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Qes Group Bhd (XKLS:0196) Inventory Turnover : 1.91 (As of Dec. 2024)


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What is Qes Group 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. Qes Group Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM65.4 Mil. Qes Group Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM34.2 Mil. Qes Group Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Qes Group Bhd's Days Inventory for the three months ended in Dec. 2024 was 47.71.

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. Qes Group Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.39.


Qes Group Bhd Inventory Turnover Historical Data

The historical data trend for Qes Group 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.

* Premium members only.

Qes Group Bhd Inventory Turnover Chart

Qes Group Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.14 8.65 8.07 5.76 6.12

Qes Group 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 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 1.37 1.23 1.28 1.10 1.91

Qes Group Bhd Inventory Turnover Calculation

Qes Group Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=201.485 / ((35.2 + 30.664) / 2 )
=201.485 / 32.932
=6.12

Qes Group 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 )
=65.437 / ((37.765 + 30.664) / 2 )
=65.437 / 34.2145
=1.91

* 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.


Qes Group Bhd  (XKLS:0196) 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.

Qes Group 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
=34.2145/65.437*365 / 4
=47.71

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.

Qes Group 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 )
=34.2145 / 86.783
=0.39

* 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.


Qes Group Bhd Inventory Turnover Related Terms

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Qes Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Jururancang U1/21, HICOM Glenmarie Industrial Park, Seksyen U1, Shah Alam, SGR, MYS, 40150
Qes Group Bhd is a Malaysia-based investment holding. The company has three business segments. The Equipment Distribution segment includes marketing and servicing of scientific instruments. The materials and Engineering solutions distribution segment includes trading and servicing of industrial parts, equipment, and scientific instruments. The manufacturing division includes manufacturing, trading, and servicing industrial parts and equipment and providing a vision software solution for automated equipment. It generates maximum revenue from the Equipment distribution segment. The company's geographical segment includes Malaysia, Singapore, Vietnam, Thailand, Philippines, Indonesia, China, Portugal, Czech Republic, Morocco, Taiwan, Malta, Lao People's Democratic Republic and Others.

Qes Group Bhd Headlines

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