Rimbunanwit Bhd (XKLS:5113) Inventory Turnover : 4.34 (As of Sep. 2023)

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What is Rimbunanwit 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. Rimbunanwit Bhd's Cost of Goods Sold for the three months ended in Sep. 2023 was RM121.0 Mil. Rimbunanwit Bhd's Average Total Inventories for the quarter that ended in Sep. 2023 was RM27.9 Mil. Rimbunanwit Bhd's Inventory Turnover for the quarter that ended in Sep. 2023 was 4.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rimbunanwit Bhd's Days Inventory for the three months ended in Sep. 2023 was 21.04.

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. Rimbunanwit Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.20.

Rimbunanwit Bhd Inventory Turnover Historical Data

The historical data trend for Rimbunanwit 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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Rimbunanwit Bhd Inventory Turnover Chart

Rimbunanwit Bhd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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18.39

16.45

17.89

20.52

20.17

Rimbunanwit Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															4.65	4.44	3.51	4.03	4.34

Rimbunanwit Bhd Inventory Turnover Calculation

Rimbunanwit Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	614.901	/ (	(25.89	+	35.081)	/	2 )
=	614.901	/	30.4855
=	20.17

Rimbunanwit Bhd's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	120.972	/ (	(25.61	+	30.173)	/	2 )
=	120.972	/	27.8915
=	4.34

Rimbunanwit Bhd (XKLS:5113) 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.

Rimbunanwit Bhd's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	27.8915	/	120.972	*	365 / 4
	=	21.04

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.

Rimbunanwit Bhd's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	27.8915	/	141.341
	=	0.20

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.

Rimbunanwit Bhd Inventory Turnover Related Terms

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Rimbunanwit Bhd (XKLS:5113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rimbunan Sawit Bhd (XKLS:5113) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Upper Lanang, 101, North Wing, Pusat Suria Permata, Menara Rimbunan Hijau, Sibu, SWK, MYS, 96000

Website

http://www.rsb.com.my

Rimbunan Sawit Bhd is engaged in providing farm products. The company is involved in the cultivation of oil palm and the operation of palm oil mills. It also focuses on providing management services. The company is also an investment holding company. It receives revenue from the sale of crude palm oil, fresh fruit bunches, palm kernel, palm kernel shell, empty bunch ash, empty fruit bunch, sludge oil, and seedlings. The company operates in one geographical segment which is Malaysia.

Rimbunanwit Bhd (XKLS:5113) Headlines

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