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Canadian Medical Center Co (SAU:9518) Total Inventories : ﷼4.1 Mil (As of Dec. 2023)


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What is Canadian Medical Center Co Total Inventories?

Canadian Medical Center Co's total inventories for the quarter that ended in Dec. 2023 was ﷼4.1 Mil. Canadian Medical Center Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was ﷼4.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Canadian Medical Center Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ﷼0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canadian Medical Center Co's Days Inventory for the six months ended in Dec. 2023 was 22.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian Medical Center Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.05.

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. Canadian Medical Center Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.


Canadian Medical Center Co Total Inventories Historical Data

The historical data trend for Canadian Medical Center Co'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.

Canadian Medical Center Co Total Inventories Chart

Canadian Medical Center Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Inventories
0.20 1.92 4.57 4.13

Canadian Medical Center Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial 1.92 2.55 4.57 5.25 4.13

Canadian Medical Center Co 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.


Canadian Medical Center Co  (SAU:9518) 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.

Canadian Medical Center Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(53.361+0.75 * 34.935+0.5 * 4.133-20.424
-0-0)/77
=0.79

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

Canadian Medical Center Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=4.693/37.796*365 / 2
=22.66

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

Canadian Medical Center Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=37.796 / 4.693
=8.05

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.

Canadian Medical Center Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=4.693 / 55.125
=0.09

* 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.


Canadian Medical Center Co Total Inventories Related Terms

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Canadian Medical Center Co (SAU:9518) Business Description

Traded in Other Exchanges
N/A
Address
Al Khobar - Abqaiq, Dammam, SAU
Canadian Medical Center Co is engaged in providing medical services. Activities of the company are management of hospitals and health centers and trade in hospital tools and equipment and ambulances. It has one sector which is the activity of medical services, and geographically only operates in the Kingdom of Saudi Arabia.

Canadian Medical Center Co (SAU:9518) Headlines

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