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YA Horng Electronic M Bhd (XKLS:7196) Total Inventories : RM20.9 Mil (As of Jul. 2013)


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What is YA Horng Electronic M Bhd Total Inventories?

YA Horng Electronic M Bhd's total inventories for the quarter that ended in Jul. 2013 was RM20.9 Mil. YA Horng Electronic M Bhd's average total inventories from the quarter that ended in Apr. 2013 to the quarter that ended in Jul. 2013 was RM19.4 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. YA Horng Electronic M Bhd's Net-Net Working Capital per share for the quarter that ended in Jul. 2013 was RM0.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. YA Horng Electronic M Bhd's Days Inventory for the three months ended in Jul. 2013 was 73.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. YA Horng Electronic M Bhd's Inventory Turnover for the quarter that ended in Jul. 2013 was 1.24.

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. YA Horng Electronic M Bhd's Inventory-to-Revenue for the quarter that ended in Jul. 2013 was 0.68.


YA Horng Electronic M Bhd Total Inventories Historical Data

The historical data trend for YA Horng Electronic M 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.

YA Horng Electronic M Bhd Total Inventories Chart

YA Horng Electronic M Bhd Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13
Total Inventories
Get a 7-Day Free Trial 22.64 22.04 29.38 21.53 18.05

YA Horng Electronic M Bhd Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
Total Inventories Get a 7-Day Free Trial 24.86 23.64 18.05 17.94 20.88

YA Horng Electronic M 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.


YA Horng Electronic M Bhd  (XKLS:7196) 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.

YA Horng Electronic M Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2013 is

Net-Net Working Capital Per Share (Q: Jul. 2013 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(38.376+0.75 * 0+0.5 * 20.878-22.795
-0-0)/46.421
=0.56

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

YA Horng Electronic M Bhd's Days Inventory for the three months ended in Jul. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2013 )/Cost of Goods Sold (Q: Jul. 2013 )*Days in Period
=19.408/24.15*365 / 4
=73.33

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

YA Horng Electronic M Bhd's Inventory Turnover for the quarter that ended in Jul. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2013 ) / Average Total Inventories (Q: Jul. 2013 )
=24.15 / 19.408
=1.24

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.

YA Horng Electronic M Bhd's Inventory to Revenue for the quarter that ended in Jul. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2013 ) / Revenue (Q: Jul. 2013 )
=19.408 / 28.442
=0.68

* 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.


YA Horng Electronic M Bhd Total Inventories Related Terms

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YA Horng Electronic M Bhd (XKLS:7196) Business Description

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Address
YA Horng Electronic M Bhd is an investment holding company, engages in the manufacture and sale of audio and electric products primarily in Malaysia, China, and Taiwan.

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