GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ta Chen Stainless Pipe Co Ltd (TPE:2027) » Definitions » Total Inventories

Ta Chen Stainless Pipe Co (TPE:2027) Total Inventories : NT$55,601 Mil (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Ta Chen Stainless Pipe Co Total Inventories?

Ta Chen Stainless Pipe Co's total inventories for the quarter that ended in Mar. 2024 was NT$55,601 Mil. Ta Chen Stainless Pipe Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$56,109 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ta Chen Stainless Pipe Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-10.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ta Chen Stainless Pipe Co's Days Inventory for the three months ended in Mar. 2024 was 266.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ta Chen Stainless Pipe Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.34.

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. Ta Chen Stainless Pipe Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.42.


Ta Chen Stainless Pipe Co Total Inventories Historical Data

The historical data trend for Ta Chen Stainless Pipe 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.

Ta Chen Stainless Pipe Co Total Inventories Chart

Ta Chen Stainless Pipe 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 53,935.24 49,310.90 49,951.12 72,103.06 56,615.86

Ta Chen Stainless Pipe 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 67,211.92 65,640.84 62,805.84 56,615.86 55,601.40

Ta Chen Stainless Pipe 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.


Ta Chen Stainless Pipe Co  (TPE:2027) 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.

Ta Chen Stainless Pipe 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)
=(14921.873+0.75 * 9159.214+0.5 * 55601.396-59237.555
-0-12062.392)/2143.91
=-10.13

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

Ta Chen Stainless Pipe 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
=56108.627/19241.474*365 / 4
=266.09

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

Ta Chen Stainless Pipe 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 )
=19241.474 / 56108.627
=0.34

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.

Ta Chen Stainless Pipe 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 )
=56108.627 / 23224.8
=2.42

* 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.


Ta Chen Stainless Pipe Co Total Inventories Related Terms

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


Ta Chen Stainless Pipe Co (TPE:2027) Business Description

Traded in Other Exchanges
N/A
Address
No.125 Hsin-Tien 2nd Street, Hsin-Tien, Jeng-Teh, Tainan, TWN
Ta Chen Stainless Pipe Co Ltd is a Taiwan-based company that is primarily engaged in manufacturing and distributing of stainless steel, fasteners, steel strips, aluminum and nickel alloy coils, sheets, plates, long products, tubes, and PVFs. The company generates most of its sales from stainless steel products and fasteners. The company particularly specializes in manufacturing stainless tube and its accessories, which are used in petrochemical and food industries. Geographically, the company generates almost all of its revenue from the American market, where the company distributes its products through its warehouses in Los Angeles, Chicago, Houston, Atlanta, Florida, Philadelphia, Seattle, and Cleveland.

Ta Chen Stainless Pipe Co (TPE:2027) Headlines

No Headlines