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K. Seng Seng Bhd (XKLS:5192) Inventory-to-Revenue : 0.71 (As of Mar. 2024)


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What is K. Seng Seng Bhd Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Mar. 2024 was RM68.8 Mil. K. Seng Seng Bhd's Revenue for the three months ended in Mar. 2024 was RM96.4 Mil. K. Seng Seng Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.71.

K. Seng Seng Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.82) to Dec. 2023 (0.71)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

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 three months 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.


K. Seng Seng Bhd Inventory-to-Revenue Historical Data

The historical data trend for K. Seng Seng Bhd's Inventory-to-Revenue 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.

* Premium members only.

K. Seng Seng Bhd Inventory-to-Revenue Chart

K. Seng Seng Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.53 0.41 0.39 0.31

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
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.84 1.63 1.30 0.82 0.71

Competitive Comparison of K. Seng Seng Bhd's Inventory-to-Revenue

For the Steel subindustry, K. Seng Seng Bhd's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


K. Seng Seng Bhd's Inventory-to-Revenue Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, K. Seng Seng Bhd's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where K. Seng Seng Bhd's Inventory-to-Revenue falls into.



K. Seng Seng Bhd Inventory-to-Revenue Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (80.971 + 71.392) / 2 ) / 246.51
=76.1815 / 246.51
=0.31

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

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (71.392 + 66.305) / 2 ) / 96.412
=68.8485 / 96.412
=0.71

* 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.


K. Seng Seng Bhd  (XKLS:5192) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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 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
=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 (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=85.674 / 68.8485
=1.24

* 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.


K. Seng Seng Bhd Inventory-to-Revenue Related Terms

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

Traded in Other Exchanges
N/A
Address
Lot 3707, Jalan 7/5, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
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.

K. Seng Seng Bhd (XKLS:5192) Headlines

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