Southern Steel Bhd (XKLS:5665) Change In Inventory : RM0 Mil (TTM As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Southern Steel Bhd Change In Inventory?

Southern Steel Bhd's change in inventory for the quarter that ended in Mar. 2024 was RM0 Mil. It means Southern Steel Bhd's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Southern Steel Bhd's change in inventory for the fiscal year that ended in Jun. 2023 was RM160 Mil. It means Southern Steel Bhd's inventory declined by RM160 Mil from Jun. 2022 to Jun. 2023 .

Southern Steel Bhd's Total Inventories for the quarter that ended in Mar. 2024 was RM402 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southern Steel Bhd's Days Inventory for the quarter that ended in Mar. 2024 was 65.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Southern Steel Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.39.

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. Southern Steel Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.67.

Southern Steel Bhd Change In Inventory Historical Data

The historical data trend for Southern Steel 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.

Southern Steel Bhd Change In Inventory Chart

Southern Steel Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

Get a 7-Day Free Trial

169.61

266.57

-156.60

-5.44

159.90

Southern Steel Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Southern Steel 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM0 Mil.

Southern Steel Bhd (XKLS:5665) Change In Inventory Explanation

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

Southern Steel 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
	=	372.115	/	515.669	*	365 / 4
	=	65.85

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

Southern Steel Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	515.669	/	372.115
	=	1.39

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.

Southern Steel Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	372.115	/	551.657
	=	0.67

Southern Steel Bhd Change In Inventory Related Terms

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

Southern Steel Bhd (XKLS:5665) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Southern Steel Bhd (XKLS:5665) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2435, Lorong Perusahaan 12, Prai Industrial Estate, Prai, PNG, MYS, 13600

Website

https://www.southsteel.com

Southern Steel Bhd is an investment holding company. The company's operating segment includes Steel products and Investment holding and others and Hot rolled coil operations. Its Steel products segment includes manufacturing, sale, and trading in billets, steel bars, wire rods, wire mesh, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products. Geographically, the group has its business in the regions of Malaysia, Taiwan, Papua New Guinea , Philippines, Bangladesh, Japan, Singapore, Indonesia, the United States of America, Australian and others of which majority of the revenue is derived from the Malaysia region.

Southern Steel Bhd (XKLS:5665) Headlines

No Headlines