Mestron Holdings Bhd (XKLS:0207) Change In Inventory : RM-9.6 Mil (TTM As of Mar. 2024)

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What is Mestron Holdings Bhd Change In Inventory?

Mestron Holdings Bhd's change in inventory for the quarter that ended in Mar. 2024 was RM0.3 Mil. It means Mestron Holdings Bhd's inventory declined by RM0.3 Mil from Dec. 2023 to Mar. 2024 .

Mestron Holdings Bhd's change in inventory for the fiscal year that ended in Dec. 2023 was RM-7.3 Mil. It means Mestron Holdings Bhd's inventory increased by RM7.3 Mil from Dec. 2022 to Dec. 2023 .

Mestron Holdings Bhd's Total Inventories for the quarter that ended in Mar. 2024 was RM29.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mestron Holdings Bhd's Days Inventory for the quarter that ended in Mar. 2024 was 119.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mestron Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.76.

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. Mestron Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.98.

Mestron Holdings Bhd Change In Inventory Historical Data

The historical data trend for Mestron Holdings Bhd's Change In Inventory 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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Mestron Holdings Bhd Change In Inventory Chart

Mestron Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.79

-4.29

-0.98

-6.21

-7.34

Mestron Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															2.59	-3.67	-1.82	-4.44	0.29

Mestron Holdings Bhd Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-9.6 Mil.

Mestron Holdings Bhd (XKLS:0207) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Mestron Holdings Bhd's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	29.163	/	22.292	*	365 / 4
	=	119.38

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mestron Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.292	/	29.163
	=	0.76

3. 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.

Mestron Holdings Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	29.163	/	29.791
	=	0.98

Mestron Holdings Bhd Change In Inventory Related Terms

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Mestron Holdings Bhd (XKLS:0207) Business Description

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Address

PT 50102, Jalan MU 1/9 Seksyen 10, Taman Perindustrian Meranti Utama, Puchong, SGR, MYS, 47120

Website

https://www.mestron.com.my

Mestron Holdings Bhd is engaged in the steel pole business. It offers various pole product such as Standard Street Light Pole, Decorative Street Light Pole, Telecommunication Monopole, High Mast Pole, Camera Pole, Traffic Pole, Mid-Hinge Collapsible Pole, Oil & Gas and Mining Light Poles. The company's segments include Manufacturing that manufactures steel poles comprising standard street lighting poles, decorative light poles and specialty poles; and Trading that trades outdoor lighting products, Renewable energy and Property development . Majority of the revenue is derived from Manufacturing segment.

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