Nocera (Nocera) Total Inventories : $0.09 Mil (As of Mar. 2024)

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What is Nocera Total Inventories?

Nocera's total inventories for the quarter that ended in Mar. 2024 was $0.09 Mil. Nocera's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.09 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nocera's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nocera's Days Inventory for the three months ended in Mar. 2024 was 1.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nocera's Inventory Turnover for the quarter that ended in Mar. 2024 was 55.36.

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. Nocera's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

Nocera Total Inventories Historical Data

The historical data trend for Nocera'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.

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Nocera Total Inventories Chart

Nocera Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

1.72

0.10

0.09

Nocera Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial											0.09	0.09	0.09	0.09	0.09

Nocera 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.

Nocera (NAS:NCRA) 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.

Nocera'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)
=	(1.173	+	0.75 * 0.172	+	0.5 * 0.086	-	2.268
-	0	-	0.074)	/	12.957
=	-0.08

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

Nocera'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
	=	0.087	/	4.816	*	365 / 4
	=	1.65

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

Nocera'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 )
	=	4.816	/	0.087
	=	55.36

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.

Nocera'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 )
	=	0.087	/	4.9
	=	0.02

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.

Nocera Total Inventories Related Terms

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Nocera (Nocera) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nocera Inc (NAS:NCRA) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F (Building B), No. 185, Sec. 1, Datong Road, Xizhi District, New Taipei City, TWN, 221

Website

https://www.nocera.company

Nocera Inc is engaged in the manufacturing of aquaculture equipment, construction of aquaculture facilities, managing and operating aquaculture facilities and consulting for third-party operators of aquaculture facilities. Its primary business operations consist of the design, development and production of RASs large-scale fish tank systems, for fish farms along with expert consulting, technology transfer, and aquaculture project management services to new and existing aquaculture management business services.

Executives

Andy Ching-an Jin	director, officer: Chief Executive Officer	3F (BUILDING B), NO. 185, SEC. 1, DATONG RD., XIZHI DIST., NEW TAIPEI CITY F5 221
Yin-chieh Cheng	director, officer: CFO and Chairman	15F #464 JIAYUAN RD., SEC. 3 SHULIN DIST., NEW TAIPEI CITY F5 23854
Kuan-yin Cheng	officer: President and CEO	12772 BRADWELL ROAD, HERNDON VA 20101
Bi Zhang	10 percent owner	BUILDING #5 FENG DU BAN PANG QU SHAN AN, ZHI,, XINGYI CITY, GUIZHOU QIANXINAN F4 562400
Erik S Nelson	director, officer: Corporate Secretary	2030 POWERS FERRY RD SE, SUITE 212, ATLANTA GA 30339