Hiap Huat Holdings Bhd (XKLS:0160) Change In Inventory : RM-4.85 Mil (TTM As of Dec. 2023)

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What is Hiap Huat Holdings Bhd Change In Inventory?

Hiap Huat Holdings Bhd's change in inventory for the quarter that ended in Dec. 2023 was RM-1.42 Mil. It means Hiap Huat Holdings Bhd's inventory increased by RM1.42 Mil from Sep. 2023 to Dec. 2023 .

Hiap Huat Holdings Bhd's change in inventory for the fiscal year that ended in Dec. 2023 was RM-4.85 Mil. It means Hiap Huat Holdings Bhd's inventory increased by RM4.85 Mil from Dec. 2022 to Dec. 2023 .

Hiap Huat Holdings Bhd's Total Inventories for the quarter that ended in Dec. 2023 was RM12.31 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hiap Huat Holdings Bhd's Days Inventory for the quarter that ended in Dec. 2023 was 56.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hiap Huat Holdings Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.61.

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. Hiap Huat Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.45.

Hiap Huat Holdings Bhd Change In Inventory Historical Data

The historical data trend for Hiap Huat Holdings Bhd's Change In Inventory 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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Hiap Huat Holdings Bhd Change In Inventory Chart

Hiap Huat Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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6.18

3.20

-2.16

-0.52

-4.85

Hiap Huat Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.50	1.73	-0.85	-4.31	-1.42

Hiap Huat Holdings Bhd Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-4.85 Mil.

Hiap Huat Holdings Bhd (XKLS:0160) Change In Inventory Explanation

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

Hiap Huat Holdings Bhd's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	11.6625	/	18.742	*	365 / 4
	=	56.78

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

Hiap Huat Holdings Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18.742	/	11.6625
	=	1.61

3. 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.

Hiap Huat Holdings Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.6625	/	25.771
	=	0.45

Hiap Huat Holdings Bhd Change In Inventory Related Terms

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Hiap Huat Holdings Bhd (XKLS:0160) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hiap Huat Holdings Bhd (XKLS:0160) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Jalan Sungai Pinang 5/3, Lot 102521, Fasa 2, Kawasan Perindustrian Pulau Indah, Pulau Indah, SGR, MYS, 42920

Website

https://www.hiaphuat.com

Hiap Huat Holdings Bhd through its subsidiaries is engaged in manufacturing, recycling, and refining petroleum-based products. The company is involved in various industries, such as scheduled waste management, oil and gas, petrochemicals, and laboratory services. Geographically, it derives maximum revenue from Malaysia and also has a presence in Singapore, Italy, Hong Kong, and Vietnam. Its products include Fuel Oil, Base Oil, Petrochemicals, Lubricants, Grease, Paint, and Container.

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