Resources Global Development (SGX:V7R) Total Inventories : S$3.0 Mil (As of Dec. 2023)

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What is Resources Global Development Total Inventories?

Resources Global Development's total inventories for the quarter that ended in Dec. 2023 was S$3.0 Mil. Resources Global Development's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was S$2.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Resources Global Development's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S$-0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Resources Global Development's Days Inventory for the six months ended in Dec. 2023 was 22.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Resources Global Development's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.00.

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. Resources Global Development's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Resources Global Development Total Inventories Historical Data

The historical data trend for Resources Global Development'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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Resources Global Development Total Inventories Chart

Resources Global Development Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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0.04

1.99

4.18

1.97

2.98

Resources Global Development Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial									4.18	2.68	1.97	1.81	2.98

Resources Global Development 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.

Resources Global Development (SGX:V7R) 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.

Resources Global Development'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)
=	(27.133	+	0.75 * 5.758	+	0.5 * 2.976	-	20.933
-	0	-	38.83)	/	450
=	-0.06

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

Resources Global Development'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
	=	2.394	/	19.161	*	365 / 2
	=	22.80

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

Resources Global Development'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 )
	=	19.161	/	2.394
	=	8.00

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.

Resources Global Development'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 )
	=	2.394	/	36.279
	=	0.07

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.

Resources Global Development Total Inventories Related Terms

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Resources Global Development (SGX:V7R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Resources Global Development Ltd (SGX:V7R) » Definitions » Total Inventories

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N/A

Address

144 Robinson Road, No. 11-02 Robinson Square, Singapore, SGP, 068908

Website

https://www.rgd.sg

Resources Global Development Ltd is engaged in the procurement and sale of coal within Indonesia. The company provides chartering services of tugboats, barges and bulk carriers to its customers to transport coal within the Indonesian territories. Through its subsidiary, it procures a supply of thermal coal from coal mines located in South Kalimantan, Indonesia for domestic sales. It operates Coal Shipping Services through its subsidiary, which covers domestic shipping routes mainly between coal mines located in South Kalimantan to the Java and Sulawesi islands in Indonesia. The company's coal shipping services include chartering services and transshipment services.

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