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Al Hassan Engineering CoOG (MUS:HECI) Total Inventories : ر.ع0.53 Mil (As of Dec. 2020)


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What is Al Hassan Engineering CoOG Total Inventories?

Al Hassan Engineering CoOG's total inventories for the quarter that ended in Dec. 2020 was ر.ع0.53 Mil. Al Hassan Engineering CoOG's average total inventories from the quarter that ended in Dec. 2019 to the quarter that ended in Dec. 2020 was ر.ع0.60 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Al Hassan Engineering CoOG's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was ر.ع-0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Al Hassan Engineering CoOG's Days Inventory for the six months ended in Dec. 2020 was 5.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Al Hassan Engineering CoOG's Inventory Turnover for the quarter that ended in Dec. 2020 was 31.90.

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. Al Hassan Engineering CoOG's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.03.


Al Hassan Engineering CoOG Total Inventories Historical Data

The historical data trend for Al Hassan Engineering CoOG'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.

Al Hassan Engineering CoOG Total Inventories Chart

Al Hassan Engineering CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.04 1.68 0.88 0.67 0.53

Al Hassan Engineering CoOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 5.04 1.68 0.88 0.67 0.53

Al Hassan Engineering CoOG 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.


Al Hassan Engineering CoOG  (MUS:HECI) 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.

Al Hassan Engineering CoOG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 is

Net-Net Working Capital Per Share (Q: Dec. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.241+0.75 * 3.219+0.5 * 0.529-65.852
-0-0)/75.208
=-0.78

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

Al Hassan Engineering CoOG's Days Inventory for the six months ended in Dec. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2020 )/Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=0.599/19.11*365 / 2
=5.72

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

Al Hassan Engineering CoOG's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2020 ) / Average Total Inventories (Q: Dec. 2020 )
=19.11 / 0.599
=31.90

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.

Al Hassan Engineering CoOG's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=0.599 / 22.044
=0.03

* 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.


Al Hassan Engineering CoOG Total Inventories Related Terms

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Al Hassan Engineering CoOG (MUS:HECI) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, P.O Box 1948, Muscat, OMN, 112
Al Hassan Engineering Co SAOG is a contracting company providing electrical, mechanical, instrumentation and civil contracting services to the Oil, Gas and Petrochemicals, Power, Water and Wastewater sectors. The company also provides fabrication that includes design, fabrication, and repair of pressure vessels and boilers and maintenance services across all sectors. It derives its revenues from the contracting services it provides to various sectors.

Al Hassan Engineering CoOG (MUS:HECI) Headlines

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