K. Seng Seng Bhd (XKLS:5192) Change In Inventory : RM15.7 Mil (TTM As of Mar. 2024)

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What is K. Seng Seng Bhd Change In Inventory?

K. Seng Seng Bhd's change in inventory for the quarter that ended in Mar. 2024 was RM4.9 Mil. It means K. Seng Seng Bhd's inventory declined by RM4.9 Mil from Dec. 2023 to Mar. 2024 .

K. Seng Seng Bhd's change in inventory for the fiscal year that ended in Dec. 2023 was RM18.3 Mil. It means K. Seng Seng Bhd's inventory declined by RM18.3 Mil from Dec. 2022 to Dec. 2023 .

K. Seng Seng Bhd's Total Inventories for the quarter that ended in Mar. 2024 was RM66.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. K. Seng Seng Bhd's Days Inventory for the quarter that ended in Mar. 2024 was 73.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. K. Seng Seng Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.24.

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. K. Seng Seng Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.71.

K. Seng Seng Bhd Change In Inventory Historical Data

The historical data trend for K. Seng Seng 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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K. Seng Seng Bhd Change In Inventory Chart

K. Seng Seng Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-5.74

2.94

-18.12

-9.59

18.28

K. Seng Seng Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															7.43	-3.70	0.95	13.60	4.88

K. Seng Seng 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM15.7 Mil.

K. Seng Seng Bhd (XKLS:5192) Change In Inventory Explanation

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

K. Seng Seng 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
	=	68.8485	/	85.674	*	365 / 4
	=	73.33

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

K. Seng Seng Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	85.674	/	68.8485
	=	1.24

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.

K. Seng Seng Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	68.8485	/	96.412
	=	0.71

K. Seng Seng Bhd Change In Inventory Related Terms

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K. Seng Seng Bhd (XKLS:5192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » K. Seng Seng Corp Bhd (XKLS:5192) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Lot 3707, Jalan 7/5, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300

Website

https://www.kssc.com.my

K. Seng Seng Corp Bhd is an investment holding company. It operates through the segments of Stainless steel and metal-related products; Marine hardware and consumables, Other industrial hardware, Investment holding, and Engineering works. The group has a business presence in Malaysia and other countries. The key revenue is derived from the Stainless Steel and metal-related products segment which involves the manufacture and sales of stainless steel tubes and pipes; and the processing of stainless steel sheets products.

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