Hiap Teck Venture Bhd (XKLS:5072) Total Inventories : RM514 Mil (As of Jan. 2024)

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What is Hiap Teck Venture Bhd Total Inventories?

Hiap Teck Venture Bhd's total inventories for the quarter that ended in Jan. 2024 was RM514 Mil. Hiap Teck Venture Bhd's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was RM507 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hiap Teck Venture Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was RM-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hiap Teck Venture Bhd's Days Inventory for the three months ended in Jan. 2024 was 108.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hiap Teck Venture Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.84.

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. Hiap Teck Venture Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 1.10.

Hiap Teck Venture Bhd Total Inventories Historical Data

The historical data trend for Hiap Teck Venture 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.

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Hiap Teck Venture Bhd Total Inventories Chart

Hiap Teck Venture Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Inventories

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438.78

354.19

450.14

641.70

444.11

Hiap Teck Venture Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Inventories	Get a 7-Day Free Trial															413.54	478.01	444.11	499.50	513.57

Hiap Teck Venture 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.

Hiap Teck Venture Bhd (XKLS:5072) 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.

Hiap Teck Venture Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

	Net-Net Working Capital Per Share (Q: Jan. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(83.093	+	0.75 * 397.497	+	0.5 * 513.567	-	698.822
-	0	-	0.202)	/	1742.23
=	-0.04

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

Hiap Teck Venture Bhd's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	506.532	/	425.078	*	365 / 4
	=	108.74

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

Hiap Teck Venture Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2024 )	/	Average Total Inventories (Q: Jan. 2024 )
	=	425.078	/	506.532
	=	0.84

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.

Hiap Teck Venture Bhd's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	506.532	/	459.454
	=	1.10

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.

Hiap Teck Venture Bhd Total Inventories Related Terms

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Hiap Teck Venture Bhd (XKLS:5072) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hiap Teck Venture Bhd (XKLS:5072) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

Lot 6096, Jalan Haji Abdul Manan, Batu 5 1/2, Off Jalan Meru, Klang, SGR, MYS, 41050

Website

https://www.htgrp.com.my

Hiap Teck Venture Bhd is a Malaysia-based company. It has five segments. The Trading segment is involved in importing, exporting, general dealing, and leasing of steel products, hardware, and building materials; the Manufacturing segment is involved in manufacturing, selling, and renting pipes, hollow sections, scaffolding equipment, and other steel products; the Property and Investment segment is engaged in renting out property and investment holding; the Transportation segment includes a provision of transportation of goods by lorries; and the Mining and exploration segment consists of exploring, contracting and other activities related to the mining, processing, and sale of iron ore. It generates a vast majority of the revenues from the Trading segment within Malaysia.

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