Go Innovate Asia Bhd (XKLS:03028) Change In Inventory: RM-10 Mil (TTM As of Jun. 2025)

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What is Go Innovate Asia Bhd Change In Inventory?

Go Innovate Asia Bhd XKLS:03028 Change In Inventory is RM-10 Mil as of Jun. 2025. The stock has 3 warning signs investors should review.

Go Innovate Asia Bhd's change in inventory for the quarter that ended in Jun. 2025 was RM-30 Mil. It means Go Innovate Asia Bhd's inventory increased by RM30 Mil from Dec. 2024 to Jun. 2025 .

Go Innovate Asia Bhd's change in inventory for the fiscal year that ended in Dec. 2024 was RM-9 Mil. It means Go Innovate Asia Bhd's inventory increased by RM9 Mil from Dec. 2023 to Dec. 2024 .

Go Innovate Asia Bhd's Total Inventories for the quarter that ended in Jun. 2025 was RM57 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Go Innovate Asia Bhd's Days Inventory for the quarter that ended in Jun. 2025 was 3.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Go Innovate Asia Bhd's Inventory Turnover for the quarter that ended in Jun. 2025 was 46.54.

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. Go Innovate Asia Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2025 was 0.02.

Go Innovate Asia Bhd  (XKLS:03028) Change In Inventory Explanation

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

Go Innovate Asia 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
=42.1395/1961.093*365 / 2
=3.92

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

Go Innovate Asia Bhd's Inventory Turnover for the quarter that ended in Jun. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1961.093 / 42.1395
=46.54

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.

Go Innovate Asia Bhd's Inventory to Revenue for the quarter that ended in Jun. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=42.1395 / 2001.367
=0.02

* 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.

Go Innovate Asia Bhd Change In Inventory Related Terms

Go Innovate Asia Bhd Change In Inventory Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia 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.

Go Innovate Asia Bhd Change In Inventory Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial -6.97 -9.65 0.23 0.25 -9.08

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.50 8.75 -28.22 19.14 -29.58

Go Innovate Asia 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 Jun. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM-10 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of RM-10 Mil mean?
Go Innovate Asia Bhd (XKLS:03028) has a Change In Inventory of RM-10 Mil as of Jun. 2025. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Go Innovate Asia Bhd and its competitors.
Is Go Innovate Asia Bhd's Change In Inventory too high?
Go Innovate Asia Bhd's current Change In Inventory is RM-10 Mil.
How does Go Innovate Asia Bhd's Change In Inventory compare to MS and GS?
Go Innovate Asia Bhd's Change In Inventory of RM-10 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Capital Markets company?
A good Change In Inventory depends on the Capital Markets industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Go Innovate Asia Bhd and its competitors. Go Innovate Asia Bhd's current Change In Inventory is RM-10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Change In Inventory of RM-10 Mil. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Change In Inventory is RM-10 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Go Innovate Asia Bhd (XKLS:03028), the current Change In Inventory is RM-10 Mil as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.