Professional Medical Expertise Co (SAU:9574) Total Inventories : ﷼73.4 Mil (As of Dec. 2022)

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What is Professional Medical Expertise Co Total Inventories?

Professional Medical Expertise Co's total inventories for the quarter that ended in Dec. 2022 was ﷼73.4 Mil. Professional Medical Expertise Co's average total inventories from the quarter that ended in . 20 to the quarter that ended in Dec. 2022 was ﷼36.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Professional Medical Expertise Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was ﷼-2.61.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Professional Medical Expertise Co's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.00.

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.

Professional Medical Expertise Co Total Inventories Historical Data

The historical data trend for Professional Medical Expertise 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.

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Professional Medical Expertise Co Total Inventories Chart

Professional Medical Expertise Co Annual Data

Trend

Dec22

Dec23

Total Inventories

73.44

113.87

Professional Medical Expertise Co Quarterly Data
	Dec22	Dec23
Total Inventories	73.44	113.87

Professional Medical Expertise 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.

Professional Medical Expertise Co (SAU:9574) 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.

Professional Medical Expertise Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

	Net-Net Working Capital Per Share (Q: Dec. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5.316	+	0.75 * 99.786	+	0.5 * 73.443	-	126.018
-	0	-	0)	/	3.500
=	-2.61

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

Professional Medical Expertise Co's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	36.7215	/	0	*	365 / 4
	=

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

Professional Medical Expertise Co's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2022 )	/	Average Total Inventories (Q: Dec. 2022 )
	=	0	/	36.7215
	=	0.00

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.

Professional Medical Expertise Co's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	36.7215	/	0
	=

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.

Professional Medical Expertise Co Total Inventories Related Terms

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Professional Medical Expertise Co (SAU:9574) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Professional Medical Expertise Co (SAU:9574) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434

Website

https://www.promedex.com

Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers.

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