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Quality Concrete Holdings Bhd (XKLS:7544) Total Inventories : RM22.8 Mil (As of Oct. 2023)


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What is Quality Concrete Holdings Bhd Total Inventories?

Quality Concrete Holdings Bhd's total inventories for the quarter that ended in Oct. 2023 was RM22.8 Mil. Quality Concrete Holdings Bhd's average total inventories from the quarter that ended in Jul. 2023 to the quarter that ended in Oct. 2023 was RM23.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Quality Concrete Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was RM-1.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quality Concrete Holdings Bhd's Days Inventory for the three months ended in Oct. 2023 was 45.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quality Concrete Holdings Bhd's Inventory Turnover for the quarter that ended in Oct. 2023 was 1.99.

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. Quality Concrete Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.45.


Quality Concrete Holdings Bhd Total Inventories Historical Data

The historical data trend for Quality Concrete Holdings 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.

Quality Concrete Holdings Bhd Total Inventories Chart

Quality Concrete Holdings Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.83 41.04 43.72 31.61 31.54

Quality Concrete Holdings Bhd Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 29.00 31.54 27.68 24.04 22.81

Quality Concrete Holdings 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.


Quality Concrete Holdings Bhd  (XKLS:7544) 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.

Quality Concrete Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 is

Net-Net Working Capital Per Share (Q: Oct. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.502+0.75 * 112.315+0.5 * 22.808-182.333
-0-1.156)/57.962
=-1.20

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

Quality Concrete Holdings Bhd's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=23.4255/46.591*365 / 4
=45.88

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

Quality Concrete Holdings Bhd's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2023 ) / Average Total Inventories (Q: Oct. 2023 )
=46.591 / 23.4255
=1.99

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.

Quality Concrete Holdings Bhd's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=23.4255 / 52.422
=0.45

* 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.


Quality Concrete Holdings Bhd Total Inventories Related Terms

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Quality Concrete Holdings Bhd (XKLS:7544) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tunku Abdul Rahman, Room 209, 2nd Floor, Wisma Bukit Mata Kuching, Kuching, SWK, MYS, 93100
Quality Concrete Holdings Bhd is engaged in the manufacturing of concrete. The company's segment includes Property development, construction and road maintenance, Manufacturing, Trading, Quarry operations, and Investment and management services. It generates maximum revenue from the Property development, construction and road maintenance segment.

Quality Concrete Holdings Bhd (XKLS:7544) Headlines

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