Kretam Holdings Bhd (XKLS:1996) Inventory Turnover : 1.04 (As of Mar. 2024)

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What is Kretam Holdings Bhd Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Kretam Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM158.1 Mil. Kretam Holdings Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM152.3 Mil. Kretam Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kretam Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 87.90.

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. Kretam Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.87.

Kretam Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Kretam Holdings Bhd's Inventory Turnover 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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Kretam Holdings Bhd Inventory Turnover Chart

Kretam Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.49

3.42

3.81

3.90

4.05

Kretam Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.79	1.02	0.81	1.16	1.04

Kretam Holdings Bhd Inventory Turnover Calculation

Kretam Holdings Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	674.728	/ (	(176.278	+	157.127)	/	2 )
=	674.728	/	166.7025
=	4.05

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	158.104	/ (	(157.127	+	147.456)	/	2 )
=	158.104	/	152.2915
=	1.04

Kretam Holdings Bhd (XKLS:1996) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Kretam Holdings 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
	=	152.2915	/	158.104	*	365 / 4
	=	87.90

2. 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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	152.2915	/	176.019
	=	0.87

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Kretam Holdings Bhd Inventory Turnover Related Terms

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Kretam Holdings Bhd (XKLS:1996) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kretam Holdings Bhd (XKLS:1996) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 6, Block 44, Leboh Tiga, Sandakan, SBH, MYS, 90000

Website

https://www.kretam.com

Kretam Holdings Bhd is a Sabah-based medium-sized oil palm plantation company. The company operates through two segments namely Plantation and mills and Refinery. Its Plantation and mill segment is involved in the business of cultivation and sale of oil palm products. The Refinery segment which generates majority revenue engages in refining crude palm oil and producing biofuels. Majority of revenue is generated from refinery segment. The company's geographical area of operations includes Malaysia, Singapore, China, India, Italy, Spain, Germany and Netherlands.

Kretam Holdings Bhd (XKLS:1996) Headlines

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