Sarawak Consolidated Industries Bhd (XKLS:9237) Inventory Turnover : 1.39 (As of Dec. 2023)

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What is Sarawak Consolidated 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. Sarawak Consolidated Industries Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM29.1 Mil. Sarawak Consolidated Industries Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM21.0 Mil. Sarawak Consolidated Industries Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sarawak Consolidated Industries Bhd's Days Inventory for the three months ended in Dec. 2023 was 65.88.

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. Sarawak Consolidated Industries Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.55.

Sarawak Consolidated Industries Bhd Inventory Turnover Historical Data

The historical data trend for Sarawak Consolidated 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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Sarawak Consolidated Industries Bhd Inventory Turnover Chart

Sarawak Consolidated Industries Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Jun21

Jun22

Jun23

Inventory Turnover

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2.87

2.98

4.53

4.75

4.90

Sarawak Consolidated Industries Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.55	1.36	1.27	1.47	1.39

Sarawak Consolidated Industries Bhd Inventory Turnover Calculation

Sarawak Consolidated Industries Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	110.042	/ (	(22.169	+	22.736)	/	2 )
=	110.042	/	22.4525
=	4.90

Sarawak Consolidated Industries 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 )
=	29.063	/ (	(20.1	+	21.868)	/	2 )
=	29.063	/	20.984
=	1.39

Sarawak Consolidated Industries Bhd (XKLS:9237) 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.

Sarawak Consolidated Industries 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
	=	20.984	/	29.063	*	365 / 4
	=	65.88

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.

Sarawak Consolidated Industries 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 )
	=	20.984	/	38.089
	=	0.55

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.

Sarawak Consolidated Industries Bhd Inventory Turnover Related Terms

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Sarawak Consolidated Industries Bhd (XKLS:9237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Sarawak Consolidated Industries Bhd (XKLS:9237) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

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Address

Lot 1258, Jalan Utama, Pending Industrial Estate, Kuching, SWK, MYS, 93450

Website

https://www.scib.com.my

Sarawak Consolidated Industries Bhd is an investment holding company. The company's business segments are manufacturing, property trading, Corporate and Construction/EPCC/Project Management Segment. It generates maximum revenue from the Manufacturing segment. Manufacturing Segment involved in the manufacturing and sale of precast concrete pipes, prestressed spun concrete piles and other related concrete products as well as the manufacturing, supplying and installations of prefabricated Lightweight Systems products. Geographically it derives majority of revenue from Malaysia and also in presence in Indonesia, Oman and Qatar.

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