Oversea Enterprise Bhd (XKLS:0153) Inventory Turnover : 0.49 (As of Dec. 2024)

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What is Oversea Enterprise 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. Oversea Enterprise Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM6.24 Mil. Oversea Enterprise Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM12.68 Mil. Oversea Enterprise Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oversea Enterprise Bhd's Days Inventory for the three months ended in Dec. 2024 was 185.45.

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. Oversea Enterprise Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.88.

Oversea Enterprise Bhd Inventory Turnover Historical Data

The historical data trend for Oversea Enterprise 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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Oversea Enterprise Bhd Inventory Turnover Chart

Oversea Enterprise Bhd Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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4.36

2.46

2.91

3.36

2.96

Oversea Enterprise 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															0.44	0.64	0.62	0.76	0.49

Oversea Enterprise Bhd Inventory Turnover Calculation

Oversea Enterprise Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	29.074	/ (	(7.786	+	11.889)	/	2 )
=	29.074	/	9.8375
=	2.96

Oversea Enterprise 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 )
=	6.241	/ (	(12.275	+	13.092)	/	2 )
=	6.241	/	12.6835
=	0.49

Oversea Enterprise Bhd (XKLS:0153) 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.

Oversea Enterprise 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
	=	12.6835	/	6.241	*	365 / 4
	=	185.45

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.

Oversea Enterprise 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 )
	=	12.6835	/	14.439
	=	0.88

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.

Oversea Enterprise Bhd Inventory Turnover Related Terms

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Oversea Enterprise Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Oversea Enterprise Bhd (XKLS:0153) » Definitions » Inventory Turnover

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Address

No. 8, Persiaran Tropicana, Lot 12.2, 12th Floor, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410

Website

https://www.oversea.com.my

Oversea Enterprise Bhd operates as an investment holding company in Malaysia. The company engages in the operation of Chinese cuisine restaurants. It operates in three segments; The restaurant segment which is involved in the business of restaurant operators; The manufacturing segment is involved in the manufacturing and wholesale of mooncakes and other baked products; The trading and investment holding segment is involved in the trading of general and food products and providing corporate services and treasury functions. It generates the majority of its revenue from the Restaurant segment. it has a geographic presence in Malaysia, the United States, Australia, Papua New Guinea, and other countries in which it generates the majority of its revenue from Malaysia.

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