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MCE Holdings Bhd (XKLS:7004) Total Inventories : RM17.7 Mil (As of Jul. 2024)


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What is MCE Holdings Bhd Total Inventories?

MCE Holdings Bhd's total inventories for the quarter that ended in Jul. 2024 was RM17.7 Mil. MCE Holdings Bhd's average total inventories from the quarter that ended in Apr. 2024 to the quarter that ended in Jul. 2024 was RM18.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MCE Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Jul. 2024 was RM0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MCE Holdings Bhd's Days Inventory for the three months ended in Jul. 2024 was 87.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. MCE Holdings Bhd's Inventory Turnover for the quarter that ended in Jul. 2024 was 1.04.

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. MCE Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 0.49.


MCE Holdings Bhd Total Inventories Historical Data

The historical data trend for MCE Holdings 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.

MCE Holdings Bhd Total Inventories Chart

MCE Holdings Bhd Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.75 19.10 25.38 24.17 17.75

MCE Holdings Bhd Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 24.17 22.44 21.05 18.33 17.75

MCE Holdings 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.


MCE Holdings Bhd  (XKLS:7004) 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.

MCE Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2024 is

Net-Net Working Capital Per Share (Q: Jul. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(49.488+0.75 * 19.307+0.5 * 17.746-60.988
-0-0.35)/123.557
=0.09

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

MCE Holdings Bhd's Days Inventory for the three months ended in Jul. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2024 )/Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=18.0385/18.83*365 / 4
=87.41

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

MCE Holdings Bhd's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2024 ) / Average Total Inventories (Q: Jul. 2024 )
=18.83 / 18.0385
=1.04

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.

MCE Holdings Bhd's Inventory to Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=18.0385 / 36.947
=0.49

* 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.


MCE Holdings Bhd Total Inventories Related Terms

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MCE Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 2 and 4, Jalan Waja 7, Kawasan Perindustrian Pandan, Johor Bahru, JHR, MYS, 81100
MCE Holdings Bhd is engaged in the manufacturing and supply of automotive electronics and mechatronics parts. It operates in two segments namely, Automotive parts which comprise of manufacturing and trading of automotive parts which also contribute the majority part of revenue, and the Healthcare services segment comprises various healthcare services. The majority of the company's revenue comes from the Malaysian market.

MCE Holdings Bhd Headlines

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