Notion Vtec Bhd (XKLS:0083) Inventory Turnover : 1.48 (As of Dec. 2024)

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What is Notion Vtec 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. Notion Vtec Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM102.9 Mil. Notion Vtec Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM69.4 Mil. Notion Vtec Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Notion Vtec Bhd's Days Inventory for the three months ended in Dec. 2024 was 61.60.

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. Notion Vtec Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.55.

Notion Vtec Bhd Inventory Turnover Historical Data

The historical data trend for Notion Vtec 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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Notion Vtec Bhd Inventory Turnover Chart

Notion Vtec Bhd Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Inventory Turnover

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4.75

5.60

3.88

4.56

6.42

Notion Vtec 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															1.22	1.44	1.73	1.82	1.48

Notion Vtec Bhd Inventory Turnover Calculation

Notion Vtec Bhd's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Inventory Turnover (A: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2024 )	/ (	(Total Inventories (A: Sep. 2023 )	+	Total Inventories (A: Sep. 2024 ))	/	count )
=	378.926	/ (	(53.349	+	64.702)	/	2 )
=	378.926	/	59.0255
=	6.42

Notion Vtec 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 )
=	102.863	/ (	(64.702	+	74.171)	/	2 )
=	102.863	/	69.4365
=	1.48

Notion Vtec Bhd (XKLS:0083) 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.

Notion Vtec 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
	=	69.4365	/	102.863	*	365 / 4
	=	61.60

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.

Notion Vtec 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 )
	=	69.4365	/	125.956
	=	0.55

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.

Notion Vtec Bhd Inventory Turnover Related Terms

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Notion Vtec Bhd Business Description

Industry

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Address

Lot 6123, Jalan Haji Salleh, Batu 5 1/2, Jalan Meru, Klang, SGR, MYS, 41050

Website

http://www.notionvtec.com

Notion Vtec Bhd is a Malaysia-based investment holding firm. Through its subsidiaries is engaged in manufacturing and sells precision components, tools, and other related products. The company operates in two segments namely Personal Protective Equipment and Precision Engineering. The Precision Engineering segment accounts for the majority of revenue that engages in the manufacture of high-volume precision components and tools including design, other related activities, and incidental services. Substantial revenue comes from the Thailand market, while it also has a presence in various other countries. The Personal Protective Equipment Segment includes the Manufacturing of personal protective equipment and medical-related materials, components, devices or products, and other activities.

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