Insas Bhd (XKLS:3379PA.PFD) Inventory Turnover : 0.77 (As of Dec. 2023)

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What is Insas 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. Insas Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM28.34 Mil. Insas Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM36.77 Mil. Insas Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Insas Bhd's Days Inventory for the three months ended in Dec. 2023 was 118.42.

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. Insas Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.61.

Insas Bhd Inventory Turnover Historical Data

The historical data trend for Insas 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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Insas Bhd Inventory Turnover Chart

Insas Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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5.63

4.59

5.76

4.31

4.39

Insas 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															1.65	1.40	0.68	0.67	0.77

Insas Bhd Inventory Turnover Calculation

Insas 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 )
=	131.46	/ (	(23.317	+	36.563)	/	2 )
=	131.46	/	29.94
=	4.39

Insas 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 )
=	28.335	/ (	(39.927	+	33.615)	/	2 )
=	28.335	/	36.771
=	0.77

Insas Bhd (XKLS:3379PA.PFD) 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.

Insas 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
	=	36.771	/	28.335	*	365 / 4
	=	118.42

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.

Insas 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 )
	=	36.771	/	60.469
	=	0.61

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.

Insas Bhd Inventory Turnover Related Terms

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Insas Bhd (XKLS:3379PA.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Insas Bhd (XKLS:3379PA.PFD) » Definitions » Inventory Turnover

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Traded in Other Exchanges

3379PB.PFD:Malaysia 3379:Malaysia

Address

The Gardens South Tower, Suite 23.02, Level 23, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, MYS, 59200

Website

https://www.insas.net

Insas Bhd is engaged in several business divisions, which include stockbroking, provisioning of corporate finance and advisory services and structured finance, investment holding and trading, Technology and IT-related services, manufacturing and distribution of consumer products and services, retail trading and car rental. It is also engaged in property investment and development. Geographically the company operates in Malaysia, Singapore and other countries, while it's Investment holding and trading segment earns the majority of revenue for the company.

Insas Bhd (XKLS:3379PA.PFD) Headlines

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