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Chung Hung Steel Co (TPE:2014) Total Inventories : NT$9,519 Mil (As of Mar. 2024)


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What is Chung Hung Steel Co Total Inventories?

Chung Hung Steel Co's total inventories for the quarter that ended in Mar. 2024 was NT$9,519 Mil. Chung Hung Steel Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$9,045 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chung Hung Steel Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-6.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chung Hung Steel Co's Days Inventory for the three months ended in Mar. 2024 was 92.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chung Hung Steel Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.99.

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. Chung Hung Steel Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.99.


Chung Hung Steel Co Total Inventories Historical Data

The historical data trend for Chung Hung Steel 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.

Chung Hung Steel Co Total Inventories Chart

Chung Hung Steel 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 6,577.64 4,236.42 12,717.44 9,761.98 8,572.08

Chung Hung Steel 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 9,581.16 10,188.25 9,942.80 8,572.08 9,518.88

Chung Hung Steel 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.


Chung Hung Steel Co  (TPE:2014) 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.

Chung Hung Steel 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)
=(3589.114+0.75 * 556.692+0.5 * 9518.881-17578.219
-0-0)/1435.54
=-6.14

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

Chung Hung Steel 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
=9045.482/8965.165*365 / 4
=92.07

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

Chung Hung Steel 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 )
=8965.165 / 9045.482
=0.99

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.

Chung Hung Steel 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 )
=9045.482 / 9148.184
=0.99

* 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.


Chung Hung Steel Co Total Inventories Related Terms

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Chung Hung Steel Co (TPE:2014) Business Description

Traded in Other Exchanges
N/A
Address
No. 317, Yuliao Road, Yuliao Lane, Qiaotou District, Kaohsiung, TWN, 825
Chung Hung Steel Co Ltd is engaged in manufacturing, processing, and distribution of steel products. The company produces steel products including hot and cold galvanized coils, fine blanking coils, hot rolled temper grade coils, hot rolled pickled and oiled coils, and hot rolled bands. It has two operating segments; The Corporation segment which manufacture, process and sell steel products, and Other corporations segment which includes Hung Kao Investment Corporation engaged in general investment. Geographically, it derives a majority revenue from Taiwan.

Chung Hung Steel Co (TPE:2014) Headlines

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