Muscat Thread MillsOG (MUS:MTMI) Total Inventories : ر.ع1.26 Mil (As of Dec. 2023)

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What is Muscat Thread MillsOG Total Inventories?

Muscat Thread MillsOG's total inventories for the quarter that ended in Dec. 2023 was ر.ع1.26 Mil. Muscat Thread MillsOG's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was ر.ع1.20 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Muscat Thread MillsOG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ر.ع0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Muscat Thread MillsOG's Days Inventory for the six months ended in Dec. 2023 was 89.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Muscat Thread MillsOG's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.05.

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. Muscat Thread MillsOG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.

Muscat Thread MillsOG Total Inventories Historical Data

The historical data trend for Muscat Thread MillsOG'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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Muscat Thread MillsOG Total Inventories Chart

Muscat Thread MillsOG Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec21

Dec22

Dec23

Total Inventories

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0.54

0.62

1.34

1.14

1.26

Muscat Thread MillsOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec21	Dec22	Dec23
Total Inventories	Get a 7-Day Free Trial										0.54	0.62	1.34	1.14	1.26

Muscat Thread MillsOG 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.

Muscat Thread MillsOG (MUS:MTMI) 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.

Muscat Thread MillsOG'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)
=	(0.211	+	0.75 * 0.763	+	0.5 * 1.257	-	1.21
-	0	-	0)	/	17.624
=	0.01

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

Muscat Thread MillsOG's Days Inventory for the six 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
	=	1.2005	/	2.461	*	365 / 2
	=	89.03

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

Muscat Thread MillsOG'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 )
	=	2.461	/	1.2005
	=	2.05

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.

Muscat Thread MillsOG'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 )
	=	1.2005	/	3.282
	=	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.

Muscat Thread MillsOG Total Inventories Related Terms

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Muscat Thread MillsOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Muscat Thread Mills SAOG (MUS:MTMI) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

Road No. 18, Industrial Estate, P.O.Box 122, Rusayl, OMN, 124

Website

https://www.muscatthreads.com

Muscat Thread Mills SAOG manufactures and markets sewing threads. It offers apparel sewing, non-apparel sewing, embroidery, zippers and accessories, and various other types of threads. The firm generates a majority of its revenue from the export of its products to South Asia, the Middle East, and other regions.

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