NCT Alliance Bhd (XKLS:0056) Total Inventories : RM342.6 Mil (As of Mar. 2024)

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What is NCT Alliance Bhd Total Inventories?

NCT Alliance Bhd's total inventories for the quarter that ended in Mar. 2024 was RM342.6 Mil. NCT Alliance Bhd's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was RM343.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NCT Alliance Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NCT Alliance Bhd's Days Inventory for the three months ended in Mar. 2024 was 512.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. NCT Alliance Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.18.

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. NCT Alliance Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.89.

NCT Alliance Bhd Total Inventories Historical Data

The historical data trend for NCT Alliance Bhd'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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NCT Alliance Bhd Total Inventories Chart

NCT Alliance Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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58.10

92.71

365.05

359.45

345.24

NCT Alliance Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															353.86	345.93	339.29	345.24	342.55

NCT Alliance Bhd 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.

NCT Alliance Bhd (XKLS:0056) 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.

NCT Alliance Bhd'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)
=	(72.521	+	0.75 * 105.778	+	0.5 * 342.551	-	250.4
-	0	-	0)	/	1559.15
=	0.05

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

NCT Alliance Bhd'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
	=	343.895	/	61.217	*	365 / 4
	=	512.61

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

NCT Alliance Bhd'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 )
	=	61.217	/	343.895
	=	0.18

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.

NCT Alliance Bhd'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 )
	=	343.895	/	88.335
	=	3.89

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.

NCT Alliance Bhd Total Inventories Related Terms

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NCT Alliance Bhd (XKLS:0056) Business Description

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Address

No. 2, Jalan BP 4/9, Menara NCT, Bandar Bukit Puchong, Puchong, SGR, MYS, 47100

Website

https://www.nctalliance.com

NCT Alliance Bhd, formerly Grand-Flo Bhd is an investment holding company, engaged in the provision of data management and collaboration solutions. The business activity of the firm is operated through Enterprise Data Collection and Collation System (EDCCS), Labels, and Property Development. It derives the majority of revenue from the EDCCS segment which involves the supply and installation of Enterprise Data Collection and Collation System and hardware, information technology solutions, computer related accessories and integrating computer system and hardwa. Geographically the business presence of the firm is seen across the region of Malaysia, Hong Kong, and China.

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