SKP Resources Bhd (XKLS:7155) Change In Inventory : RM123 Mil (TTM As of Dec. 2023)

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What is SKP Resources Bhd Change In Inventory?

SKP Resources Bhd's change in inventory for the quarter that ended in Dec. 2023 was RM40 Mil. It means SKP Resources Bhd's inventory declined by RM40 Mil from Sep. 2023 to Dec. 2023 .

SKP Resources Bhd's change in inventory for the fiscal year that ended in Mar. 2023 was RM-2 Mil. It means SKP Resources Bhd's inventory increased by RM2 Mil from Mar. 2022 to Mar. 2023 .

SKP Resources Bhd's Total Inventories for the quarter that ended in Dec. 2023 was RM186 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SKP Resources Bhd's Days Inventory for the quarter that ended in Dec. 2023 was 47.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. SKP Resources Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.91.

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. SKP Resources Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.45.

SKP Resources Bhd Change In Inventory Historical Data

The historical data trend for SKP Resources 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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SKP Resources Bhd Change In Inventory Chart

SKP Resources Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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27.16

-70.61

-67.28

-37.52

-1.64

SKP Resources 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															35.18	55.52	11.41	15.29	40.37

SKP Resources 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 RM123 Mil.

SKP Resources Bhd (XKLS:7155) Change In Inventory Explanation

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

SKP Resources 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
	=	205.957	/	392.634	*	365 / 4
	=	47.87

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	392.634	/	205.957
	=	1.91

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	205.957	/	453.1
	=	0.45

SKP Resources Bhd Change In Inventory Related Terms

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SKP Resources Bhd (XKLS:7155) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SKP Resources Bhd (XKLS:7155) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kluang, No.421, 4th Miles, Batu Pahat, JHR, MYS, 83000

Website

https://www.skpres.com

SKP Resources Bhd is an investment holding and provision of a management service company. It is engaged in the manufacturing of plastic products. The company's operating segment includes Sales of goods and Others. It generates majority revenue from the Sales of goods segment. Geographically, it operates only in Malaysia. Its services include Design and Engineering; Tool and Die Fabrication; Injection Moulding and Cosmetic Finishing; Contract Manufacturing and Component Assembly; Manufacturing Services and Logistics and Fulfillment.

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