Vinvest Capital Holdings Bhd (XKLS:0069) Inventory Turnover : 0.11 (As of Mar. 2024)

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What is Vinvest Capital Holdings 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. Vinvest Capital Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM7.05 Mil. Vinvest Capital Holdings Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM63.42 Mil. Vinvest Capital Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vinvest Capital Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 820.53.

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. Vinvest Capital Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 7.31.

Vinvest Capital Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Vinvest Capital Holdings 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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Vinvest Capital Holdings Bhd Inventory Turnover Chart

Vinvest Capital Holdings Bhd Annual Data

Trend

Jun12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun20

Jun21

Dec23

Inventory Turnover

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29.77

46.63

1.15

1.62

Vinvest Capital Holdings Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.22	0.19	0.95	0.52	0.11

Vinvest Capital Holdings Bhd Inventory Turnover Calculation

Vinvest Capital Holdings 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: Jun. 2021 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	122.462	/ (	(87.731	+	63.432)	/	2 )
=	122.462	/	75.5815
=	1.62

Vinvest Capital Holdings 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 )
=	7.053	/ (	(63.432	+	63.411)	/	2 )
=	7.053	/	63.4215
=	0.11

Vinvest Capital Holdings Bhd (XKLS:0069) 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.

Vinvest Capital Holdings 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
	=	63.4215	/	7.053	*	365 / 4
	=	820.53

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.

Vinvest Capital Holdings 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 )
	=	63.4215	/	8.681
	=	7.31

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.

Vinvest Capital Holdings Bhd Inventory Turnover Related Terms

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Vinvest Capital Holdings Bhd (XKLS:0069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vinvest Capital Holdings Bhd (XKLS:0069) » Definitions » Inventory Turnover

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Address

No. 4, Jalan Seri Utara 1, Off Jalan Ipoh, Batu Caves, Kuala Lumpur, SGR, MYS, 68100

Website

https://www.vinvest.com.my

Vinvest Capital Holdings Bhd is an investment holding company. The company's operating segment includes Investment holding; Telecommunication engineering; Aluminium design and fabrication; Construction services and property development and others. It generates maximum revenue from the Construction services and property development segment. Geographically, it operates only in Malaysia.

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