Riyadh Cables Group Co (SAU:4142) Total Inventories : ﷼2,302 Mil (As of Sep. 2024)

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What is Riyadh Cables Group Co Total Inventories?

Riyadh Cables Group Co's total inventories for the quarter that ended in Sep. 2024 was ﷼2,302 Mil. Riyadh Cables Group Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was ﷼2,268 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Riyadh Cables Group Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ﷼-3.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Riyadh Cables Group Co's Days Inventory for the three months ended in Sep. 2024 was 101.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Riyadh Cables Group Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.90.

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. Riyadh Cables Group Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.93.

Riyadh Cables Group Co Total Inventories Historical Data

The historical data trend for Riyadh Cables Group Co'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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Riyadh Cables Group Co Total Inventories Chart

Riyadh Cables Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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1,040.85

1,145.05

1,585.55

1,795.74

1,909.11

Riyadh Cables Group Co Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial										1,823.60	1,909.11	2,112.76	2,233.47	2,302.17

Riyadh Cables Group Co 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.

Riyadh Cables Group Co (SAU:4142) 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.

Riyadh Cables Group Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(332.96	+	0.75 * 2020.922	+	0.5 * 2302.171	-	3568.454
-	0	-	-1.85)	/	149.717
=	-3.79

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

Riyadh Cables Group Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	2267.8215	/	2031.679	*	365 / 4
	=	101.86

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

Riyadh Cables Group Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	2031.679	/	2267.8215
	=	0.90

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.

Riyadh Cables Group Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	2267.8215	/	2433.149
	=	0.93

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.

Riyadh Cables Group Co Total Inventories Related Terms

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Riyadh Cables Group Co Business Description

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Address

Al Kharj Road Street No. 175, 3rd Lane Zone, D, 2nd industrial City, P.O.Box 26862, Riyadh, SAU, 11496

Website

https://www.riyadh-cables.com

Riyadh Cables Group Co manufactures and supplies all types of wire and cables at its state-of-art facilities. The company's products include Wires, Low Voltage Cables (LV), Medium Voltage Cables (MV), High & Extra High Voltage Cables (HV/EHV), Overhead Lines Conductors Cables (OHL), Instrumentation & Control Cables, Renewable Energy Cables, and Fiber Optic & Telephone Cables. The company operates in three segments, Cable & Wires segment includes Electrical cables, the HV Project segment includes Turnkey projects, and the Other segments include Telephone cables & services. The majority of revenue is generated from Cable & Wires segment.

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