SMTrack Bhd (XKLS:0169) Inventory Turnover: 0.13 (As of Dec. 2024)


What is SMTrack Bhd Inventory Turnover?

SMTrack Bhd XKLS:0169 Inventory Turnover is 0.13 as of Dec. 2024.

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. SMTrack Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM0.62 Mil. SMTrack Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM4.67 Mil. SMTrack Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SMTrack Bhd's Days Inventory for the three months ended in Dec. 2024 was 683.72.

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. SMTrack Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.22.

SMTrack Bhd  (XKLS:0169) 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.

SMTrack 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
=4.668/0.623*365 / 4
=683.72

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.

SMTrack 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 )
=4.668 / 2.102
=2.22

* 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.

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.

SMTrack Bhd Inventory Turnover Related Terms

SMTrack Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for SMTrack 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.

SMTrack Bhd Inventory Turnover Chart

SMTrack Bhd Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Mar15 Jul17 Jul18 Jul19
Inventory Turnover
Get a 7-Day Free Trial 9.73 0.00 4.64 0.00 0.00

SMTrack Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.22 0.28 0.21 0.13

SMTrack Bhd Inventory Turnover Calculation

SMTrack Bhd's Inventory Turnover for the fiscal year that ended in Jul. 2019 is calculated as

Inventory Turnover (A: Jul. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2019 ) / ((Total Inventories (A: Jul. 2018 ) + Total Inventories (A: Jul. 2019 )) / count )
=0.006 / ((0 + 0) / 1 )
=0.006 / 0
=N/A

SMTrack 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 )
=0.623 / ((9.165 + 0.171) / 2 )
=0.623 / 4.668
=0.13

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.13 mean?
SMTrack Bhd (XKLS:0169) has a Inventory Turnover of 0.13 as of Dec. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SMTrack Bhd and its competitors.
Is SMTrack Bhd's Inventory Turnover too high?
SMTrack Bhd's current Inventory Turnover is 0.13.
How does SMTrack Bhd's Inventory Turnover compare to IBM and ACN?
SMTrack Bhd's Inventory Turnover of 0.13 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Software company?
A good Inventory Turnover depends on the Software industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SMTrack Bhd and its competitors. SMTrack Bhd's current Inventory Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMTrack Bhd stock overvalued right now?
SMTrack Bhd (XKLS:0169) has a current Inventory Turnover of 0.13. The current Inventory Turnover is 0.13. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For SMTrack Bhd (XKLS:0169), the current Inventory Turnover is 0.13 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SMTrack Bhd Business Description

Address Unit 29-7, The Bouvelard, Mid Valley City, 7th Floor, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
SMTrack Bhd is engaged in a track and trace solutions provider that utilizes Radio Frequency Identification (RFID). It involves the design, deployment, and distribution of radiofrequency identity tags and other tagging solutions using information technology. It also offers the provision of training, maintenance, and consultancy services. The company is engaged in the Investment holding and others segment, the Delivery segment, and the Beauty and wellness segment. It derives the majority of its revenues from the Beauty and wellness segment.