GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Max Echo Technology Corp (ROCO:5228) » Definitions » Total Inventories

Max Echo Technology (ROCO:5228) Total Inventories : NT$114.9 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Max Echo Technology Total Inventories?

Max Echo Technology's total inventories for the quarter that ended in Mar. 2024 was NT$114.9 Mil. Max Echo Technology's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was NT$117.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Max Echo Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was NT$-12.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Max Echo Technology's Days Inventory for the three months ended in Mar. 2024 was 105.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. Max Echo Technology's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.87.

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. Max Echo Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.23.


Max Echo Technology Total Inventories Historical Data

The historical data trend for Max Echo Technology'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.

Max Echo Technology Total Inventories Chart

Max Echo Technology 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 93.21 118.22 125.45 169.76 119.61

Max Echo Technology Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 178.05 171.78 157.36 119.61 114.93

Max Echo Technology 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.


Max Echo Technology  (ROCO:5228) 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.

Max Echo Technology'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)
=(45.259+0.75 * 61.68+0.5 * 114.928-632.783
-0-0)/38.0563
=-12.71

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

Max Echo Technology'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
=117.2695/101.619*365 / 4
=105.30

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

Max Echo Technology'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 )
=101.619 / 117.2695
=0.87

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.

Max Echo Technology'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 )
=117.2695 / 95.384
=1.23

* 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.


Max Echo Technology Total Inventories Related Terms

Thank you for viewing the detailed overview of Max Echo Technology's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Max Echo Technology (ROCO:5228) Business Description

Traded in Other Exchanges
N/A
Address
Number 15, Jingke E. Road, Nantun District, Taichung, TWN, 408
Max Echo Technology Corp is a Taiwan based company engaged in manufacturing and selling SMD multilayer inductor and bead. Its products include multilayer GHz high-frequency ferrite chip beads, multilayer ferrite chip beads, multilayer balun transformers, and multilayer power inductors.

Max Echo Technology (ROCO:5228) Headlines

No Headlines