GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » MMS Ventures Bhd (XKLS:0113) » Definitions » Total Inventories

MMS Ventures Bhd (XKLS:0113) Total Inventories : RM13.95 Mil (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is MMS Ventures Bhd Total Inventories?

MMS Ventures Bhd's total inventories for the quarter that ended in Dec. 2023 was RM13.95 Mil. MMS Ventures Bhd's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was RM14.25 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MMS Ventures Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MMS Ventures Bhd's Days Inventory for the three months ended in Dec. 2023 was 347.35.

Inventory Turnover measures how fast the company turns over its inventory within a year. MMS Ventures Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.26.

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. MMS Ventures Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 6.05.


MMS Ventures Bhd Total Inventories Historical Data

The historical data trend for MMS Ventures 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.

* Premium members only.

MMS Ventures Bhd Total Inventories Chart

MMS Ventures Bhd 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 9.56 9.40 14.95 12.55 13.95

MMS Ventures Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.55 12.57 14.43 14.55 13.95

MMS Ventures 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.


MMS Ventures Bhd  (XKLS:0113) 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.

MMS Ventures Bhd'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)
=(44.276+0.75 * 1.555+0.5 * 13.951-4.103
-0-0)/198.84
=0.24

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

MMS Ventures Bhd's Days Inventory for the three 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
=14.248/3.743*365 / 4
=347.35

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

MMS Ventures Bhd'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 )
=3.743 / 14.248
=0.26

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.

MMS Ventures Bhd'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 )
=14.248 / 2.356
=6.05

* 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.


MMS Ventures Bhd Total Inventories Related Terms

Thank you for viewing the detailed overview of MMS Ventures Bhd's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


MMS Ventures Bhd (XKLS:0113) Business Description

Traded in Other Exchanges
N/A
Address
Plot 84A, Lintang Bayan Lepas 9, Bayan Lepas Industrial Park, Phase 4, Bayan Lepas, PNG, MYS, 11900
MMS Ventures Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the company is involved in the design and manufacture of LED and Semiconductor Industrial Automation Systems and Machinery. The business activity of the group functions through the Manufacture of automated systems and machinery; and the Development of software segments. Geographically, the business presence of the entity is seen across the regions of Asia, America, Europe, Malaysia, and Australia, of which prime revenue is derived from Malaysia and America.

MMS Ventures Bhd (XKLS:0113) Headlines

No Headlines