MWG (Multi Ways Holdings) Total Inventories : $42.27 Mil (As of Jun. 2024)

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What is Multi Ways Holdings Total Inventories?

Multi Ways Holdings's total inventories for the quarter that ended in Jun. 2024 was $42.27 Mil. Multi Ways Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $39.48 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Multi Ways Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Multi Ways Holdings's Days Inventory for the six months ended in Jun. 2024 was 764.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Multi Ways Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.24.

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. Multi Ways Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 2.80.

Multi Ways Holdings Total Inventories Historical Data

The historical data trend for Multi Ways Holdings'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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Multi Ways Holdings Total Inventories Chart

Multi Ways Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Inventories

30.39

32.87

31.44

36.69

Multi Ways Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial			29.43	31.44	33.93	36.69	42.27

Multi Ways Holdings 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.

Multi Ways Holdings (AMEX:MWG) 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.

Multi Ways Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3.912	+	0.75 * 7.638	+	0.5 * 42.274	-	43.843
-	0	-	0)	/	30.840
=	-0.42

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

Multi Ways Holdings's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	39.483	/	9.428	*	365 / 2
	=	764.28

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

Multi Ways Holdings's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	9.428	/	39.483
	=	0.24

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.

Multi Ways Holdings's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	39.483	/	14.091
	=	2.80

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.

Multi Ways Holdings Total Inventories Related Terms

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Multi Ways Holdings Business Description

Industry

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Traded in Other Exchanges

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Address

3E Gul Circle, Singapore, SGP, 629633

Website

https://www.multiways.com.sg

Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.