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Marine & General Bhd (XKLS:5078) Total Inventories : RM16.0 Mil (As of Jan. 2024)


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What is Marine & General Bhd Total Inventories?

Marine & General Bhd's total inventories for the quarter that ended in Jan. 2024 was RM16.0 Mil. Marine & General Bhd's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was RM16.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Marine & General Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was RM-0.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marine & General Bhd's Days Inventory for the three months ended in Jan. 2024 was 24.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marine & General Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 was 3.68.

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. Marine & General Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.19.


Marine & General Bhd Total Inventories Historical Data

The historical data trend for Marine & General Bhd'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.

Marine & General Bhd Total Inventories Chart

Marine & General Bhd Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Dec16 Dec17 Apr20 Apr21 Apr22 Apr23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 7.04 7.15 12.59 15.43

Marine & General Bhd Quarterly Data
Mar19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 15.27 15.43 14.99 17.32 15.98

Marine & General Bhd 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.


Marine & General Bhd  (XKLS:5078) 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.

Marine & General Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(44.671+0.75 * 71.657+0.5 * 15.979-717.979
-0--50.515)/2223.879
=-0.25

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

Marine & General Bhd's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=16.651/61.332*365 / 4
=24.77

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

Marine & General Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=61.332 / 16.651
=3.68

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.

Marine & General Bhd's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=16.651 / 88.404
=0.19

* 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.


Marine & General Bhd Total Inventories Related Terms

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Marine & General Bhd (XKLS:5078) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Tun Mohd Fuad, Level 23, Plaza VADS, Taman Tun Dr Ismail, Kuala Lumpur, SGR, MYS, 60000
Marine & General Bhd is an investment holding company. Its operating segments include Marine Logistics - Upstream, which is the key revenue driver; and Marine Logistics - Downstream. Its business activities are the provision of vessel charter services serving the upstream oil and gas industry, the downstream oil and gas sector, and petroleum product tankers. The company generates the majority of its revenue from Malaysia.

Marine & General Bhd (XKLS:5078) Headlines

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