GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shindengen Electric Manufacturing Co Ltd (TSE:6844) » Definitions » Total Inventories

Shindengen Electric Manufacturing Co (TSE:6844) Total Inventories : 円38,361 Mil (As of Dec. 2023)


View and export this data going back to 1961. Start your Free Trial

What is Shindengen Electric Manufacturing Co Total Inventories?

Shindengen Electric Manufacturing Co's total inventories for the quarter that ended in Dec. 2023 was 円38,361 Mil. Shindengen Electric Manufacturing Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was 円38,395 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shindengen Electric Manufacturing Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-1,537.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shindengen Electric Manufacturing Co's Days Inventory for the three months ended in Dec. 2023 was 156.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shindengen Electric Manufacturing Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.58.

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. Shindengen Electric Manufacturing Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.45.


Shindengen Electric Manufacturing Co Total Inventories Historical Data

The historical data trend for Shindengen Electric Manufacturing 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.

Shindengen Electric Manufacturing Co Total Inventories Chart

Shindengen Electric Manufacturing Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,381.00 23,069.00 28,289.00 34,868.00 38,483.00

Shindengen Electric Manufacturing Co 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 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 34,868.00 37,328.00 38,429.00 38,361.00 38,483.00

Shindengen Electric Manufacturing 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.


Shindengen Electric Manufacturing Co  (TSE:6844) 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.

Shindengen Electric Manufacturing Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(29537+0.75 * 17749+0.5 * 38361-77886
-0-0)/10.3129
=-1,537.56

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

Shindengen Electric Manufacturing Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=38395/22332*365 / 4
=156.88

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

Shindengen Electric Manufacturing Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=22332 / 38395
=0.58

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.

Shindengen Electric Manufacturing Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=38395 / 26436
=1.45

* 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.


Shindengen Electric Manufacturing Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Shindengen Electric Manufacturing Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Shindengen Electric Manufacturing Co (TSE:6844) Business Description

Traded in Other Exchanges
N/A
Address
New-Ohtemachi Building, 2-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Shindengen Electric Manufacturing Co Ltd is an electronics manufacturer that develops, manufactures and sells high-efficiency, low-noise semiconductors as well as car electronics and power system products. The company's business is organized into three reportable segments: Device business, Car Electronics business and Next Generation Energy business. It earns majority of the revenue from Car Electronics business. Shindengen has its operations in Japan, Indonesia, Asia, and other areas.

Shindengen Electric Manufacturing Co (TSE:6844) Headlines

No Headlines