JAG Bhd (XKLS:0024) Inventory Turnover : 0.59 (As of Dec. 2024)

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What is JAG 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. JAG Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM50.2 Mil. JAG Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM84.4 Mil. JAG Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. JAG Bhd's Days Inventory for the three months ended in Dec. 2024 was 153.40.

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. JAG Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.28.

JAG Bhd Inventory Turnover Historical Data

The historical data trend for JAG 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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JAG Bhd Inventory Turnover Chart

JAG Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.25

2.53

2.94

2.29

2.12

JAG Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.65	0.50	0.48	0.57	0.59

JAG Bhd Inventory Turnover Calculation

JAG Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	166.868	/ (	(71.833	+	85.63)	/	2 )
=	166.868	/	78.7315
=	2.12

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

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	50.222	/ (	(83.221	+	85.63)	/	2 )
=	50.222	/	84.4255
=	0.59

JAG Bhd (XKLS:0024) 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.

JAG 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
	=	84.4255	/	50.222	*	365 / 4
	=	153.40

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	84.4255	/	65.888
	=	1.28

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.

JAG Bhd Inventory Turnover Related Terms

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JAG Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » JAG Bhd (XKLS:0024) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

72A, Jalan Universiti, D65-3A, Block D, Jaya One, Petaling Jaya, SGR, MYS, 46200

Website

https://www.jagb.com.my

JAG Bhd is an investment holding company with five reportable segments: Manufacturing; Trading; Lifestyle and Services; Investment; Investment and Property Development. The Manufacturing Segment that derives the majority of revenue involves recycling and manufacturing activities of extraction, production, and refinery of ferrous, non-ferrous, and precious metals via industrial and electronic waste. Trading includes trading of ferrous and non-ferrous metals. Lifestyle and Services include operating a coin-operated laundry business. Property development includes buying, selling, and renting self-owned or leased real estate land, property development, and project management. It has operations in Malaysia, China, Japan and Others.

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