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Associated Commercial Co (XMAU:ACC) Total Inventories : MUR0.0 Mil (As of Dec. 2023)


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What is Associated Commercial Co Total Inventories?

Associated Commercial Co's total inventories for the quarter that ended in Dec. 2023 was MUR0.0 Mil. Associated Commercial Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was MUR0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Associated Commercial Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was MUR-69.90.

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.

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. Associated Commercial Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Associated Commercial Co Total Inventories Historical Data

The historical data trend for Associated Commercial 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.

* Premium members only.

Associated Commercial Co Total Inventories Chart

Associated Commercial Co Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Total Inventories
108.73 110.60 145.08 138.81

Associated Commercial Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 138.81 - -

Associated Commercial 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.


Associated Commercial Co  (XMAU:ACC) 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.

Associated Commercial Co'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)
=(0+0.75 * 0+0.5 * 0-79.894
-0-0)/1.14296
=-69.90

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

Associated Commercial Co'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
=0/0*365 / 4
=

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

Associated Commercial Co'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 )
=0 / 0
=N/A

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.

Associated Commercial Co'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 )
=0 / 109.338
=0.00

* 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.


Associated Commercial Co Total Inventories Related Terms

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Associated Commercial Co (XMAU:ACC) Business Description

Traded in Other Exchanges
N/A
Address
C/o United Bus Service Ltd., Les Cassis, Port Louis, MUS
Associated Commercial Co Ltd is a dealer of motor vehicles, spare parts, new tyres and accessories. The principal activity of the company is the import and distribution tyres, tubes, flaps and spare parts for commercial vehicles. The company's reportable segments are Vehicles, Batteries and Lubricants, Spare Parts and Tyres. The company generates majority of its revenue from Tyres segment.

Associated Commercial Co (XMAU:ACC) Headlines

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