Melewar Industrial Group Bhd (XKLS:3778) Change In Inventory : RM6.5 Mil (TTM As of Dec. 2023)

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What is Melewar Industrial Group Bhd Change In Inventory?

Melewar Industrial Group Bhd's change in inventory for the quarter that ended in Dec. 2023 was RM-25.1 Mil. It means Melewar Industrial Group Bhd's inventory increased by RM25.1 Mil from Sep. 2023 to Dec. 2023 .

Melewar Industrial Group Bhd's change in inventory for the fiscal year that ended in Jun. 2023 was RM97.3 Mil. It means Melewar Industrial Group Bhd's inventory declined by RM97.3 Mil from Jun. 2022 to Jun. 2023 .

Melewar Industrial Group Bhd's Total Inventories for the quarter that ended in Dec. 2023 was RM179.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Melewar Industrial Group Bhd's Days Inventory for the quarter that ended in Dec. 2023 was 91.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. Melewar Industrial Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.00.

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. Melewar Industrial Group Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.94.

Melewar Industrial Group Bhd Change In Inventory Historical Data

The historical data trend for Melewar Industrial 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.

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Melewar Industrial Group Bhd Change In Inventory Chart

Melewar Industrial Group Bhd Annual Data

Trend

Jun14

Jun15

Jun16

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Jun20

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Jun22

Jun23

Change In Inventory

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17.83

30.41

-70.85

-69.06

97.27

Melewar Industrial Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															55.28	7.98	0.04	23.60	-25.15

Melewar Industrial 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.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM6.5 Mil.

Melewar Industrial Group Bhd (XKLS:3778) Change In Inventory Explanation

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

Melewar Industrial 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
	=	167.336	/	166.579	*	365 / 4
	=	91.66

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

Melewar Industrial 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
	=	166.579	/	167.336
	=	1.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	167.336	/	177.785
	=	0.94

Melewar Industrial Group Bhd Change In Inventory Related Terms

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Melewar Industrial Group Bhd (XKLS:3778) Business Description

Industry

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Traded in Other Exchanges

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Address

Number 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200

Website

http://www.melewar-mig.com

Melewar Industrial Group Bhd operates in four segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group operates in Malaysia.

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