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Careplus Group Bhd (XKLS:0163) Total Inventories : RM15.50 Mil (As of Dec. 2023)


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What is Careplus Group Bhd Total Inventories?

Careplus Group Bhd's total inventories for the quarter that ended in Dec. 2023 was RM15.50 Mil. Careplus Group Bhd's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was RM13.65 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Careplus Group Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was RM-0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Careplus Group Bhd's Days Inventory for the three months ended in Dec. 2023 was 47.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Careplus Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.92.

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. Careplus Group Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.64.


Careplus Group Bhd Total Inventories Historical Data

The historical data trend for Careplus Group 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.

Careplus Group Bhd Total Inventories Chart

Careplus Group Bhd Annual Data
Trend Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.51 37.48 41.90 45.44 53.85

Careplus Group Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23
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 30.31 18.53 11.49 11.81 15.50

Careplus Group 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.


Careplus Group Bhd  (XKLS:0163) 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.

Careplus Group Bhd'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)
=(57.905+0.75 * 8.367+0.5 * 15.5-91.784
-0--0.221)/594.57
=-0.03

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

Careplus Group Bhd's Days Inventory for the three 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
=13.654/26.201*365 / 4
=47.55

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

Careplus Group Bhd'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 )
=26.201 / 13.654
=1.92

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.

Careplus Group Bhd'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 )
=13.654 / 21.483
=0.64

* 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.


Careplus Group Bhd Total Inventories Related Terms

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Careplus Group Bhd (XKLS:0163) Business Description

Traded in Other Exchanges
N/A
Address
Lot 17479, Lorong Senawang 3/2, Off Jalan Senawang 3, Senawang Industrial Estate, Seremban, NSN, MYS, 70450
Careplus Group Bhd is involved in the manufacturing, processing, and trading of gloves. The company's product consists of Latex exam gloves, Latex surgical gloves and Nitrile exam gloves. Its Latex exam gloves are used in the medical examinations and procedures, diagnostic procedures by the dentist, laboratory practices and for food handling practices. The Nitrile exam gloves are generally used in laboratory practices and the automotive industry. Geographically, it has operations in Central, North and South America, Malaysia, and the other Asia Pacific regions. It generates a vast majority of revenues from Other Asia Pacific and South America.

Careplus Group Bhd (XKLS:0163) Headlines

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