Genting Malaysia Bhd (XKLS:4715) Inventory Turnover : 11.36 (As of Dec. 2023)

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What is Genting Malaysia Bhd Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Genting Malaysia Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM1,998 Mil. Genting Malaysia Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM176 Mil. Genting Malaysia Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Genting Malaysia Bhd's Days Inventory for the three months ended in Dec. 2023 was 8.03.

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. Genting Malaysia Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Genting Malaysia Bhd Inventory Turnover Historical Data

The historical data trend for Genting Malaysia Bhd's Inventory Turnover 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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Genting Malaysia Bhd Inventory Turnover Chart

Genting Malaysia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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68.27

37.84

32.27

47.67

46.26

Genting Malaysia Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															12.75	11.37	11.64	11.96	11.36

Genting Malaysia Bhd Inventory Turnover Calculation

Genting Malaysia Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	7625.6	/ (	(150.6	+	179.1)	/	2 )
=	7625.6	/	164.85
=	46.26

Genting Malaysia Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	1998.179	/ (	(172.715	+	179.1)	/	2 )
=	1998.179	/	175.9075
=	11.36

Genting Malaysia Bhd (XKLS:4715) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Genting Malaysia 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
	=	175.9075	/	1998.179	*	365 / 4
	=	8.03

2. 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.

Genting Malaysia 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 )
	=	175.9075	/	2721.558
	=	0.06

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Genting Malaysia Bhd Inventory Turnover Related Terms

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Genting Malaysia Bhd (XKLS:4715) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Genting Malaysia Bhd (XKLS:4715) » Definitions » Inventory Turnover

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Traded in Other Exchanges

GMALY:USA

Address

Wisma Genting, Jalan Sultan Ismail, 23rd Floor, Kuala Lumpur, MYS, 50250

Website

https://www.gentingmalaysia.com

Genting Malaysia Bhd is a resort and casino company and is a subsidiary of the holdings company Genting. The company has two primary business segments: Leisure & Hospitality and Properties. The Leisure & Hospitality segment operates numerous resorts, many of which include casinos, theme parks, concerts, restaurants, and retail shopping locations. The flagship resort operates five hotels, an amusement park, and entertainment venues. The Properties segment controls and leases real estate. The company generates the vast majority of its revenue in Malaysia.

Genting Malaysia Bhd (XKLS:4715) Headlines

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