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Fine Blanking & Tool Co (ROCO:4535) Total Inventories : NT$335 Mil (As of Mar. 2024)


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What is Fine Blanking & Tool Co Total Inventories?

Fine Blanking & Tool Co's total inventories for the quarter that ended in Mar. 2024 was NT$335 Mil. Fine Blanking & Tool Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$363 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fine Blanking & Tool Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$13.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fine Blanking & Tool Co's Days Inventory for the three months ended in Mar. 2024 was 59.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fine Blanking & Tool Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.54.

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. Fine Blanking & Tool Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.


Fine Blanking & Tool Co Total Inventories Historical Data

The historical data trend for Fine Blanking & Tool 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.

Fine Blanking & Tool Co Total Inventories Chart

Fine Blanking & Tool 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 344.25 312.25 455.85 469.94 390.04

Fine Blanking & Tool 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 441.92 401.22 407.63 390.04 335.13

Fine Blanking & Tool 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.


Fine Blanking & Tool Co  (ROCO:4535) 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.

Fine Blanking & Tool Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1293.381+0.75 * 431.592+0.5 * 335.126-416.782
-0-355.125)/75.6617
=13.38

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

Fine Blanking & Tool Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=362.5815/557.221*365 / 4
=59.38

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

Fine Blanking & Tool Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=557.221 / 362.5815
=1.54

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.

Fine Blanking & Tool Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=362.5815 / 688.991
=0.53

* 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.


Fine Blanking & Tool Co Total Inventories Related Terms

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Fine Blanking & Tool Co (ROCO:4535) Business Description

Traded in Other Exchanges
N/A
Address
No 3, Gong Eighth Road, Quanxing Industrial Zone, Xidi Village, Shengang Township, Changhua County, TWN
Fine Blanking & Tool Co Ltd is a Taiwan-based manufacturer of automobile parts and components. Its product portfolio includes auto parts, Locomotive stamping parts, bicycle parts, Fine blanking parts, and off-road. The group operates in two segments that include Domestic Operations and Overseas Operations. The majority of revenue is generated from the Overseas Operations segment which engaged in manufacturing, processing, and production of various products and precision stamping parts for automobiles, motorcycles, and special vehicles.

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