Kamdar Group (M) Bhd (XKLS:8672) Inventory Turnover : 0.10 (As of Dec. 2023)

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What is Kamdar Group (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. Kamdar Group (M) Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM8.45 Mil. Kamdar Group (M) Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM82.07 Mil. Kamdar Group (M) Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kamdar Group (M) Bhd's Days Inventory for the three months ended in Dec. 2023 was 885.98.

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. Kamdar Group (M) Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 5.53.

Kamdar Group (M) Bhd Inventory Turnover Historical Data

The historical data trend for Kamdar Group (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.

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Kamdar Group (M) Bhd Inventory Turnover Chart

Kamdar Group (M) Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Jun22

Jun23

Inventory Turnover

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0.78

0.53

0.52

0.35

0.49

Kamdar Group (M) Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.12	0.14	0.13	0.08	0.10

Kamdar Group (M) Bhd Inventory Turnover Calculation

Kamdar Group (M) 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 )
=	40.496	/ (	(84.788	+	81.723)	/	2 )
=	40.496	/	83.2555
=	0.49

Kamdar Group (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 )
=	8.453	/ (	(82.633	+	81.514)	/	2 )
=	8.453	/	82.0735
=	0.10

Kamdar Group (M) Bhd (XKLS:8672) 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.

Kamdar Group (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
	=	82.0735	/	8.453	*	365 / 4
	=	885.98

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.

Kamdar Group (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 )
	=	82.0735	/	14.842
	=	5.53

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.

Kamdar Group (M) Bhd Inventory Turnover Related Terms

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Kamdar Group (M) Bhd (XKLS:8672) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kamdar Group (M) Bhd (XKLS:8672) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

113, Jalan Tuanku Abdul Rahman, Kuala Lumpur, SGR, MYS, 50100

Website

https://www.kamdar.com.my

Kamdar Group (M) Bhd is a supplier and retailer of fashion fabrics, home textiles, apparel, and garments. It is organized into two business units, Textile and Investment, and Management segment. The Textile segment is engaged in retailing textile and textile-based products within the retailing industry. The Investment and Management segment is engaged in investment holding and providing management services. The company's activities are conducted principally in Malaysia. It derives a majority of the revenue from the Textile segment.

Kamdar Group (M) Bhd (XKLS:8672) Headlines

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