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Hock Lok Siew Bhd (XKLS:7098) Total Inventories : RM1.68 Mil (As of Sep. 2012)


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What is Hock Lok Siew Bhd Total Inventories?

Hock Lok Siew Bhd's total inventories for the quarter that ended in Sep. 2012 was RM1.68 Mil. Hock Lok Siew Bhd's average total inventories from the quarter that ended in Jun. 2012 to the quarter that ended in Sep. 2012 was RM1.68 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hock Lok Siew Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2012 was RM-0.32.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Hock Lok Siew Bhd's Inventory Turnover for the quarter that ended in Sep. 2012 was 0.00.

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. Hock Lok Siew Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2012 was 1.10.


Hock Lok Siew Bhd Total Inventories Historical Data

The historical data trend for Hock Lok Siew 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.

Hock Lok Siew Bhd Total Inventories Chart

Hock Lok Siew Bhd Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Inventories
Get a 7-Day Free Trial 10.42 - 4.14 4.38 3.45

Hock Lok Siew Bhd Quarterly Data
Dec11 Mar12 Jun12 Sep12
Total Inventories 3.45 1.51 1.68 1.68

Hock Lok Siew 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.


Hock Lok Siew Bhd  (XKLS:7098) 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.

Hock Lok Siew Bhd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2012 is

Net-Net Working Capital Per Share (Q: Sep. 2012 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.079+0.75 * 0+0.5 * 1.678-30.04
-0-0)/91.005
=-0.32

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

Hock Lok Siew Bhd's Days Inventory for the three months ended in Sep. 2012 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2012 )/Cost of Goods Sold (Q: Sep. 2012 )*Days in Period
=1.678/0*365 / 4
=

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

Hock Lok Siew Bhd's Inventory Turnover for the quarter that ended in Sep. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2012 ) / Average Total Inventories (Q: Sep. 2012 )
=0 / 1.678
=0.00

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.

Hock Lok Siew Bhd's Inventory to Revenue for the quarter that ended in Sep. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2012 ) / Revenue (Q: Sep. 2012 )
=1.678 / 1.529
=1.10

* 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.


Hock Lok Siew Bhd Total Inventories Related Terms

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Hock Lok Siew Bhd (XKLS:7098) Business Description

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