Shin Foong Specialty and Applied Materials Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=389.19 / 161.6145
=2.41

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.

Shin Foong Specialty and Applied Materials Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=161.6145 / 468.618
=0.34

* 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.


Shin Foong Specialty and Applied Materials Co Total Inventories Related Terms

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Shin Foong Specialty and Applied Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No.55, Section 3, Zhongshan Road, Ping Tung, Fangliao, TWN, 80247
Shin Foong Specialty and Applied Materials Co is engaged in manufacturing synthetic SBR and NBR rubber latex. Its products are used in paper coating, adhesive for carpet, fabrics, wood, non-woven and innersole saturation, cement mortar, and glove dipping. Its products used in paper coating, carpet backing, non-woven and innersole saturation, veneer adhesion, and cement mortar.

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