MJL Bangladesh (DHA:MJLBD) Total Inventories : BDT3,834 Mil (As of Mar. 2024)

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What is MJL Bangladesh Total Inventories?

MJL Bangladesh's total inventories for the quarter that ended in Mar. 2024 was BDT3,834 Mil. MJL Bangladesh's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was BDT3,527 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MJL Bangladesh's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was BDT-63.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MJL Bangladesh's Days Inventory for the three months ended in Mar. 2024 was 40.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. MJL Bangladesh's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.28.

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. MJL Bangladesh's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

MJL Bangladesh Total Inventories Historical Data

The historical data trend for MJL Bangladesh'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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MJL Bangladesh Total Inventories Chart

MJL Bangladesh Annual Data

Trend

Dec13

Dec14

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

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2,438.56

2,248.78

2,672.03

3,101.88

4,262.04

MJL Bangladesh Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															4,714.46	4,262.04	3,385.46	3,219.16	3,834.15

MJL Bangladesh 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.

MJL Bangladesh (DHA:MJLBD) 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.

MJL Bangladesh's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1318.622	+	0.75 * 4563.746	+	0.5 * 3834.146	-	24730.587
-	0	-	2168.335)	/	316.752
=	-63.90

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

MJL Bangladesh's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	3526.6545	/	8032.148	*	365 / 4
	=	40.06

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

MJL Bangladesh's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	8032.148	/	3526.6545
	=	2.28

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.

MJL Bangladesh's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	3526.6545	/	9509.961
	=	0.37

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.

MJL Bangladesh Total Inventories Related Terms

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MJL Bangladesh (DHA:MJLBD) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MJL Bangladesh PLC (DHA:MJLBD) » Definitions » Total Inventories

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Address

Bir Uttam Mir Shawkat Sarak, Mobil House, CWS(A) 13/A, Gulshan Avenue, Dhaka, BGD, 1212

Website

https://www.mjlbl.com

MJL Bangladesh PLC is engaged in the process, manufacture trade of lubricants, blending, marketing of lubricants and grease products. the company has bifurcated the revenues in Oil Tanker, the Manufacturing Unit, which generates the majority of revenue, and Trading Unit. Its automotive lubricants include Car Engine Oils, Motorcycle Engine Oils, Bus & Truck Engine Oils, Gear Oils, and Others. It also produces Industrial & Specialty Lubricants which includes Greases, Compressor Oils, Aviation Products, and others. It serves various industries, some of which include agriculture, automotive, construction, natural gas, and commercial industries. The majority of the revenue is generated from the domestic market but the company also exports some of its products in the International market.

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