Ecoscience International Bhd (XKLS:0255) Inventory-to-Revenue : 0.48 (As of Mar. 2024)

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What is Ecoscience International Bhd Inventory-to-Revenue?

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. Ecoscience International Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM21.6 Mil. Ecoscience International Bhd's Revenue for the three months ended in Mar. 2024 was RM45.5 Mil. Ecoscience International Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.48.

Ecoscience International Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.56) to Dec. 2023 (0.48)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ecoscience International Bhd's Days Inventory for the three months ended in Mar. 2024 was 43.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecoscience International Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.10.

Ecoscience International Bhd Inventory-to-Revenue Historical Data

The historical data trend for Ecoscience International Bhd's Inventory-to-Revenue 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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Ecoscience International Bhd Inventory-to-Revenue Chart

Ecoscience International Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.03

0.04

0.08

0.18

0.14

Ecoscience International Bhd Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial								0.28	0.25	0.23	0.56	0.48

Competitive Comparison of Ecoscience International Bhd's Inventory-to-Revenue

For the Engineering & Construction subindustry, Ecoscience International Bhd's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ecoscience International Bhd's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ecoscience International Bhd's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ecoscience International Bhd's Inventory-to-Revenue falls into.

Ecoscience International Bhd Inventory-to-Revenue Calculation

Ecoscience International Bhd's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (18.17	+	24.043)	/	2 )	/	155.563
=	21.1065					/	155.563
=	0.14

Ecoscience International Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (24.043	+	19.173)	/	2 )	/	45.471
=	21.608					/	45.471
=	0.48

Ecoscience International Bhd (XKLS:0255) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Ecoscience International Bhd's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	21.608	/	45.349	*	365 / 4
	=	43.48

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	45.349	/	21.608
	=	2.10

Ecoscience International Bhd Inventory-to-Revenue Related Terms

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Ecoscience International Bhd (XKLS:0255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ecoscience International Bhd (XKLS:0255) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

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Address

Pasir Gudang Industrial Estate, PLO555, Jalan Keluli 8, Pasir Gudang, JHR, MYS, 81700

Website

https://www.ecosciencegroup.com

Ecoscience International Bhd is a one-stop solution provider for the construction of palm oil mills and supporting facilities, and fabrication of equipment. The core activities of the company is the construction of plants, which are mainly palm oil mills and facilities, supported by our in-house fabrication of equipment. Other complementary activities include supply of materials and equipment, spare parts and provision of maintenance services. The company's reportable segments are as follows which includes Construction of Plants and Facilities Segment, Fabrication of Equipment Segment, Supply of Material and Equipment, Others. The company generates majority of its revenue from Construction of Plants and Facilities Segment in Malaysia region itself.

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