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Ecoscience International Bhd (XKLS:0255) Total Inventories : RM20.4 Mil (As of Jun. 2024)


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What is Ecoscience International Bhd Total Inventories?

Ecoscience International Bhd's total inventories for the quarter that ended in Jun. 2024 was RM20.4 Mil. Ecoscience International Bhd's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was RM19.8 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ecoscience International Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was RM-0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ecoscience International Bhd's Days Inventory for the three months ended in Jun. 2024 was 64.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecoscience International Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.41.

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. Ecoscience International Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.67.


Ecoscience International Bhd Total Inventories Historical Data

The historical data trend for Ecoscience International 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.

Ecoscience International Bhd Total Inventories Chart

Ecoscience International Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial 4.57 8.65 15.21 18.17 24.04

Ecoscience International Bhd Quarterly Data
Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.04 13.61 24.04 19.17 20.39

Ecoscience International 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.


Ecoscience International Bhd  (XKLS:0255) 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.

Ecoscience International Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.978+0.75 * 23.19+0.5 * 20.385-95.704
-0-0)/374
=-0.11

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

Ecoscience International Bhd's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=19.779/27.806*365 / 4
=64.91

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

Ecoscience International Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=27.806 / 19.779
=1.41

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.

Ecoscience International Bhd's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=19.779 / 29.319
=0.67

* 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.


Ecoscience International Bhd Total Inventories Related Terms

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Ecoscience International Bhd Business Description

Traded in Other Exchanges
N/A
Address
Pasir Gudang Industrial Estate, PLO555, Jalan Keluli 8, Pasir Gudang, JHR, MYS, 81700
Ecoscience International Bhd is a one-stop solution provider for the construction of palm oil mills and supporting facilities, and fabrication of equipment. The core activities of the company is the construction of plants, which are mainly palm oil mills and facilities, supported by our in-house fabrication of equipment. Other complementary activities include supply of materials and equipment, spare parts and provision of maintenance services. The company's reportable segments are as follows which includes Construction of Plants and Facilities Segment, Fabrication of Equipment Segment, Supply of Material and Equipment, Others. The company generates majority of its revenue from Construction of Plants and Facilities Segment in Malaysia region itself.

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