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Reach Energy Bhd (XKLS:5256) Total Inventories : RM2.1 Mil (As of Sep. 2024)


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What is Reach Energy Bhd Total Inventories?

Reach Energy Bhd's total inventories for the quarter that ended in Sep. 2024 was RM2.1 Mil. Reach Energy Bhd's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was RM2.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Reach Energy Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was RM-0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Reach Energy Bhd's Days Inventory for the three months ended in Sep. 2024 was 7.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reach Energy Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 was 12.87.

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. Reach Energy Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.05.


Reach Energy Bhd Total Inventories Historical Data

The historical data trend for Reach Energy 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.

Reach Energy Bhd Total Inventories Chart

Reach Energy Bhd Annual Data
Trend Jul14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only 3.55 1.84 1.68 5.47 5.94

Reach Energy Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.00 5.94 4.59 3.22 2.09

Reach Energy 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.


Reach Energy Bhd  (XKLS:5256) 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.

Reach Energy Bhd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.96+0.75 * 7.067+0.5 * 2.09-737.021
-0--124.025)/2128.96
=-0.28

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

Reach Energy Bhd's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=2.6555/34.187*365 / 4
=7.09

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

Reach Energy Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=34.187 / 2.6555
=12.87

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.

Reach Energy Bhd's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2.6555 / 54.026
=0.05

* 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.


Reach Energy Bhd Total Inventories Related Terms

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Reach Energy Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Dutamas 1, D3-5-8, Block D3, Solaris Dutamas, Kuala Lumpur, SGR, MYS, 50480
Reach Energy Bhd is an oil and gas exploration and production company. It is engaged in the exploration, development and sale of crude oil and other petroleum products in the Republic of Kazakhstan, which also happens to be their single reportable segment. The company earns a majority of the revenue from exploration, development, production and sales of oil and other petroleum products in the Republic of Kazakhstan.

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