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Kein Hing International Bhd (XKLS:7199) Total Inventories : RM28.9 Mil (As of Jan. 2024)


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What is Kein Hing International Bhd Total Inventories?

Kein Hing International Bhd's total inventories for the quarter that ended in Jan. 2024 was RM28.9 Mil. Kein Hing International Bhd's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was RM30.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kein Hing International Bhd's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was RM0.18.

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. Kein Hing International Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 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. Kein Hing International Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.41.


Kein Hing International Bhd Total Inventories Historical Data

The historical data trend for Kein Hing International 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.

Kein Hing International Bhd Total Inventories Chart

Kein Hing International Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.35 15.93 22.97 33.09 34.34

Kein Hing International Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 34.83 34.34 32.43 32.84 28.87

Kein Hing International 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.


Kein Hing International Bhd  (XKLS:7199) 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.

Kein Hing International Bhd's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(82.462+0.75 * 47.271+0.5 * 28.865-98.492
-0-14.116)/108.900
=0.18

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

Kein Hing International Bhd's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=30.8515/0*365 / 4
=

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

Kein Hing International Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=0 / 30.8515
=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.

Kein Hing International Bhd's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=30.8515 / 75.372
=0.41

* 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.


Kein Hing International Bhd Total Inventories Related Terms

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Kein Hing International Bhd (XKLS:7199) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1863, Jalan Kolej, Seri Kembangan, SGR, MYS, 43300
Kein Hing International Bhd is a Malaysia based investment holding company. The company's operating segment includes Manufacturing; Trading and Investment holding. It generates maximum revenue from the Manufacturing segment. Manufacturing segment includes sheet metal forming, precision machining, component assembly and manufacture and sale of gas appliances. Geographically, it derives a majority of its revenue is from Vietnam and also has a presence in Malaysia; America; Europe; Hong Kong; Thailand; Australia; Brazil and Other Countries.

Kein Hing International Bhd (XKLS:7199) Headlines

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