Artroniq Bhd (XKLS:0038) Total Inventories

: RM2.10 Mil (As of Dec. 2023)

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Artroniq Bhd's total inventories for the quarter that ended in Dec. 2023 was RM2.10 Mil. Artroniq Bhd's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was RM2.10 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Artroniq Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM0.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Artroniq Bhd's Days Inventory for the three months ended in Dec. 2023 was 15.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Artroniq Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.71.

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. Artroniq Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Artroniq Bhd Total Inventories Historical Data

The historical data trend for Artroniq 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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Artroniq Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Inventories

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10.12

10.56

9.42

4.97

Artroniq Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															2.88	3.35	1.99	2.09	2.10

Artroniq 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.

Artroniq Bhd (XKLS:0038) 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.

Artroniq 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)
=	(4	+	0.75 * 54.989	+	0.5 * 2.099	-	14.009
-	0	-	1.894)	/	407.958
=	0.07

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

Artroniq 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
	=	2.0955	/	11.971	*	365 / 4
	=	15.97

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

Artroniq 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 )
	=	11.971	/	2.0955
	=	5.71

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.

Artroniq 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 )
	=	2.0955	/	15.37
	=	0.14

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.

Artroniq Bhd Total Inventories Related Terms

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Artroniq Bhd (XKLS:0038) Business Description

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Address

No. 12, Jalan Pelukis U1/46B, Kawasan Perindustrian Temasya 18, Glenmarie, Shah Alam, SGR, MYS, 40150

Website

https://www.artroniq.com

Artroniq Bhd is an investment holding company. It operates in five segments: Trading of information and communication technology ('ICT') products; ICT-related services; Finance and investment consultation services; Management services; and Semiconductor. It generates maximum revenue from Trading of ICT products. The company operates in Malaysia, Asia, the Middle East, America, and others.

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