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CPE Technology Bhd (XKLS:5317) Total Inventories : RM53.7 Mil (As of Jun. 2023)


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What is CPE Technology Bhd Total Inventories?

CPE Technology Bhd's total inventories for the quarter that ended in Jun. 2023 was RM53.7 Mil. CPE Technology Bhd's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Jun. 2023 was RM47.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CPE Technology Bhd's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was RM0.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CPE Technology Bhd's Days Inventory for the six months ended in Jun. 2023 was 91.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. CPE Technology Bhd's Inventory Turnover for the quarter that ended in Jun. 2023 was 1.99.

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. CPE Technology Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.32.


CPE Technology Bhd Total Inventories Historical Data

The historical data trend for CPE Technology 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.

CPE Technology Bhd Total Inventories Chart

CPE Technology Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories
23.25 14.73 18.79 40.61 53.67

CPE Technology Bhd Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23
Total Inventories 23.25 14.73 18.79 40.61 53.67

CPE Technology 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.


CPE Technology Bhd  (XKLS:5317) 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.

CPE Technology Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(207.076+0.75 * 20.397+0.5 * 53.667-39.71
-0-0)/671.315
=0.31

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

CPE Technology Bhd's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=47.136/93.768*365 / 2
=91.74

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

CPE Technology Bhd's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=93.768 / 47.136
=1.99

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.

CPE Technology Bhd's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=47.136 / 145.275
=0.32

* 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.


CPE Technology Bhd Total Inventories Related Terms

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CPE Technology Bhd (XKLS:5317) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
CPE Technology Bhd is an engineering support services provider principally involved in the manufacturing of precision-machined parts and components and the provision of CNC machining services. The precision-machined parts and components are then used by its customers in different industries which include, but not limited to, semiconductors, life science and medical devices, sports equipment, sensor equipment and security industries in Malaysia and overseas. The company utilizes CNC machining as its primary process such as milling, turning and lathing before going through associated secondary processes which include, but not limited to, polishing, grinding and sandblasting to produce precision-machined parts and components from metal rods and blocks.

CPE Technology Bhd (XKLS:5317) Headlines

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