Ekovest Bhd (XKLS:8877) Total Inventories : RM208 Mil (As of Mar. 2024)

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What is Ekovest Bhd Total Inventories?

Ekovest Bhd's total inventories for the quarter that ended in Mar. 2024 was RM208 Mil. Ekovest Bhd's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was RM209 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ekovest Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-2.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ekovest Bhd's Days Inventory for the three months ended in Mar. 2024 was 113.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ekovest Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.81.

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. Ekovest Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.

Ekovest Bhd Total Inventories Historical Data

The historical data trend for Ekovest 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.

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Ekovest Bhd Total Inventories Chart

Ekovest Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Inventories

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346.84

332.86

344.48

324.71

217.32

Ekovest Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															232.83	217.32	214.96	209.64	208.29

Ekovest 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.

Ekovest Bhd (XKLS:8877) 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.

Ekovest Bhd's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(394.961	+	0.75 * 409.691	+	0.5 * 208.288	-	8572.309
-	0	-	528.318)	/	2965.411
=	-2.80

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

Ekovest Bhd's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	208.966	/	168.254	*	365 / 4
	=	113.33

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

Ekovest Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	168.254	/	208.966
	=	0.81

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.

Ekovest Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	208.966	/	306.462
	=	0.68

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.

Ekovest Bhd Total Inventories Related Terms

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Ekovest Bhd (XKLS:8877) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ekovest Bhd (XKLS:8877) » Definitions » Total Inventories

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Address

No. 118 Jalan Gombak, Ground Floor, Wisma Ekovest, Kuala Lumpur, SGR, MYS, 53000

Website

https://www.ekovest.com.my

Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units engaging in providing different products and services including Construction operations, Property development, Toll Operations, Plantation; Food and beverages; Property investment, and Others. The operations of the group are entirely carried out in Malaysia with the majority of the revenue generated from Construction operations.

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