Hengyuan Refining Co Bhd (XKLS:4324) Total Inventories: RM1,096 Mil (As of Mar. 2026)


XKLS:4324 Hengyuan Refining Co Bhd XKLS:4324
59 GF Score
Price RM1.03
GF Value RM1.19
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hengyuan Refining Co Bhd Total Inventories?

Hengyuan Refining Co Bhd XKLS:4324 +1.98% 59 Total Inventories is RM1,096 Mil as of Mar. 2026. GuruFocus rates XKLS:4324 with a GF Score™ of 59/100 and a GF Value™ of RM1.19 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Hengyuan Refining Co Bhd's total inventories for the quarter that ended in Mar. 2026 was RM1,096 Mil. Hengyuan Refining Co Bhd's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was RM965 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hengyuan Refining Co Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was RM-3.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hengyuan Refining Co Bhd's Days Inventory for the three months ended in Mar. 2026 was 20.97.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hengyuan Refining Co Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.35.

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. Hengyuan Refining Co Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.21.


Hengyuan Refining Co Bhd  (XKLS:4324) 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.

Hengyuan Refining Co Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(527.278+0.75 * 1754.165+0.5 * 1095.959-4307.851
-0-0)/600.045
=-3.19

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

Hengyuan Refining Co Bhd's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=964.8635/4199.332*365 / 4
=20.97

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

Hengyuan Refining Co Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=4199.332 / 964.8635
=4.35

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.

Hengyuan Refining Co Bhd's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=964.8635 / 4624.544
=0.21

* 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.


Hengyuan Refining Co Bhd Total Inventories Related Terms


Hengyuan Refining Co Bhd Total Inventories Historical Data

* Premium members only.

The historical data trend for Hengyuan Refining Co 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.

Hengyuan Refining Co Bhd Total Inventories Chart

Hengyuan Refining Co Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,572.57 1,501.87 1,391.36 399.99 833.77

Hengyuan Refining Co Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,387.89 943.66 892.78 833.77 1,095.96
XKLS:4324
59GF Score
Hengyuan Refining Co Bhd XKLS:4324
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Hengyuan Refining Co 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of RM1,096 Mil mean?
Hengyuan Refining Co Bhd (XKLS:4324) has a Total Inventories of RM1,096 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Hengyuan Refining Co Bhd and its competitors.
Is Hengyuan Refining Co Bhd's Total Inventories too high?
Hengyuan Refining Co Bhd's current Total Inventories is RM1,096 Mil. Overall, Hengyuan Refining Co Bhd has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hengyuan Refining Co Bhd's Total Inventories compare to VLO and MPC?
Hengyuan Refining Co Bhd's Total Inventories of RM1,096 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Hengyuan Refining Co Bhd and its competitors. Hengyuan Refining Co Bhd's current Total Inventories is RM1,096 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hengyuan Refining Co Bhd stock overvalued right now?
Based on GuruFocus' analysis, Hengyuan Refining Co Bhd (XKLS:4324) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.19, compared to a current price of RM1.03 — trading 13.4% below its estimated fair value. The current Total Inventories is RM1,096 Mil. Hengyuan Refining Co Bhd's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Hengyuan Refining Co Bhd (XKLS:4324), the current Total Inventories is RM1,096 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hengyuan Refining Co Bhd (XKLS:4324) Overvalued in 2026?

Based on GuruFocus' analysis, Hengyuan Refining Co Bhd stock appears to be undervalued. The current stock price of RM1.03 is trading 13.4% below its estimated GF Value™ of RM1.19. GuruFocus considers Hengyuan Refining Co Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:4324:

  • Total Inventories: RM1,096 Mil
  • GF Value™: RM1.19 vs. price of RM1.03 (13.4% below fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the XKLS:4324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hengyuan Refining Co Bhd Business Description

Industry EnergyOil & Gas
Address Jalan Pantai, Batu 1, Port Dickson, NSN, MYS, 71000
Hengyuan Refining Co Bhd is engaged in the refining and manufacturing of petroleum products in Malaysia. The company's operating units in its refinery consist of two crude distillers, a long residue catalytic cracker, two naptha treaters and a merox plant, one kerosene Merox plant, one platformer, two hydro-processing units, a Hydrogen Manufacturing Unit (HMU) and a sulphur recovery unit. Its product portfolio consists of liquefied petroleum gas (LPG), gasoline, diesel, aviation fuel, fuel oil components, and chemical feedstocks like light naphtha and propylene.
59GF Score

Get the complete analysis for XKLS:4324

Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM1.03
Price
RM1.19
GF Value