What is Choo Bee Metal Industries 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. Choo Bee Metal Industries Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM231.9 Mil. Choo Bee Metal Industries Bhd's Revenue for the
three
months ended in Mar. 2024 was RM88.6 Mil.
Choo Bee Metal Industries Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.62.
Choo Bee Metal Industries Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (2.10) to Dec. 2023 (2.62)
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.
Choo Bee Metal Industries Bhd's Days Inventory for the
three
months ended in Mar. 2024 was 263.58.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Choo Bee Metal Industries Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.35.
Choo Bee Metal Industries Bhd Inventory-to-Revenue Historical Data
* 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.
Choo Bee Metal Industries Bhd Inventory-to-Revenue Chart
Competitive Comparison of Choo Bee Metal Industries Bhd's Inventory-to-Revenue
For the Steel subindustry, Choo Bee Metal Industries 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.
Choo Bee Metal Industries Bhd's Inventory-to-Revenue Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Choo Bee Metal Industries Bhd's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Choo Bee Metal Industries Bhd's Inventory-to-Revenue falls into.
Choo Bee Metal Industries 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.
* 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.
Choo Bee Metal Industries Bhd (XKLS:5797) 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.
Choo Bee Metal Industries Bhd's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
Choo Bee Metal Industries Bhd Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Choo Bee Metal Industries Bhd's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Choo Bee Metal Industries Bhd (XKLS:5797) Business Description
Choo Bee Metal Industries Bhd is a Malaysian-based company engaged in the processing of steel coils into steel products, fabrication of steel products, and trading of hardware products. The firm manufactures steel products for oil and gas applications, building and construction industries, trading of hardware products, functioning as beams, channels, mild steel plates, flat bars, angle bars, stainless steel products, and other building materials, as well as provision of steel servicing, such as slitting and shearing of coils. The group is organized into trading and manufacturing segments in which Trading segments derive a majority of its revenue. Geographically, it derives the majority of its revenue from Malaysia.
Choo Bee Metal Industries Bhd (XKLS:5797) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:5797 has been successfully added to your 