Nestle Malaysia Bhd (Nestle Malaysia Bhd) Inventory Turnover : 1.43 (As of Mar. 2024)

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What is Nestle Malaysia Bhd Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Nestle Malaysia Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was $252 Mil. Nestle Malaysia Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was $176 Mil. Nestle Malaysia Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nestle Malaysia Bhd's Days Inventory for the three months ended in Mar. 2024 was 63.86.

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. Nestle Malaysia Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Nestle Malaysia Bhd Inventory Turnover Historical Data

The historical data trend for Nestle Malaysia Bhd's Inventory Turnover 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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Nestle Malaysia Bhd Inventory Turnover Chart

Nestle Malaysia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.38

6.06

5.53

4.86

4.80

Nestle Malaysia Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.19	1.20	1.34	1.35	1.43

Nestle Malaysia Bhd Inventory Turnover Calculation

Nestle Malaysia Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1034.752	/ (	(252.882	+	178.496)	/	2 )
=	1034.752	/	215.689
=	4.80

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	251.832	/ (	(178.496	+	174.011)	/	2 )
=	251.832	/	176.2535
=	1.43

Nestle Malaysia Bhd (OTCPK:NSLYF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Nestle Malaysia 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
	=	176.2535	/	251.832	*	365 / 4
	=	63.86

2. 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.

Nestle Malaysia Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	176.2535	/	378.09
	=	0.47

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Nestle Malaysia Bhd Inventory Turnover Related Terms

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Nestle Malaysia Bhd (Nestle Malaysia Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Malaysia Bhd (OTCPK:NSLYF) » Definitions » Inventory Turnover

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Traded in Other Exchanges

4707:Malaysia

Address

No. 1, Persiaran Bandar Utama, Level 22, 1 Powerhouse, Bandar Utama, Petaling Jaya, SGR, MYS, 47800

Website

https://www.nestle.com.my

Nestle Malaysia Bhd is a Malaysian investment holding company owned by Nestle. The business activities of the group are functioned through Food and beverages and Others segments. The products offered by the group are related to dairy, beverages, food, Nestle Professional, Nestle Ice Cream, confectionery, chilled dairy, infant nutrition, and health science. The main geography is the domestic market, representing approximately 80% of total sales. The most well-known brands are Nescafe, Maggi, Nespray, Kit Kat, and Milo.

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