Karyon Industries Bhd (XKLS:0054) Inventory Turnover : 1.32 (As of Dec. 2023)

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What is Karyon Industries 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. Karyon Industries Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM35.6 Mil. Karyon Industries Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM27.0 Mil. Karyon Industries Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Karyon Industries Bhd's Days Inventory for the three months ended in Dec. 2023 was 69.10.

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. Karyon Industries Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.65.

Karyon Industries Bhd Inventory Turnover Historical Data

The historical data trend for Karyon Industries 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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Karyon Industries Bhd Inventory Turnover Chart

Karyon Industries Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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5.11

4.91

4.79

5.73

5.58

Karyon Industries Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															1.33	1.24	1.44	1.44	1.32

Karyon Industries Bhd Inventory Turnover Calculation

Karyon Industries Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	162.679	/ (	(34.018	+	24.269)	/	2 )
=	162.679	/	29.1435
=	5.58

Karyon Industries Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	35.614	/ (	(27.307	+	26.633)	/	2 )
=	35.614	/	26.97
=	1.32

Karyon Industries Bhd (XKLS:0054) 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.

Karyon Industries 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
	=	26.97	/	35.614	*	365 / 4
	=	69.10

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.

Karyon Industries Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	26.97	/	41.263
	=	0.65

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.

Karyon Industries Bhd Inventory Turnover Related Terms

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Karyon Industries Bhd (XKLS:0054) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Karyon Industries Bhd (XKLS:0054) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 1, Jalan Sri Plentong 6, Taman Perindustrian Sri Plentong, Masai, Johor Darul Takzim, JHR, MYS, 81750

Website

https://www.karyongroup.com.my

Karyon Industries Bhd is a Malaysian company engaged in the business of manufacturing polymeric products. The segments of the company include the Investment holding division; and Manufacturing of polymeric products that involve the manufacturing and trading of Polyvinyl Chloride (PVC) compound, plastic additives, and industrial chemical products. The company derives the majority of its revenue through its manufacturing of polymeric products segment from Malaysia.

Karyon Industries Bhd (XKLS:0054) Headlines

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