Petronas Gas Bhd (XKLS:6033) Change In Inventory : RM-5 Mil (TTM As of Dec. 2023)

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What is Petronas Gas Bhd Change In Inventory?

Petronas Gas Bhd's change in inventory for the quarter that ended in Dec. 2023 was RM-4 Mil. It means Petronas Gas Bhd's inventory increased by RM4 Mil from Sep. 2023 to Dec. 2023 .

Petronas Gas Bhd's change in inventory for the fiscal year that ended in Dec. 2023 was RM-5 Mil. It means Petronas Gas Bhd's inventory increased by RM5 Mil from Dec. 2022 to Dec. 2023 .

Petronas Gas Bhd's Total Inventories for the quarter that ended in Dec. 2023 was RM39 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petronas Gas Bhd's Days Inventory for the quarter that ended in Dec. 2023 was 3.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petronas Gas Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 26.30.

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. Petronas Gas Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.

Petronas Gas Bhd Change In Inventory Historical Data

The historical data trend for Petronas Gas 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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Petronas Gas Bhd Change In Inventory Chart

Petronas Gas Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-12.86

19.19

-5.14

-3.50

-4.59

Petronas Gas 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															-4.62	-2.04	0.71	0.60	-3.86

Petronas Gas 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-5 Mil.

Petronas Gas Bhd (XKLS:6033) Change In Inventory Explanation

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

Petronas Gas 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
	=	40.916	/	1076.022	*	365 / 4
	=	3.47

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1076.022	/	40.916
	=	26.30

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	40.916	/	1582.836
	=	0.03

Petronas Gas Bhd Change In Inventory Related Terms

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Petronas Gas Bhd (XKLS:6033) Business Description

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PNAGF:USA

Address

Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

https://www.petronasgas.com

Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

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