Globaltec Formation Bhd (XKLS:5220) Total Inventories : RM26.8 Mil (As of Mar. 2024)

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What is Globaltec Formation Bhd Total Inventories?

Globaltec Formation Bhd's total inventories for the quarter that ended in Mar. 2024 was RM26.8 Mil. Globaltec Formation Bhd's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was RM28.7 Mil.

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

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Globaltec Formation Bhd's Days Inventory for the three months ended in Mar. 2024 was 69.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Globaltec Formation Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.30.

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. Globaltec Formation Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.62.

Globaltec Formation Bhd Total Inventories Historical Data

The historical data trend for Globaltec Formation 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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Globaltec Formation Bhd Total Inventories Chart

Globaltec Formation Bhd Annual Data

Trend

Jun14

Jun15

Jun16

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Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

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28.54

24.28

31.48

36.18

39.22

Globaltec Formation Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															36.17	39.22	33.93	30.62	26.80

Globaltec Formation 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.

Globaltec Formation Bhd (XKLS:5220) 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.

Globaltec Formation Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(83.606	+	0.75 * 28.67	+	0.5 * 26.797	-	103.266
-	0	-	45.502)	/	269.12
=	-0.11

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

Globaltec Formation Bhd's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	28.7065	/	37.428	*	365 / 4
	=	69.99

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

Globaltec Formation Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	37.428	/	28.7065
	=	1.30

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.

Globaltec Formation Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	28.7065	/	46.57
	=	0.62

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.

Globaltec Formation Bhd Total Inventories Related Terms

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Globaltec Formation Bhd (XKLS:5220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Globaltec Formation Bhd (XKLS:5220) » Definitions » Total Inventories

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Address

No. 2A, Jalan Stesen Sentral 2, Unit 23A-12, Menara Q Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470

Website

http://www.globaltec.com.my

Globaltec Formation Bhd is an auto parts manufacturer. Its business is divided into four reportable segments namely Integrated Manufacturing Services (IMS), Resources, Energy, and Investment Holding. The IMS segment deals with designing and manufacturing automotive components, and it also consists of the precision machining, stamping, and tooling arm and the semiconductor division. The Resources segment includes the oil palm plantation and coal mining divisions. The Energy segment includes oil and gas exploration, production, and services. Lastly, the Investment Holding segment manages the company's investments in subsidiaries. The company has operations in many countries, but it generates the majority of its revenue from the IMS segment.

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