Eduspec Holdings Bhd (XKLS:0107) Inventory Turnover : 0.08 (As of Nov. 2023)

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What is Eduspec 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. Eduspec Holdings Bhd's Cost of Goods Sold for the three months ended in Nov. 2023 was RM2.09 Mil. Eduspec Holdings Bhd's Average Total Inventories for the quarter that ended in Nov. 2023 was RM27.84 Mil. Eduspec Holdings Bhd's Inventory Turnover for the quarter that ended in Nov. 2023 was 0.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eduspec Holdings Bhd's Days Inventory for the three months ended in Nov. 2023 was 1,215.03.

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. Eduspec Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 7.83.

Eduspec Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Eduspec 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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Eduspec Holdings Bhd Inventory Turnover Chart

Eduspec Holdings Bhd Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Feb20

Feb21

Feb22

Feb23

Inventory Turnover

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2.17

0.45

0.23

0.21

Eduspec Holdings Bhd Quarterly Data
	Dec18	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Inventory Turnover	Get a 7-Day Free Trial															0.03	0.10	0.03	0.04	0.08

Eduspec Holdings Bhd Inventory Turnover Calculation

Eduspec Holdings Bhd's Inventory Turnover for the fiscal year that ended in Feb. 2023 is calculated as

	Inventory Turnover (A: Feb. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2023 )	/ (	(Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )
=	5.771	/ (	(28.395	+	27.901)	/	2 )
=	5.771	/	28.148
=	0.21

Eduspec Holdings Bhd's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

	Inventory Turnover (Q: Nov. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2023 )	/ (	(Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )
=	2.091	/ (	(27.77	+	27.915)	/	2 )
=	2.091	/	27.8425
=	0.08

Eduspec Holdings Bhd (XKLS:0107) 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.

Eduspec Holdings Bhd's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2023 )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
	=	27.8425	/	2.091	*	365 / 4
	=	1,215.03

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.

Eduspec Holdings Bhd's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	27.8425	/	3.554
	=	7.83

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.

Eduspec Holdings Bhd Inventory Turnover Related Terms

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Eduspec Holdings Bhd (XKLS:0107) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Eduspec Holdings Bhd (XKLS:0107) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

No. 10, Jalan 15/22, Tiong Nam Industrial Park, Section 15, Darul Ehsan, Shah Alam, SGR, MYS, 40200

Website

https://www.eduspec.com.my

Eduspec Holdings Bhd provides consultancy, building teaching capacity, and deploying information technology systems in schools. It also offers online and learning education programs.

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