Kingston Wharves (XJAM:KW) Total Inventories : JMD645 Mil (As of Mar. 2024)

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What is Kingston Wharves Total Inventories?

Kingston Wharves's total inventories for the quarter that ended in Mar. 2024 was JMD645 Mil. Kingston Wharves's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was JMD649 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kingston Wharves's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was JMD0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kingston Wharves's Days Inventory for the three months ended in Mar. 2024 was 41.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kingston Wharves's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.18.

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. Kingston Wharves's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.25.

Kingston Wharves Total Inventories Historical Data

The historical data trend for Kingston Wharves'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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Kingston Wharves Total Inventories Chart

Kingston Wharves Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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433.05

413.85

442.92

572.78

653.28

Kingston Wharves Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															496.83	572.78	585.95	653.28	645.02

Kingston Wharves 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.

Kingston Wharves (XJAM:KW) 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.

Kingston Wharves's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(10596.239	+	0.75 * 1545.98	+	0.5 * 645.023	-	11504.038
-	0	-	421.218)	/	1410.051
=	0.11

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

Kingston Wharves's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	649.1515	/	1417.859	*	365 / 4
	=	41.78

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

Kingston Wharves's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	1417.859	/	649.1515
	=	2.18

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.

Kingston Wharves's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	649.1515	/	2570.663
	=	0.25

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.

Kingston Wharves Total Inventories Related Terms

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Kingston Wharves Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kingston Wharves Ltd (XJAM:KW) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

195 Second Street, Total Logistics Facility, Newport West, St. Andrew, Kingston, JAM, 13

Website

https://www.kingstonwharves.com

Kingston Wharves Ltd is engaged in the operation of public wharves, logistics services, security services, warehousing, and the rental of and repairs to cold storage facilities. It operates in two segments: Terminal operations and Logistics services. The Terminal operations segment which generates the majority of revenue engages in the operation of public wharves and the stevedoring of vessels. Its Logistics Services segment offers warehousing and logistics facilities, security services, rental of and repairs to cold storage facilities, and property rental.