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Apex Investment PSC (ADX:APEX) Total Inventories : د.إ59.8 Mil (As of Dec. 2024)


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What is Apex Investment PSC Total Inventories?

Apex Investment PSC's total inventories for the quarter that ended in Dec. 2024 was د.إ59.8 Mil. Apex Investment PSC's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Dec. 2024 was د.إ68.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Apex Investment PSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was د.إ0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Apex Investment PSC's Days Inventory for the six months ended in Dec. 2024 was 18.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Apex Investment PSC's Inventory Turnover for the quarter that ended in Dec. 2024 was 9.71.

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. Apex Investment PSC's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.08.


Apex Investment PSC Total Inventories Historical Data

The historical data trend for Apex Investment PSC'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.

Apex Investment PSC Total Inventories Chart

Apex Investment PSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.43 55.11 57.79 76.22 59.83

Apex Investment PSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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 62.43 55.11 57.79 76.22 59.83

Apex Investment PSC 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.


Apex Investment PSC  (ADX:APEX) 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.

Apex Investment PSC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1187.124+0.75 * 168.657+0.5 * 59.831-230.061
-0-0)/3553.195
=0.31

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

Apex Investment PSC's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=68.0255/660.677*365 / 2
=18.79

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

Apex Investment PSC's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=660.677 / 68.0255
=9.71

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.

Apex Investment PSC's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=68.0255 / 852.85
=0.08

* 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.


Apex Investment PSC Total Inventories Related Terms

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Apex Investment PSC Business Description

Traded in Other Exchanges
N/A
Address
Al Wahda Commercial Tower, Office No. 501, PO Box. 30688, Abu Dhabi, ARE
Apex Investment PSC formerly Ras Al Khaimah Cement Co operates in the cement industry. The company is mainly engaged in the producing and marketing of portland cement. The company caters to both the UAE market and the foreign market.