Iconic Worldwide Bhd (XKLS:9113) Total Inventories : RM18.98 Mil (As of Dec. 2023)

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What is Iconic Worldwide Bhd Total Inventories?

Iconic Worldwide Bhd's total inventories for the quarter that ended in Dec. 2023 was RM18.98 Mil. Iconic Worldwide Bhd's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was RM19.54 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Iconic Worldwide Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iconic Worldwide Bhd's Days Inventory for the three months ended in Dec. 2023 was 121.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Iconic Worldwide Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.75.

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. Iconic Worldwide Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.31.

Iconic Worldwide Bhd Total Inventories Historical Data

The historical data trend for Iconic Worldwide 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.

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Iconic Worldwide Bhd Total Inventories Chart

Iconic Worldwide Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Inventories

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19.52

37.77

41.78

77.71

36.66

Iconic Worldwide Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															38.61	36.66	17.59	20.09	18.98

Iconic Worldwide 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.

Iconic Worldwide Bhd (XKLS:9113) 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.

Iconic Worldwide Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(7.199	+	0.75 * 17.96	+	0.5 * 18.981	-	140.534
-	0	-	-0.123)	/	583.982
=	-0.19

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

Iconic Worldwide Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	19.535	/	14.691	*	365 / 4
	=	121.34

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

Iconic Worldwide Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	14.691	/	19.535
	=	0.75

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.

Iconic Worldwide Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	19.535	/	14.902
	=	1.31

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.

Iconic Worldwide Bhd Total Inventories Related Terms

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Iconic Worldwide Bhd (XKLS:9113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Iconic Worldwide Bhd (XKLS:9113) » Definitions » Total Inventories

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Traded in Other Exchanges

N/A

Address

No 1-2, Jalan Icon City, Icon City, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.iconicworldwide.com.my

Iconic Worldwide Bhd is an investment holding company. The company is involved in tourism and property businesses. The company is organized into the following reportable segments: Property development including construction and sale of commercial properties which generates maximum revenue for the company; Manufacturing segment involved in the manufacturing of personal protective equipment, mainly disposable face masks and gloves; Tourism services engaged in the provision of tours and ticketing services, transportation services, hospitality services and trading of souvenirs, and other tourism-related products; and Others segment comprises investment holding, trading, warehousing, mobile crane services, timber log trading, sawmilling and manufacturing of downstream timber products.

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