Mercury Securities Group Bhd (XKLS:0285) Total Inventories : RM0.00 Mil (As of Oct. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Mercury Securities Group Bhd Total Inventories?

Mercury Securities Group Bhd's total inventories for the quarter that ended in Oct. 2023 was RM0.00 Mil. Mercury Securities Group Bhd's average total inventories from the quarter that ended in Apr. 2023 to the quarter that ended in Oct. 2023 was RM0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mercury Securities Group Bhd's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was RM0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mercury Securities Group Bhd's Days Inventory for the six months ended in Oct. 2023 was 0.00.

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

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. Mercury Securities Group Bhd's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.00.

Mercury Securities Group Bhd Total Inventories Historical Data

The historical data trend for Mercury Securities Group 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.

Mercury Securities Group Bhd Total Inventories Chart

Mercury Securities Group Bhd Annual Data

Trend

Oct19

Oct20

Oct21

Oct22

Oct23

Total Inventories

Mercury Securities Group Bhd Semi-Annual Data
	Oct19	Oct20	Oct21	Apr22	Oct22	Apr23	Oct23
Total Inventories	Get a 7-Day Free Trial			-	-	-	-	-

Mercury Securities Group 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.

Mercury Securities Group Bhd (XKLS:0285) 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.

Mercury Securities Group Bhd's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 is

	Net-Net Working Capital Per Share (Q: Oct. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(83.615	+	0.75 * 72.977	+	0.5 * 0	-	14.878
-	0	-	0)	/	893
=	0.14

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

Mercury Securities Group Bhd's Days Inventory for the six months ended in Oct. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2023 )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
	=	0	/	5.908	*	365 / 2
	=	0.00

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

Mercury Securities Group Bhd's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Oct. 2023 )	/	Average Total Inventories (Q: Oct. 2023 )
	=	5.908	/	0
	=	N/A

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.

Mercury Securities Group Bhd's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2023 )	/	Revenue (Q: Oct. 2023 )
	=	0	/	15.966
	=	0.00

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.

Mercury Securities Group Bhd Total Inventories Related Terms

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

Mercury Securities Group Bhd (XKLS:0285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mercury Securities Group Bhd (XKLS:0285) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Jalan Solaris, L-7-2, Solaris Mont Kiara, Kuala Lumpur, MYS, 50480

Website

https://www.mercurysecurities.com.my

Mercury Securities Group Bhd is an investment holding company and through its subsidiaries, It is principally engaged in stockbroking, corporate finance advisory and other related businesses as well as the provision of nominee and custodian services. Mercury provides stockbroking services comprising execution of trades of securities listed on Bursa Securities and foreign stock exchanges mainly in Singapore, Hong Kong and the USA, as well as margin financing facility services, nominees, custodians and related services. It is also licensed by the Securities Commission Malaysia to undertake regulated corporate finance activities as a Principal or Independent Advisor.

Mercury Securities Group Bhd (XKLS:0285) Headlines

No Headlines