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QMC Co (XKRX:136660) Total Inventories : ₩1,357 Mil (As of Dec. 2023)


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What is QMC Co Total Inventories?

QMC Co's total inventories for the quarter that ended in Dec. 2023 was ₩1,357 Mil. QMC Co's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was ₩2,785 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. QMC Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₩-13,631.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. QMC Co's Days Inventory for the six months ended in Dec. 2023 was 46.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. QMC Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.90.

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. QMC Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.27.


QMC Co Total Inventories Historical Data

The historical data trend for QMC 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.

QMC Co Total Inventories Chart

QMC Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,004.21 968.36 1,675.67 4,213.72 1,356.88

QMC Co Semi-Annual Data
Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,004.21 968.36 1,675.67 4,213.72 1,356.88

QMC 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.


QMC Co  (XKRX:136660) 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.

QMC 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)
=(5404.046+0.75 * 223.359+0.5 * 1356.884-37888.385
-0-0)/2.32095
=-13,631.65

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

QMC Co's Days Inventory for the six 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
=2785.3025/10865.501*365 / 2
=46.78

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

QMC 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 )
=10865.501 / 2785.3025
=3.90

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.

QMC 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 )
=2785.3025 / 10171.148
=0.27

* 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.


QMC Co Total Inventories Related Terms

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QMC Co Business Description

Traded in Other Exchanges
N/A
Address
55 Heungan-daero, 439 beon-gil, Dongan-gu, Gyeonggi-do, Anyang-si, KOR
QMC Co Ltd manufactures LED, semiconductor and FPD equipments. The company's products are LED, laser system, semiconductors, FPD, and other equipments.

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