Icon Offshore Bhd (XKLS:5255) Change In Inventory : RM-1.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Icon Offshore Bhd Change In Inventory?

Icon Offshore Bhd's change in inventory for the quarter that ended in Dec. 2023 was RM-0.8 Mil. It means Icon Offshore Bhd's inventory increased by RM0.8 Mil from Sep. 2023 to Dec. 2023 .

Icon Offshore Bhd's change in inventory for the fiscal year that ended in Dec. 2023 was RM-1.5 Mil. It means Icon Offshore Bhd's inventory increased by RM1.5 Mil from Dec. 2022 to Dec. 2023 .

Icon Offshore Bhd's Total Inventories for the quarter that ended in Dec. 2023 was RM4.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Icon Offshore Bhd's Days Inventory for the quarter that ended in Dec. 2023 was 7.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Icon Offshore Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 12.26.

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. Icon Offshore Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

Icon Offshore Bhd Change In Inventory Historical Data

The historical data trend for Icon Offshore 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.

Icon Offshore Bhd Change In Inventory Chart

Icon Offshore Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-2.82

2.48

-0.06

-1.67

-1.53

Icon Offshore 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															-2.21	1.00	0.90	-2.66	-0.77

Icon Offshore 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 RM-1.5 Mil.

Icon Offshore Bhd (XKLS:5255) Change In Inventory Explanation

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

Icon Offshore 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
	=	3.887	/	47.666	*	365 / 4
	=	7.44

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

Icon Offshore Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	47.666	/	3.887
	=	12.26

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.

Icon Offshore Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.887	/	42.165
	=	0.09

Icon Offshore Bhd Change In Inventory Related Terms

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

Icon Offshore Bhd (XKLS:5255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Icon Offshore Bhd (XKLS:5255) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

207, Jalan Tun Razak, 16-01, Level 16, Menara Tan & Tan, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.iconoffshore.com.my

Icon Offshore Bhd is an offshore support vessel (OSV) provider in Malaysia. Its business involves vessel owning/leasing activities and the provision of vessel chartering and ship management services to the oil and gas-related industries. The company offers a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development, operation, and maintenance, through to decommissioning.

Icon Offshore Bhd (XKLS:5255) Headlines

No Headlines