Saudee Group Bhd (XKLS:5157) Inventory Turnover : 0.92 (As of Jan. 2024)

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What is Saudee Group 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. Saudee Group Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM18.65 Mil. Saudee Group Bhd's Average Total Inventories for the quarter that ended in Jan. 2024 was RM20.23 Mil. Saudee Group Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saudee Group Bhd's Days Inventory for the three months ended in Jan. 2024 was 98.95.

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. Saudee Group Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.92.

Saudee Group Bhd Inventory Turnover Historical Data

The historical data trend for Saudee Group 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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Saudee Group Bhd Inventory Turnover Chart

Saudee Group Bhd Annual Data

Trend

May13

May14

May15

May16

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

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2.13

4.23

6.52

5.82

4.79

Saudee Group Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															1.33	1.23	1.23	0.95	0.92

Saudee Group Bhd Inventory Turnover Calculation

Saudee Group Bhd's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	82.289	/ (	(15.924	+	18.461)	/	2 )
=	82.289	/	17.1925
=	4.79

Saudee Group Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	18.653	/ (	(19.335	+	21.117)	/	2 )
=	18.653	/	20.226
=	0.92

Saudee Group Bhd (XKLS:5157) 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.

Saudee Group Bhd's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	20.226	/	18.653	*	365 / 4
	=	98.95

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.

Saudee Group Bhd's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	20.226	/	22.02
	=	0.92

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.

Saudee Group Bhd Inventory Turnover Related Terms

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Saudee Group Bhd (XKLS:5157) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Saudee Group Bhd (XKLS:5157) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taman Perindustrian Sungai Petani Phase III, Plot 331, Sungai Petani, KDH, MYS, 08000

Website

https://www.saudee.com

Saudee Group Bhd is an investment holding company, which is engaged in the production, distribution, and marketing of fresh and frozen foods, processed poultry, beef products, and bakery products. Geographically, it derives a majority of its revenue from Malaysia. Its product portfolio includes Saudee Gold; Nuggets; Fried Chicken; Sausages; Balls; Burgers and Farm's Gold.

Saudee Group Bhd (XKLS:5157) Headlines

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