Cabnet Holdings Bhd (XKLS:0191) Inventory Turnover : 6.29 (As of Nov. 2024)

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What is Cabnet 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. Cabnet Holdings Bhd's Cost of Goods Sold for the three months ended in Nov. 2024 was RM22.5 Mil. Cabnet Holdings Bhd's Average Total Inventories for the quarter that ended in Nov. 2024 was RM3.6 Mil. Cabnet Holdings Bhd's Inventory Turnover for the quarter that ended in Nov. 2024 was 6.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cabnet Holdings Bhd's Days Inventory for the three months ended in Nov. 2024 was 14.51.

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. Cabnet Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Nov. 2024 was 0.13.

Cabnet Holdings Bhd Inventory Turnover Historical Data

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

Cabnet Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Feb24

Inventory Turnover

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12.80

27.66

17.07

25.88

66.18

Cabnet Holdings Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Inventory Turnover	Get a 7-Day Free Trial															23.92	20.34	15.68	12.36	6.29

Cabnet Holdings Bhd Inventory Turnover Calculation

Cabnet Holdings Bhd's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

	Inventory Turnover (A: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2024 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Feb. 2024 ))	/	count )
=	181.2	/ (	(2.556	+	2.92)	/	2 )
=	181.2	/	2.738
=	66.18

Cabnet Holdings Bhd's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

	Inventory Turnover (Q: Nov. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2024 )	/ (	(Total Inventories (Q: Aug. 2024 )	+	Total Inventories (Q: Nov. 2024 ))	/	count )
=	22.453	/ (	(3.87	+	3.269)	/	2 )
=	22.453	/	3.5695
=	6.29

Cabnet Holdings Bhd (XKLS:0191) 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.

Cabnet Holdings Bhd's Days Inventory for the three months ended in Nov. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2024 )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
	=	3.5695	/	22.453	*	365 / 4
	=	14.51

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.

Cabnet Holdings Bhd's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2024 )	/	Revenue (Q: Nov. 2024 )
	=	3.5695	/	26.666
	=	0.13

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.

Cabnet Holdings Bhd Inventory Turnover Related Terms

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Cabnet Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cabnet Holdings Bhd (XKLS:0191) » Definitions » Inventory Turnover

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Address

No. 18 (PLO 184) Jalan Angkasa Mas 6, Kawasan Perindustrian Tebrau II, Johor Bahru, MYS, 81100

Website

https://www.cabnet.asia

Cabnet Holdings Bhd is a company principally involved in the provision of building management solutions. The company is engaged in the provision of mechanical works, electrical works, Structured Cabling works; ELV Systems, and Information Technology Services. Structured Cabling includes Network System Design and Installation; Cable Testing, Labelling, and Certification; Fiber Optics Installation and Termination and Professional Cable Installation and Termination. ELV Systems includes an Access Control System; CCTV System; Cabinet Integrated Security Solution; Intercom System; SMATV/MATV, and PA System. The IT Services include Server Virtualization; Data Centre Solutions; Enterprise Messaging solutions and others.

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