Kim Hin Joo (Malaysia) Bhd (XKLS:0210) Inventory Turnover : 0.28 (As of Dec. 2023)

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What is Kim Hin Joo (Malaysia) 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. Kim Hin Joo (Malaysia) Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM14.95 Mil. Kim Hin Joo (Malaysia) Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM52.86 Mil. Kim Hin Joo (Malaysia) Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kim Hin Joo (Malaysia) Bhd's Days Inventory for the three months ended in Dec. 2023 was 322.77.

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. Kim Hin Joo (Malaysia) Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.16.

Kim Hin Joo (Malaysia) Bhd Inventory Turnover Historical Data

The historical data trend for Kim Hin Joo (Malaysia) 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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Kim Hin Joo (Malaysia) Bhd Inventory Turnover Chart

Kim Hin Joo (Malaysia) Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.45

1.11

0.97

0.94

Kim Hin Joo (Malaysia) Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.27	0.23	0.21	0.23	0.28

Kim Hin Joo (Malaysia) Bhd Inventory Turnover Calculation

Kim Hin Joo (Malaysia) Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	53.379	/ (	(61.746	+	52.355)	/	2 )
=	53.379	/	57.0505
=	0.94

Kim Hin Joo (Malaysia) Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	14.945	/ (	(53.371	+	52.355)	/	2 )
=	14.945	/	52.863
=	0.28

Kim Hin Joo (Malaysia) Bhd (XKLS:0210) 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.

Kim Hin Joo (Malaysia) Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	52.863	/	14.945	*	365 / 4
	=	322.77

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.

Kim Hin Joo (Malaysia) Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	52.863	/	24.488
	=	2.16

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.

Kim Hin Joo (Malaysia) Bhd Inventory Turnover Related Terms

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Kim Hin Joo (Malaysia) Bhd (XKLS:0210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kim Hin Joo (Malaysia) Bhd (XKLS:0210) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Perindustrian Balakong Jaya 1 /3, Lot 5205C, Wisma Pang Cheng Yean, Kawasan Perindustrian Balakong Jaya, Seri Kembangan, SGR, MYS, 43300

Website

https://www.khj-my.com

Kim Hin Joo (Malaysia) Bhd is principally involved in the retail and distribution of baby, children, and maternity products. The firm operates through two segments. The Retail segment engages in the retailing of babies, children, and maternity products. The Distribution segment comprises of distribution of children and maternity products. The group operates primarily in Malaysia.

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