CN Asia Bhd (XKLS:7986) Change In Inventory : RM-1.98 Mil (TTM As of Dec. 2023)

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What is CN Asia Bhd Change In Inventory?

CN Asia Bhd's change in inventory for the quarter that ended in Dec. 2023 was RM-1.20 Mil. It means CN Asia Bhd's inventory increased by RM1.20 Mil from Sep. 2023 to Dec. 2023 .

CN Asia Bhd's change in inventory for the fiscal year that ended in Dec. 2020 was RM-1.24 Mil. It means CN Asia Bhd's inventory increased by RM1.24 Mil from Dec. 2019 to Dec. 2020 .

CN Asia Bhd's Total Inventories for the quarter that ended in Dec. 2023 was RM4.49 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CN Asia Bhd's Days Inventory for the quarter that ended in Dec. 2023 was 99.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. CN Asia Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.92.

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. CN Asia Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.82.

CN Asia Bhd Change In Inventory Historical Data

The historical data trend for CN Asia 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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CN Asia Bhd Change In Inventory Chart

CN Asia Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Inventory

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1.14

-1.38

0.30

1.06

-1.24

CN Asia Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.44	-0.75	-1.01	0.22	-1.20

CN Asia 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-1.98 Mil.

CN Asia Bhd (XKLS:7986) Change In Inventory Explanation

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

CN Asia 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
	=	4.576	/	4.208	*	365 / 4
	=	99.23

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.208	/	4.576
	=	0.92

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.576	/	5.559
	=	0.82

CN Asia Bhd Change In Inventory Related Terms

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CN Asia Bhd (XKLS:7986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CN Asia Corp Bhd (XKLS:7986) » Definitions » Change In Inventory

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Address

Jalan Balakong, Lot 7907, Batu 11, Ground Floor Office Building, Seri Kembangan, SGR, MYS, 43300

Website

https://www.cnasia.com

CN Asia Corp Bhd is an investment holding company. It is engaged in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, and piping for the petroleum industry as well as specialized engineering and fabrication works, and sub-contractor for civil engineering work. The company segments include Manufacturing, Investment, Energy Management, and Financial Services. It generates maximum revenue from the Manufacturing segment.

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