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Tek Seng Holdings Bhd (XKLS:7200) Total Inventories : RM37.7 Mil (As of Sep. 2024)


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What is Tek Seng Holdings Bhd Total Inventories?

Tek Seng Holdings Bhd's total inventories for the quarter that ended in Sep. 2024 was RM37.7 Mil. Tek Seng Holdings Bhd's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was RM35.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Tek Seng Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was RM-0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tek Seng Holdings Bhd's Days Inventory for the three months ended in Sep. 2024 was 121.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tek Seng Holdings Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.75.

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. Tek Seng Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.01.


Tek Seng Holdings Bhd Total Inventories Historical Data

The historical data trend for Tek Seng 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.

Tek Seng Holdings Bhd Total Inventories Chart

Tek Seng Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.97 29.07 31.06 35.27 31.75

Tek Seng Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 31.27 31.75 27.27 32.84 37.70

Tek Seng 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.


Tek Seng Holdings Bhd  (XKLS:7200) 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.

Tek Seng Holdings Bhd's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(28.949+0.75 * 17.59+0.5 * 37.698-46.995
-0-42.54)/360.668
=-0.08

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

Tek Seng Holdings Bhd's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=35.267/26.381*365 / 4
=121.99

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

Tek Seng Holdings Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=26.381 / 35.267
=0.75

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.

Tek Seng Holdings Bhd's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=35.267 / 34.861
=1.01

* 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.


Tek Seng Holdings Bhd Total Inventories Related Terms

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Tek Seng Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Plot 159, MK13, Jalan Perindustrian Bukit Minyak 7, Bukit Minyak Industrial Park, Bukit Mertajam, PNG, MYS, 14000
Tek Seng Holdings Bhd is an investment holding company. It operates through three segments: polyvinyl chloride (PVC) segment, Photovoltaic Solar segment, and Renting of Properties segment. The PVC segment is engaged in the manufacturing and trading of PVC sheeting, PolyPropylene (PP) Non-Woven, PVC leather-related products for industrial and consumer use. Whereas the Solar segment is engaged in the Trading of Solar Cell products and generating and supplying renewable energy. The Renting of Properties segment is engaged in rental income from investment properties. The majority of revenue is from the PVC segment. Geographically, the majority is from Malaysia.

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