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Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Inventory-to-Revenue : 0.46 (As of Dec. 2023)


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What is Harrisons Holdings (Malaysia) 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. Harrisons Holdings (Malaysia) Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM233 Mil. Harrisons Holdings (Malaysia) Bhd's Revenue for the three months ended in Dec. 2023 was RM504 Mil. Harrisons Holdings (Malaysia) Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.46.

Harrisons Holdings (Malaysia) Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.37) to Sep. 2023 (0.46)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Harrisons Holdings (Malaysia) Bhd's Days Inventory for the three months ended in Dec. 2023 was 48.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Harrisons Holdings (Malaysia) Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.87.


Harrisons Holdings (Malaysia) Bhd Inventory-to-Revenue Historical Data

The historical data trend for Harrisons Holdings (Malaysia) 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.

Harrisons Holdings (Malaysia) Bhd Inventory-to-Revenue Chart

Harrisons Holdings (Malaysia) Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.10 0.08 0.09 0.11

Harrisons Holdings (Malaysia) Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 0.45 0.35 0.34 0.37 0.46

Competitive Comparison of Harrisons Holdings (Malaysia) Bhd's Inventory-to-Revenue

For the Industrial Distribution subindustry, Harrisons Holdings (Malaysia) 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.


Harrisons Holdings (Malaysia) Bhd's Inventory-to-Revenue Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Harrisons Holdings (Malaysia) Bhd's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Harrisons Holdings (Malaysia) Bhd's Inventory-to-Revenue falls into.



Harrisons Holdings (Malaysia) 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.

Harrisons Holdings (Malaysia) 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 )
=( (235.136 + 253.409) / 2 ) / 2257.077
=244.2725 / 2257.077
=0.11

Harrisons Holdings (Malaysia) Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (213.209 + 253.409) / 2 ) / 503.984
=233.309 / 503.984
=0.46

* 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.


Harrisons Holdings (Malaysia) Bhd  (XKLS:5008) 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.

Harrisons Holdings (Malaysia) Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=233.309/436.278*365 / 4
=48.80

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

Harrisons Holdings (Malaysia) Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=436.278 / 233.309
=1.87

* 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.


Harrisons Holdings (Malaysia) Bhd Inventory-to-Revenue Related Terms

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Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Business Description

Traded in Other Exchanges
N/A
Address
10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350
Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. It has three reporting business segments: Trading and distribution; Retail; and Shipping and others. The Trading and distribution segment operations generate majority revenue for the company which comprises trading and distribution of consumer products, building materials, industrial and agricultural chemical products, and liquor products. It has a business presence in Sabah, Sarawak, Peninsular Malaysia and Singapore.

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Headlines

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