GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wisdom Marine Lines Co Ltd (TPE:2637) » Definitions » Total Inventories

Wisdom Marine Lines Co (TPE:2637) Total Inventories : NT$85 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Wisdom Marine Lines Co Total Inventories?

Wisdom Marine Lines Co's total inventories for the quarter that ended in Mar. 2024 was NT$85 Mil. Wisdom Marine Lines Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Mar. 2024 was NT$84 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Wisdom Marine Lines Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-50.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wisdom Marine Lines Co's Days Inventory for the three months ended in Mar. 2024 was 2.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wisdom Marine Lines Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 38.49.

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. Wisdom Marine Lines Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.


Wisdom Marine Lines Co Total Inventories Historical Data

The historical data trend for Wisdom Marine Lines 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.

Wisdom Marine Lines Co Total Inventories Chart

Wisdom Marine Lines Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.64 190.00 296.64 98.73 194.12

Wisdom Marine Lines Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 194.12 151.33 150.13 82.58 85.35

Wisdom Marine Lines 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.


Wisdom Marine Lines Co  (TPE:2637) 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.

Wisdom Marine Lines 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)
=(5078.644+0.75 * 168.667+0.5 * 85.348-43240.445
-0-0)/746.409
=-50.90

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

Wisdom Marine Lines 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
=83.962/3231.547*365 / 4
=2.37

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

Wisdom Marine Lines 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 )
=3231.547 / 83.962
=38.49

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.

Wisdom Marine Lines 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 )
=83.962 / 4730.788
=0.02

* 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.


Wisdom Marine Lines Co Total Inventories Related Terms

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


Wisdom Marine Lines Co (TPE:2637) Business Description

Traded in Other Exchanges
N/A
Address
Fushing South Road, 7th Floor, No. 237, Section 2, Room 711, Taipei, TWN, 10667
Wisdom Marine Lines Co Ltd is a transportation and logistics company domiciled in Cayman Island. The company owns, maintains, and operates a fleet of marine transport vessels. Wisdom Marine Lines transports cargo, leases vessels, and provides shipping agency and management services. The company derives its revenue from the following six geographical areas: Japan, the Netherlands, Singapore, Denmark, Germany, and others. The company derives the largest portion of revenue from Singapore followed by Other areas, Japan, the Netherlands, Germany, and Denmark.

Wisdom Marine Lines Co (TPE:2637) Headlines

No Headlines