Solid Automotive Bhd (XKLS:5242) Total Inventories : RM99.8 Mil (As of Jan. 2024)

Solid Automotive Bhd Total Inventories Chart

Solid Automotive Bhd Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Total Inventories		Get a 7-Day Free Trial					81.06	81.42	67.20	84.14	103.97

Solid Automotive 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															120.25	103.97	105.81	103.92	99.79

Solid Automotive 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.

Solid Automotive Bhd  (XKLS:5242) 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.

Solid Automotive Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

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

Solid Automotive Bhd's Days Inventory for the three months ended in Jan. 2024 is calculated as:

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

Solid Automotive Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

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.

Solid Automotive Bhd's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

* 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.

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Solid Automotive Bhd (XKLS:5242) Business Description