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Magni-Tech Industries Bhd (XKLS:7087) Change In Inventory : RM17 Mil (TTM As of Jan. 2025)


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What is Magni-Tech Industries Bhd Change In Inventory?

Magni-Tech Industries Bhd's change in inventory for the quarter that ended in Jan. 2025 was RM18 Mil. It means Magni-Tech Industries Bhd's inventory declined by RM18 Mil from Oct. 2024 to Jan. 2025 .

Magni-Tech Industries Bhd's change in inventory for the fiscal year that ended in Apr. 2024 was RM-54 Mil. It means Magni-Tech Industries Bhd's inventory increased by RM54 Mil from Apr. 2023 to Apr. 2024 .

Magni-Tech Industries Bhd's Total Inventories for the quarter that ended in Jan. 2025 was RM265 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Magni-Tech Industries Bhd's Inventory Turnover for the quarter that ended in Jan. 2025 was 0.00.

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. Magni-Tech Industries Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2025 was 0.74.

Magni-Tech Industries Bhd Change In Inventory Historical Data

The historical data trend for Magni-Tech Industries 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.

Magni-Tech Industries Bhd Change In Inventory Chart

Magni-Tech Industries Bhd Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.73 -21.21 -21.49 4.70 -53.99

Magni-Tech Industries Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.63 -34.11 21.92 11.12 18.03

Magni-Tech Industries 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was RM17 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.

Magni-Tech Industries Bhd  (XKLS:7087) Change In Inventory Explanation

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

Magni-Tech Industries 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
=274.279/0*365 / 4
=N/A

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

Magni-Tech Industries Bhd's Inventory Turnover for the quarter that ended in Jan. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 274.279
=0.00

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.

Magni-Tech Industries Bhd's Inventory to Revenue for the quarter that ended in Jan. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=274.279 / 370.712
=0.74

* 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.

Magni-Tech Industries Bhd Change In Inventory Related Terms

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Magni-Tech Industries Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Magni-Tech Industries Bhd (XKLS:7087) » Definitions » Change In Inventory
Comparable Companies
XKLS:9288 XKLS:9369 XKLS:7154 XKLS:6068 XKLS:7209 XKLS:8966 OSTO:HM B MIL:MONC RL WAR:LPP TSX:GIL LEVI BOM:532827 HKSE:03998 SHSE:600398 SHSE:600177 VFC PVH NSE:ABFRL COLM
Traded in Other Exchanges
N/A
Address
488-A, Jalan Burmah, Level 18, Penas Tower, Midlands Park Centre, George Town, PNG, MYS, 10350
Website
https://www.magni-tech.com.my
Magni-Tech Industries Bhd, through its subsidiaries, is principally engaged in the manufacturing and sales of garments. The company is organized into two business segments namely Garments, and Packaging segment. The company derives maximum revenue from the Garment segment. The Group engages in the manufacturing and sale of garments, flexible plastic packaging, and corrugated cartons.

Magni-Tech Industries Bhd Headlines

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