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Minox International Group Bhd (XKLS:0288) Change In Inventory : RM-2.50 Mil (TTM As of Dec. 2023)


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What is Minox International Group Bhd Change In Inventory?

Minox International Group Bhd's change in inventory for the quarter that ended in Dec. 2023 was RM-2.50 Mil. It means Minox International Group Bhd's inventory increased by RM2.50 Mil from Dec. 2022 to Dec. 2023 .

Minox International Group Bhd's change in inventory for the fiscal year that ended in Dec. 2023 was RM-2.50 Mil. It means Minox International Group Bhd's inventory increased by RM2.50 Mil from Dec. 2022 to Dec. 2023 .

Minox International Group Bhd's Total Inventories for the quarter that ended in Dec. 2023 was RM27.02 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minox International Group Bhd's Days Inventory for the quarter that ended in Dec. 2023 was 212.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minox International Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.86.

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. Minox International Group Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.51.

Minox International Group Bhd Change In Inventory Historical Data

The historical data trend for Minox International Group 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.

Minox International Group Bhd Change In Inventory Chart

Minox International Group Bhd Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
-3.55 -1.81 0.54 -4.98 -2.50

Minox International Group Bhd Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory -3.55 -1.81 0.54 -4.98 -2.50

Minox International Group Bhd Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 was RM-2.50 Mil.

* 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.

Minox International Group Bhd  (XKLS:0288) Change In Inventory Explanation

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

Minox International Group 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
=25.3235/21.795*365 / 2
=212.05

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

Minox International Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=21.795 / 25.3235
=0.86

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.

Minox International Group Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=25.3235 / 49.216
=0.51

* 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.

Minox International Group Bhd Change In Inventory Related Terms

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Minox International Group Bhd (XKLS:0288) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Minox International Group Bhd (XKLS:0288) » Definitions » Change In Inventory
Comparable Companies
XKLS:5087 XKLS:0211 XKLS:9199 XKLS:7217 XKLS:3778 XKLS:9873 XKLS:5192 XKLS:9881 XKLS:5021 XKLS:5232 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
3, Jalan Industri PBP 11, Taman Industri Pusat Bandar Puchong, Puchong, SGR, MYS, 47100
Website
https://www.minox.biz
Minox International Group Bhd is principally an investment holding company. It is involved in the distribution of stainless steel sanitary valves, tubes & fittings, installation components & equipment, rubber hoses under its MINOX brand and other related products.

Minox International Group Bhd (XKLS:0288) Headlines

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