Ocean Vantage Holdings Bhd (XKLS:0220) Inventory Turnover: 65.90 (As of Mar. 2026)


XKLS:0220 Ocean Vantage Holdings Bhd XKLS:0220
53 GF Score
Price RM0.25
GF Value RM0.13
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ocean Vantage Holdings Bhd Inventory Turnover?

Ocean Vantage Holdings Bhd XKLS:0220 53 Inventory Turnover is 65.90 as of Mar. 2026. GuruFocus rates XKLS:0220 with a GF Score™ of 53/100 and a GF Value™ of RM0.13 (Significantly Overvalued). The stock has 7 warning signs investors should review.

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. Ocean Vantage Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM19.7 Mil. Ocean Vantage Holdings Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM0.3 Mil. Ocean Vantage Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 65.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ocean Vantage Holdings Bhd's Days Inventory for the three months ended in Mar. 2026 was 1.38.

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. Ocean Vantage Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.


Ocean Vantage Holdings Bhd  (XKLS:0220) 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.

Ocean Vantage Holdings Bhd's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=0.2985/19.671*365 / 4
=1.38

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.

Ocean Vantage Holdings Bhd's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.2985 / 24.092
=0.01

* 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.


Ocean Vantage Holdings Bhd Inventory Turnover Related Terms


Ocean Vantage Holdings Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ocean Vantage 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.

Ocean Vantage Holdings Bhd Inventory Turnover Chart

Ocean Vantage Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 605.94 442.02 421.55 328.42 256.84

Ocean Vantage Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 64.61 73.40 70.45 60.09 65.90
XKLS:0220
53GF Score
Ocean Vantage Holdings Bhd XKLS:0220
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Vantage Holdings Bhd Inventory Turnover Calculation

Ocean Vantage Holdings Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=83.343 / ((0.358 + 0.291) / 2 )
=83.343 / 0.3245
=256.84

Ocean Vantage Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=19.671 / ((0.291 + 0.306) / 2 )
=19.671 / 0.2985
=65.90

* 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 65.90 mean?
Ocean Vantage Holdings Bhd (XKLS:0220) has a Inventory Turnover of 65.90 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ocean Vantage Holdings Bhd and its competitors.
Is Ocean Vantage Holdings Bhd's Inventory Turnover too high?
Ocean Vantage Holdings Bhd's current Inventory Turnover is 65.90. Overall, Ocean Vantage Holdings Bhd has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Vantage Holdings Bhd's Inventory Turnover compare to SLB and BKR?
Ocean Vantage Holdings Bhd's Inventory Turnover of 65.90 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas 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 Ocean Vantage Holdings Bhd and its competitors. Ocean Vantage Holdings Bhd's current Inventory Turnover is 65.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Vantage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd (XKLS:0220) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.25 — trading 92.3% above its estimated fair value. The current Inventory Turnover is 65.90. Ocean Vantage Holdings Bhd's overall GF Score™ is 53/100 with 7 warning signs to review. 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 Ocean Vantage Holdings Bhd (XKLS:0220), the current Inventory Turnover is 65.90 as of Mar. 2026. 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.

Is Ocean Vantage Holdings Bhd (XKLS:0220) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd stock appears to be overvalued. The current stock price of RM0.25 is trading 92.3% above its estimated GF Value™ of RM0.13. GuruFocus considers Ocean Vantage Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0220:

  • Inventory Turnover: 65.90
  • GF Value™: RM0.13 vs. price of RM0.25 (92.3% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the XKLS:0220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Vantage Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Block 11, Jalan Tudan, Lot 6073 and 6074, 1st and 2nd Floor, Kuala Baram Land District, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000
Ocean Vantage Holdings Bhd, along with its subsidiaries, is engaged in the provision of support services for the oil and gas industry, where it supports both the upstream and downstream oil and gas activities. The Group operates through four segments: Engineering, procurement, and construction (EPC) and Project management; Supply of manpower; Supply of materials, tools, and equipment; and Drilling rig charter. Maximum revenue is derived from the Supply of manpower segment, which delivers tailored manpower solutions to the oil and gas sector by providing end-to-end manpower services, from sourcing and screening to onboarding and workforce management, at every stage of the project. Geographically, the Group generates maximum revenue from the local market and also has an overseas presence.
53GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.25
Price
RM0.13
GF Value