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. SMIS Bhd's Average Total Inventories for the quarter that ended in Sep. 2024 was RM20.7 Mil. SMIS Bhd's Revenue for the
three
months ended in Sep. 2024 was RM39.7 Mil.
SMIS Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.52.
SMIS Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2024
declined
from Jun. 2024 (0.55) to Jun. 2024 (0.52)
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.
SMIS Bhd's Days Inventory for the
three
months ended in Sep. 2024 was 56.96.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SMIS Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.60.
SMIS Bhd Inventory-to-Revenue Historical Data
The historical data trend for SMIS 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.
Competitive Comparison of SMIS Bhd's Inventory-to-Revenue
For the Auto Parts subindustry, SMIS 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.
SMIS Bhd's Inventory-to-Revenue Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, SMIS Bhd's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where SMIS Bhd's Inventory-to-Revenue falls into.
SMIS 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.
SMIS Bhd's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
SMIS Bhd (XKLS:7132) 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.
SMIS Bhd's Days Inventory for the
three
months ended in Sep. 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.
SMIS Bhd Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of SMIS Bhd's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
SMIS Corp Bhd is a Malaysia-based firm. The company with its subsidiary is principally involved in the automotive parts manufacturer/supplier with a lesser portion of the SMIS Group business generated from industrial spares trading. The company operates in three reportable segments, namely, Automotive parts that manufacture and trade carpet of all descriptions and manufacturing of automotive braking components and motorcycle components; Machinery parts that trade machinery and industrial parts supplies; and Others that include investment holding and dormant. The company derives the majority of its revenue from Automotive parts segment. The geographical presence of the business is in Malaysia, Thailand, and Indonesia, majority of its revenue is generated from Malaysia.
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