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HG Metal Manufacturing (SGX:BTG) Total Inventories : S$20.1 Mil (As of Jun. 2024)


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What is HG Metal Manufacturing Total Inventories?

HG Metal Manufacturing's total inventories for the quarter that ended in Jun. 2024 was S$20.1 Mil. HG Metal Manufacturing's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was S$22.2 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HG Metal Manufacturing's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was S$0.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HG Metal Manufacturing's Days Inventory for the six months ended in Jun. 2024 was 63.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. HG Metal Manufacturing's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.85.

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. HG Metal Manufacturing's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.30.


HG Metal Manufacturing Total Inventories Historical Data

The historical data trend for HG Metal Manufacturing'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.

HG Metal Manufacturing Total Inventories Chart

HG Metal Manufacturing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.05 28.14 45.78 58.85 24.23

HG Metal Manufacturing Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only 50.56 58.85 22.70 24.23 20.09

HG Metal Manufacturing 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.


HG Metal Manufacturing  (SGX:BTG) 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.

HG Metal Manufacturing'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)
=(22.577+0.75 * 49.811+0.5 * 20.09-27.053
-0-0.001)/166.486
=0.26

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

HG Metal Manufacturing'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
=22.159/63.196*365 / 2
=63.99

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

HG Metal Manufacturing'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 )
=63.196 / 22.159
=2.85

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.

HG Metal Manufacturing'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 )
=22.159 / 73.107
=0.30

* 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.


HG Metal Manufacturing Total Inventories Related Terms

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HG Metal Manufacturing Business Description

Traded in Other Exchanges
N/A
Address
28 Jalan Buroh, Singapore, SGP, 619484
HG Metal Manufacturing Ltd is involved in the steel business. The company has business units which include HG Distribution, HG Construction Steel, HG Coupler, and Thread. The operating segment of the company is Trading Segment, Manufacturing Segment, and Others. The trading segment is a supplier of steel products and includes the holding of investments in subsidiaries in the business of steel distribution and provision of industrial steel services. The manufacturing segment produces construction steel products and provides related engineering services. Others include those which do not fall in the trading and manufacturing segment. The majority is from the manufacturing segment. Geographically, the majority is derived from Singapore.