PT Resources Holdings Bhd (XKLS:0260) Inventory Turnover : 9.46 (As of Jan. 2024)

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What is PT Resources 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. PT Resources Holdings Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM141.7 Mil. PT Resources Holdings Bhd's Average Total Inventories for the quarter that ended in Jan. 2024 was RM15.0 Mil. PT Resources Holdings Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 was 9.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PT Resources Holdings Bhd's Days Inventory for the three months ended in Jan. 2024 was 9.65.

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. PT Resources Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.09.

PT Resources Holdings Bhd Inventory Turnover Historical Data

The historical data trend for PT Resources 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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PT Resources Holdings Bhd Inventory Turnover Chart

PT Resources Holdings Bhd Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Inventory Turnover

15.81

25.21

23.83

31.39

45.72

PT Resources Holdings Bhd Quarterly Data
	Apr19	Apr20	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial								19.42	20.12	16.86	7.24	9.46

PT Resources Holdings Bhd Inventory Turnover Calculation

PT Resources Holdings Bhd's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Inventory Turnover (A: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2023 )	/ (	(Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )
=	439.531	/ (	(11.623	+	7.606)	/	2 )
=	439.531	/	9.6145
=	45.72

PT Resources Holdings Bhd's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	141.684	/ (	(18.593	+	11.368)	/	2 )
=	141.684	/	14.9805
=	9.46

PT Resources Holdings Bhd (XKLS:0260) 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.

PT Resources Holdings Bhd's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	14.9805	/	141.684	*	365 / 4
	=	9.65

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.

PT Resources Holdings Bhd's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	14.9805	/	165.038
	=	0.09

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.

PT Resources Holdings Bhd Inventory Turnover Related Terms

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PT Resources Holdings Bhd (XKLS:0260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Resources Holdings Bhd (XKLS:0260) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pengaturcara U1/51A, Unit K3-5-12, Tower 3, UOA Business Park, Section U1 Kawasan Perindustrian Temasya, Darul Eh, Shah Alam, SGR, MYS, 40150

Website

https://www.ptresourcesgroup.com.my

PT Resources Holdings Bhd is principally involved in the processing and trading of frozen seafood products as well as retail trading of meat and non-meat products. It operates in two segments namely processing and trading of frozen seafood products which generates maximum revenue for the company and another segment is Trading of other products.

PT Resources Holdings Bhd (XKLS:0260) Headlines

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