Optimax Holdings Bhd (XKLS:0222) Total Inventories : RM7.0 Mil (As of Mar. 2024)

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What is Optimax Holdings Bhd Total Inventories?

Optimax Holdings Bhd's total inventories for the quarter that ended in Mar. 2024 was RM7.0 Mil. Optimax Holdings Bhd's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was RM6.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Optimax Holdings Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-0.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Optimax Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 94.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Optimax Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.96.

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. Optimax Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.21.

Optimax Holdings Bhd Total Inventories Historical Data

The historical data trend for Optimax 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.

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Optimax Holdings Bhd Total Inventories Chart

Optimax Holdings Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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1.81

2.22

3.07

4.29

5.05

Optimax Holdings Bhd Quarterly Data
	Mar19	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															4.74	5.33	4.36	5.05	7.01

Optimax 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.

Optimax Holdings Bhd (XKLS:0222) 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.

Optimax Holdings 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)
=	(13.657	+	0.75 * 0.992	+	0.5 * 7.006	-	64.729
-	0	-	4.555)	/	543.304
=	-0.09

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

Optimax Holdings 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
	=	6.0275	/	5.795	*	365 / 4
	=	94.91

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

Optimax Holdings 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 )
	=	5.795	/	6.0275
	=	0.96

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.

Optimax Holdings 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 )
	=	6.0275	/	28.215
	=	0.21

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.

Optimax Holdings Bhd Total Inventories Related Terms

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Optimax Holdings Bhd (XKLS:0222) Business Description

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Address

No. 145, Jalan Radin Bagus, 1st and 2nd Floor, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.optimax2u.com

Optimax Holdings Bhd is a provider of eye specialist services. It offers a range of services with in-house medical ophthalmology at specialist centres such as specialist clinics, ambulatory care centres, and specialist hospitals. The company's ambulatory care centres and specialist hospital are equipped with eye operation theatres, and procedure rooms, general and day care wards, and relevant equipment for surgical procedures. It derives revenue from refractive surgery, treatment of eye diseases and disorders, consultation and dispensary services, oculoplastic treatment, and related services.

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