Quality Concrete Holdings Bhd (XKLS:7544) Change In Inventory : RM4.8 Mil (TTM As of Oct. 2023)

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What is Quality Concrete Holdings Bhd Change In Inventory?

Quality Concrete Holdings Bhd's change in inventory for the quarter that ended in Oct. 2023 was RM1.3 Mil. It means Quality Concrete Holdings Bhd's inventory declined by RM1.3 Mil from Jul. 2023 to Oct. 2023 .

Quality Concrete Holdings Bhd's change in inventory for the fiscal year that ended in Jan. 2023 was RM-0.9 Mil. It means Quality Concrete Holdings Bhd's inventory increased by RM0.9 Mil from Jan. 2022 to Jan. 2023 .

Quality Concrete Holdings Bhd's Total Inventories for the quarter that ended in Oct. 2023 was RM22.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Quality Concrete Holdings Bhd's Days Inventory for the quarter that ended in Oct. 2023 was 45.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quality Concrete Holdings Bhd's Inventory Turnover for the quarter that ended in Oct. 2023 was 1.99.

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. Quality Concrete Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.45.

Quality Concrete Holdings Bhd Change In Inventory Historical Data

The historical data trend for Quality Concrete 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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Quality Concrete Holdings Bhd Change In Inventory Chart

Quality Concrete Holdings Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Change In Inventory

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-0.38

3.04

-3.96

8.91

-0.91

Quality Concrete Holdings Bhd Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Change In Inventory	Get a 7-Day Free Trial															-1.19	0.03	0.13	3.36	1.32

Quality Concrete 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM4.8 Mil.

Quality Concrete Holdings Bhd (XKLS:7544) Change In Inventory Explanation

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

Quality Concrete 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
	=	23.4255	/	46.591	*	365 / 4
	=	45.88

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

Quality Concrete Holdings Bhd's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	46.591	/	23.4255
	=	1.99

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.

Quality Concrete Holdings Bhd's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	23.4255	/	52.422
	=	0.45

Quality Concrete Holdings Bhd Change In Inventory Related Terms

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Quality Concrete Holdings Bhd (XKLS:7544) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Quality Concrete Holdings Bhd (XKLS:7544) » Definitions » Change In Inventory

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Address

Jalan Tunku Abdul Rahman, Room 209, 2nd Floor, Wisma Bukit Mata Kuching, Kuching, SWK, MYS, 93100

Website

https://www.qchb.com.my

Quality Concrete Holdings Bhd is engaged in the manufacturing of concrete. The company's segment includes Property development, construction and road maintenance, Manufacturing, Trading, Quarry operations, and Investment and management services. It generates maximum revenue from the Property development, construction and road maintenance segment.

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