Petronas Gas Bhd (XKLS:6033) Total Inventories : RM39 Mil (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Petronas Gas Bhd Total Inventories?

Petronas Gas Bhd's total inventories for the quarter that ended in Dec. 2023 was RM39 Mil. Petronas Gas Bhd's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was RM41 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Petronas Gas Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petronas Gas Bhd's Days Inventory for the three months ended in Dec. 2023 was 3.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petronas Gas Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 26.30.

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. Petronas Gas Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Petronas Gas Bhd Total Inventories Historical Data

The historical data trend for Petronas Gas 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.

Petronas Gas Bhd Total Inventories Chart

Petronas Gas Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

78.15

44.94

45.95

42.57

38.67

Petronas Gas Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															42.57	44.62	43.90	43.16	38.67

Petronas Gas 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.

Petronas Gas Bhd (XKLS:6033) 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.

Petronas Gas Bhd's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3527.91	+	0.75 * 789.277	+	0.5 * 38.67	-	5504.128
-	0	-	260.088)	/	1978.73
=	-0.82

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

Petronas Gas Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	40.916	/	1076.022	*	365 / 4
	=	3.47

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

Petronas Gas Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1076.022	/	40.916
	=	26.30

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.

Petronas Gas Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	40.916	/	1582.836
	=	0.03

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.

Petronas Gas Bhd Total Inventories Related Terms

Thank you for viewing the detailed overview of Petronas Gas Bhd's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Petronas Gas Bhd (XKLS:6033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petronas Gas Bhd (XKLS:6033) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

PNAGF:USA

Address

Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

https://www.petronasgas.com

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

Petronas Gas Bhd (XKLS:6033) Headlines

No Headlines