Ocean Vantage Holdings Bhd (XKLS:0220) Change In Inventory : RM-0.0 Mil (TTM As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ocean Vantage Holdings Bhd Change In Inventory?

Ocean Vantage Holdings Bhd's change in inventory for the quarter that ended in Dec. 2024 was RM-0.0 Mil. It means Ocean Vantage Holdings Bhd's inventory increased by RM0.0 Mil from Sep. 2024 to Dec. 2024 .

Ocean Vantage Holdings Bhd's change in inventory for the fiscal year that ended in Dec. 2024 was RM-0.0 Mil. It means Ocean Vantage Holdings Bhd's inventory increased by RM0.0 Mil from Dec. 2023 to Dec. 2024 .

Ocean Vantage Holdings Bhd's Total Inventories for the quarter that ended in Dec. 2024 was RM0.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ocean Vantage Holdings Bhd's Days Inventory for the quarter that ended in Dec. 2024 was 1.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ocean Vantage Holdings Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 84.28.

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. Ocean Vantage Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.01.

Ocean Vantage Holdings Bhd Change In Inventory Historical Data

The historical data trend for Ocean Vantage 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.

* Premium members only.

Ocean Vantage Holdings Bhd Change In Inventory Chart

Ocean Vantage Holdings Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

Get a 7-Day Free Trial

-0.16

-0.09

0.06

-0.03

Ocean Vantage Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															0.22	-0.14	0.03	0.12	-0.04

Ocean Vantage 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.0 Mil.

Ocean Vantage Holdings Bhd (XKLS:0220) Change In Inventory Explanation

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

Ocean Vantage 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
	=	0.3395	/	28.614	*	365 / 4
	=	1.08

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

Ocean Vantage Holdings Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.614	/	0.3395
	=	84.28

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.

Ocean Vantage Holdings Bhd's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.3395	/	36.519
	=	0.01

Ocean Vantage Holdings Bhd Change In Inventory Related Terms

Thank you for viewing the detailed overview of Ocean Vantage Holdings Bhd's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Ocean Vantage Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ocean Vantage Holdings Bhd (XKLS:0220) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kuala Baram Land District, 1st & 2nd Floor, Block 11, Lot 6073 and 6074, Jalan Tudan, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000

Website

https://www.ovbhd.com

Ocean Vantage Holdings Bhd is engaged in the provision of support services for the oil and gas industry where it supports both the upstream and downstream oil and gas activities. The company operates through four segments: Engineering, procurement, and construction (EPC) and Project management, Supply of manpower, Supply of materials, tools and equipment, and Drilling rig charter. It generates the majority of its revenue from the Engineering, procurement, and construction (EPC) and Project management segment. The company's services include Equipment Rental, Repair and Maintenance; Overhaul, Inspection, Repair & Maintenance; Structural, Piping Replacement; Process Design and Installation, and others.

Ocean Vantage Holdings Bhd Headlines

No Headlines