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SIK Cheong Bhd (XKLS:0316) Inventory-to-Revenue : 0.04 (As of Dec. 2024)


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What is SIK Cheong 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. SIK Cheong Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM0.94 Mil. SIK Cheong Bhd's Revenue for the three months ended in Dec. 2024 was RM23.82 Mil. SIK Cheong Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.04.

SIK Cheong Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (0.05) to Sep. 2024 (0.04)

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. SIK Cheong Bhd's Days Inventory for the three months ended in Dec. 2024 was 4.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. SIK Cheong Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 21.53.


SIK Cheong Bhd Inventory-to-Revenue Historical Data

The historical data trend for SIK Cheong 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.

* Premium members only.

SIK Cheong Bhd Inventory-to-Revenue Chart

SIK Cheong Bhd Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Inventory-to-Revenue
0.02 0.02 0.02 0.01

SIK Cheong Bhd Quarterly Data
Mar21 Mar22 Mar23 Mar24 Sep24 Dec24
Inventory-to-Revenue Get a 7-Day Free Trial - - - 0.05 0.04

Competitive Comparison of SIK Cheong Bhd's Inventory-to-Revenue

For the Packaged Foods subindustry, SIK Cheong 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.


SIK Cheong Bhd's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SIK Cheong Bhd's Inventory-to-Revenue distribution charts can be found below:

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


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SIK Cheong Bhd Inventory-to-Revenue Calculation

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.

SIK Cheong Bhd's Inventory-to-Revenue for the fiscal year that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (A: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )
=( (1.029 + 1.206) / 2 ) / 79.583
=1.1175 / 79.583
=0.01

SIK Cheong Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (0.954 + 0.917) / 2 ) / 23.822
=0.9355 / 23.822
=0.04

* 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.


SIK Cheong Bhd  (XKLS:0316) 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:

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.

More Related Terms:

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

SIK Cheong Bhd's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.9355/20.145*365 / 4
=4.24

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

SIK Cheong Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=20.145 / 0.9355
=21.53

* 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.


SIK Cheong Bhd Inventory-to-Revenue Related Terms

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SIK Cheong Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Jalan 6/14, Kampung Tasik Tambahan, Darul Ehsan, Ampang, SGR, MYS, 68000
SIK Cheong Bhd is involved in the repackaging, marketing and distribution of RBD palm olein oil products. Its products include RBD palm olein cooking oil, which are sold under brands, Sawit Emas and Vitamas, or sold unbranded and also sell RBD palm olein lamp oil under brand, Pingat Emas. The company products are consumed and used commercially and in households.

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