Southern Acids (M) Bhd (XKLS:5134) Inventory Turnover : 2.43 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Southern Acids (M) 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. Southern Acids (M) Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM208.7 Mil. Southern Acids (M) Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM85.8 Mil. Southern Acids (M) Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southern Acids (M) Bhd's Days Inventory for the three months ended in Dec. 2023 was 37.50.

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 Acids (M) Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.37.

Southern Acids (M) Bhd Inventory Turnover Historical Data

The historical data trend for Southern Acids (M) 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.

* Premium members only.

Southern Acids (M) Bhd Inventory Turnover Chart

Southern Acids (M) Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

Get a 7-Day Free Trial

5.93

6.85

7.00

8.82

8.32

Southern Acids (M) Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.04	1.27	1.99	2.40	2.43

Southern Acids (M) Bhd Inventory Turnover Calculation

Southern Acids (M) Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	861.797	/ (	(116.052	+	91.211)	/	2 )
=	861.797	/	103.6315
=	8.32

Southern Acids (M) Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	208.74	/ (	(79.139	+	92.447)	/	2 )
=	208.74	/	85.793
=	2.43

Southern Acids (M) Bhd (XKLS:5134) 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.

Southern Acids (M) Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	85.793	/	208.74	*	365 / 4
	=	37.50

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.

Southern Acids (M) Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	85.793	/	232.576
	=	0.37

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.

Southern Acids (M) Bhd Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Southern Acids (M) Bhd's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Southern Acids (M) Bhd (XKLS:5134) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Southern Acids (M) Bhd (XKLS:5134) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300

Website

http://www.southernacids.com

Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.

Southern Acids (M) Bhd (XKLS:5134) Headlines

No Headlines