Securemetric Bhd (XKLS:0203) Total Inventories : RM1.87 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Securemetric Bhd Total Inventories?

Securemetric Bhd's total inventories for the quarter that ended in Dec. 2023 was RM1.87 Mil. Securemetric Bhd's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was RM1.77 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Securemetric Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Securemetric Bhd's Days Inventory for the three months ended in Dec. 2023 was 25.39.

Inventory Turnover measures how fast the company turns over its inventory within a year. Securemetric Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.59.

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. Securemetric Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Securemetric Bhd Total Inventories Historical Data

The historical data trend for Securemetric 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.

Securemetric Bhd Total Inventories Chart

Securemetric Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

1.17

1.13

1.42

1.80

1.87

Securemetric 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															1.80	2.28	2.04	1.67	1.87

Securemetric 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.

Securemetric Bhd (XKLS:0203) 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.

Securemetric 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)
=	(22.39	+	0.75 * 6.94	+	0.5 * 1.867	-	17.524
-	0	-	0.203)	/	577.066
=	0.02

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

Securemetric 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
	=	1.766	/	6.346	*	365 / 4
	=	25.39

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

Securemetric 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 )
	=	6.346	/	1.766
	=	3.59

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.

Securemetric 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 )
	=	1.766	/	14.712
	=	0.12

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.

Securemetric Bhd Total Inventories Related Terms

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

Securemetric Bhd (XKLS:0203) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Securemetric Bhd (XKLS:0203) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 5-E-6, Enterprise 4, Technology Park Malaysia Lebuhraya, Sg. Besi - Puchong, Bukit Jalil, Kuala Lumpur, MYS, 57000

Website

https://www.securemetric.com

Securemetric Bhd provides digital security solutions as well as trading of electronic identification products along with other services. Its core focus is into Software Licensing Protection dongles for the prevention of unauthorized access, 2-Factor Authentication aims to enhance access security by single-time OTP password, Advanced Identity, and Access Management, Public Key Infrastructure, and CENTAGATE which is an exclusive software that manages user authentication. It operates through the following business segments: Digital security solutions; Electronic identification products and Others.

Securemetric Bhd (XKLS:0203) Headlines

No Headlines