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. Southern Steel Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM372 Mil. Southern Steel Bhd's Revenue for the
three
months ended in Mar. 2024 was RM552 Mil.
Southern Steel Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.68.
Southern Steel Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.67) to Dec. 2023 (0.68)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Southern Steel Bhd's Days Inventory for the
three
months ended in Mar. 2024 was 65.85.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Southern Steel Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.39.
Southern Steel Bhd Inventory-to-Revenue Historical Data
The historical data trend for Southern Steel 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.
Competitive Comparison of Southern Steel Bhd's Inventory-to-Revenue
For the Steel subindustry, Southern Steel 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.
Southern Steel Bhd's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Southern Steel Bhd's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Southern Steel Bhd's Inventory-to-Revenue falls into.
Southern Steel 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.
Southern Steel Bhd's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Southern Steel Bhd (XKLS:5665) 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.
Southern Steel Bhd's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Southern Steel Bhd Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Southern Steel Bhd's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Southern Steel Bhd (XKLS:5665) Business Description
Southern Steel Bhd is an investment holding company. The company's operating segment includes Steel products and Investment holding and others and Hot rolled coil operations. Its Steel products segment includes manufacturing, sale, and trading in billets, steel bars, wire rods, wire mesh, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products. Geographically, the group has its business in the regions of Malaysia, Taiwan, Papua New Guinea , Philippines, Bangladesh, Japan, Singapore, Indonesia, the United States of America, Australian and others of which majority of the revenue is derived from the Malaysia region.
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