Luster Industries Bhd (XKLS:5068) Inventory Turnover : 0.15 (As of Mar. 2024)

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What is Luster Industries 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. Luster Industries Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM29.9 Mil. Luster Industries Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM193.9 Mil. Luster Industries Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Luster Industries Bhd's Days Inventory for the three months ended in Mar. 2024 was 591.35.

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. Luster Industries Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.39.

Luster Industries Bhd Inventory Turnover Historical Data

The historical data trend for Luster Industries 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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Luster Industries Bhd Inventory Turnover Chart

Luster Industries Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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3.48

2.67

1.20

0.80

0.62

Luster Industries 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															0.17	0.17	0.15	0.13	0.15

Luster Industries Bhd Inventory Turnover Calculation

Luster Industries 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 )
=	118.874	/ (	(191.828	+	192.919)	/	2 )
=	118.874	/	192.3735
=	0.62

Luster Industries 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 )
=	29.92	/ (	(192.919	+	194.878)	/	2 )
=	29.92	/	193.8985
=	0.15

Luster Industries Bhd (XKLS:5068) 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.

Luster Industries 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
	=	193.8985	/	29.92	*	365 / 4
	=	591.35

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.

Luster Industries 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 )
	=	193.8985	/	35.985
	=	5.39

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.

Luster Industries Bhd Inventory Turnover Related Terms

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Luster Industries Bhd (XKLS:5068) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luster Industries Bhd (XKLS:5068) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 36 & 37, Jalan PKNK Utama, Kawasan Perusahaan Sungai Petani, Sungai Petani, KDH, MYS, 08000

Website

http://www.lustergroup.com

Luster Industries Bhd is an investment holding company. The company along with its subsidiaries is engaged in Manufacturing of precision plastic parts, sub-assembly, die-casting components and precision engineering works; Construction and property development; Gaming and leisure; Glove manufacturing and EPCC Contract; and Others, which consist of investment holding and inactive companies. The company earns most of its revenue from precision plastic parts, sub-assembly, die-casting components and precision engineering works also majority from malaysian region.

Luster Industries Bhd (XKLS:5068) Headlines

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