Chin Hsin Environ Engineering Co (TPE:6951) Total Inventories : NT$18.0 Mil (As of Dec. 2024)

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What is Chin Hsin Environ Engineering Co Total Inventories?

Chin Hsin Environ Engineering Co's total inventories for the quarter that ended in Dec. 2024 was NT$18.0 Mil. Chin Hsin Environ Engineering Co's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was NT$17.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chin Hsin Environ Engineering Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was NT$4.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chin Hsin Environ Engineering Co's Days Inventory for the three months ended in Dec. 2024 was 20.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chin Hsin Environ Engineering Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.40.

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. Chin Hsin Environ Engineering Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.09.

Chin Hsin Environ Engineering Co Total Inventories Historical Data

The historical data trend for Chin Hsin Environ Engineering 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.

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Chin Hsin Environ Engineering Co Total Inventories Chart

Chin Hsin Environ Engineering Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

12.65

18.77

18.04

Chin Hsin Environ Engineering Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial							18.77	17.71	19.13	17.80	18.04

Chin Hsin Environ Engineering 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.

Chin Hsin Environ Engineering Co (TPE:6951) 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.

Chin Hsin Environ Engineering Co'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)
=	(616.899	+	0.75 * 68.224	+	0.5 * 18.043	-	466.596
-	0	-	0)	/	46.000
=	4.58

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

Chin Hsin Environ Engineering Co'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
	=	17.9215	/	78.834	*	365 / 4
	=	20.74

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

Chin Hsin Environ Engineering Co'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 )
	=	78.834	/	17.9215
	=	4.40

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.

Chin Hsin Environ Engineering Co'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 )
	=	17.9215	/	201.705
	=	0.09

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.

Chin Hsin Environ Engineering Co Total Inventories Related Terms

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Chin Hsin Environ Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Chin Hsin Environ Engineering Co Ltd (TPE:6951) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

No. 58-1, Yanping Road, Jutong Township, Yunlin County, Douliu, TWN, 647008

Website

https://www.chin-hsin.com.tw

Chin Hsin Environ Engineering Co Ltd offers the removal of general, hazardous industrial waste and biomedical waste produced by business institutions and medical institutions in Taiwan. It offers hazardous industrial waste and biomedical waste treatment for business institutions and medical institutions.

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