Sedania Innovator Bhd (XKLS:0178) Inventory Turnover: 0.62 (As of Jun. 2024)


What is Sedania Innovator Bhd Inventory Turnover?

Sedania Innovator Bhd XKLS:0178 Inventory Turnover is 0.62 as of Jun. 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. Sedania Innovator Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM3.96 Mil. Sedania Innovator Bhd's Average Total Inventories for the quarter that ended in Jun. 2024 was RM6.34 Mil. Sedania Innovator Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sedania Innovator Bhd's Days Inventory for the three months ended in Jun. 2024 was 146.30.

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. Sedania Innovator Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.45.

Sedania Innovator Bhd  (XKLS:0178) 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.

Sedania Innovator Bhd's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=6.3425/3.956*365 / 4
=146.30

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.

Sedania Innovator Bhd's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=6.3425 / 14.207
=0.45

* 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.

Sedania Innovator Bhd Inventory Turnover Related Terms

Sedania Innovator Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Sedania Innovator 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.

Sedania Innovator Bhd Inventory Turnover Chart

Sedania Innovator Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial 821.63 495.82 2,346.86 6.54 4.85

Sedania Innovator Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24
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 0.68 0.75 0.99 1.70 0.62

Sedania Innovator Bhd Inventory Turnover Calculation

Sedania Innovator Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=26.845 / ((3.979 + 7.094) / 2 )
=26.845 / 5.5365
=4.85

Sedania Innovator Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count )
=3.956 / ((6.834 + 5.851) / 2 )
=3.956 / 6.3425
=0.62

* 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 0.62 mean?
Sedania Innovator Bhd (XKLS:0178) has a Inventory Turnover of 0.62 as of Jun. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Sedania Innovator Bhd and its competitors.
Is Sedania Innovator Bhd's Inventory Turnover too high?
Sedania Innovator Bhd's current Inventory Turnover is 0.62.
How does Sedania Innovator Bhd's Inventory Turnover compare to PG and CL?
Sedania Innovator Bhd's Inventory Turnover of 0.62 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Sedania Innovator Bhd and its competitors. Sedania Innovator Bhd's current Inventory Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sedania Innovator Bhd stock overvalued right now?
Sedania Innovator Bhd (XKLS:0178) has a current Inventory Turnover of 0.62. The current Inventory Turnover is 0.62. 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 Sedania Innovator Bhd (XKLS:0178), the current Inventory Turnover is 0.62 as of Jun. 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.

Sedania Innovator Bhd Business Description

Address Jalan SS6/2, Level 7, 10 and 11, Kelana Parkview Tower, Petaling Jaya, SGR, MYS, 47301
Sedania Innovator Bhd is an investment holding company. Along with its subsidiaries, the company provides energy efficiency and renewable energy solutions, digital and telecommunication solutions, Shariah-compliant banking platforms, and health products. It operates in the following reportable segments: Sustainable fast-moving consumer goods (FMCG), Sustainable Energy, and Sustainable consumer technology. Maximum revenue is generated from its Sustainable FMCG segment, which offers essential, eco-friendly products focused on mother care, healthcare, personal care, household, and baby products designed for health-conscious families. Geographically, the company derives a majority of its revenue from Malaysia and the rest from Europe, Other Asian countries, and other regions.