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Texture Maker Enterprise Co (ROCO:6963) Total Inventories : NT$142.3 Mil (As of Dec. 2023)


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What is Texture Maker Enterprise Co Total Inventories?

Texture Maker Enterprise Co's total inventories for the quarter that ended in Dec. 2023 was NT$142.3 Mil. Texture Maker Enterprise Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was NT$157.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Texture Maker Enterprise Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-14.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Texture Maker Enterprise Co's Days Inventory for the six months ended in Dec. 2023 was 86.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Texture Maker Enterprise Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.11.

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. Texture Maker Enterprise Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

Texture Maker Enterprise Co Total Inventories Historical Data

The historical data trend for Texture Maker Enterprise 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.

Texture Maker Enterprise Co Total Inventories Chart

Texture Maker Enterprise Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
99.70 130.29 163.99 142.28

Texture Maker Enterprise Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories 130.29 - 163.99 173.11 142.28

Texture Maker Enterprise 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.

Texture Maker Enterprise Co  (ROCO:6963) 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.

Texture Maker Enterprise 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)
=(119.1+0.75 * 136.274+0.5 * 142.277-472.767
-0-0)/12.1091
=-14.89

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

Texture Maker Enterprise 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
=157.6945/333.391*365 / 2
=86.32

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

Texture Maker Enterprise 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 )
=333.391 / 157.6945
=2.11

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.

Texture Maker Enterprise 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 )
=157.6945 / 417.857
=0.38

* 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.

Texture Maker Enterprise Co Total Inventories Related Terms

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Texture Maker Enterprise Co (ROCO:6963) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Texture Maker Enterprise Co Ltd (ROCO:6963) » Definitions » Total Inventories
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Address
Zhongzheng E. Road, 28F., No.27-8, Sec. 2, Tamsui District, New Taipei City, TWN, 251
Website
https://www.texturemaker.com.tw
Texture Maker Enterprise Co Ltd is a is a food ingredient R&D center and also a premix manufacturer. It is engaged in developing innovative food textures and includes three categories Bakery, Beverage, and food texture. Its bakery products include Mochi bread mix, Mojo Mix, Purple yam bread mix, etc. Beverage products include vegan non-dairy creamer, Non-dairy creamer, Banana beverage powder, etc. Food texture products include Korean-style dipping sauce, Japanese-style fried chicken mix, Fried seafood coating mix etc.

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