Leform Bhd (XKLS:0266) Inventory Turnover : 0.00 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Leform 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. Leform Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM0.0 Mil. Leform Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM241.1 Mil. Leform Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. Leform Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.25.

Leform Bhd Inventory Turnover Historical Data

The historical data trend for Leform 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.

Leform Bhd Inventory Turnover Chart

Leform Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

2.28

2.82

2.90

1.25

0.93

Leform Bhd Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	-	-

Leform Bhd Inventory Turnover Calculation

Leform 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 )
=	356.774	/ (	(457.72	+	311.64)	/	2 )
=	356.774	/	384.68
=	0.93

Leform Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(311.64	+	170.474)	/	2 )
=	0	/	241.057
=	0.00

Leform Bhd (XKLS:0266) 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.

Leform Bhd's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	241.057	/	0	*	365 / 4
	=

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.

Leform Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	241.057	/	106.902
	=	2.25

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.

Leform Bhd Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Leform Bhd's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Leform Bhd (XKLS:0266) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Leform Bhd (XKLS:0266) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

PT 16077 & PT16078, Jalan Kesidang 4, Kawasan Perindustrian Sungai Choh, Serendah, SGR, MYS, 48200

Website

https://www.leformgroup.com.my

Leform Bhd is involved in the manufacturing of and trading in steel products. The company's product portfolio includes Round Steel Pipe, Cold Rolled Pipe, Hollow Section Pipes, Cold Drawn Pipe, and Steel Plate Slit Coil. The Group's products are used in various end-user industries including furniture, construction as well as industrial product manufacturing industries (which includes automotive parts and telecommunication tower pole part manufacturing).

Leform Bhd (XKLS:0266) Headlines

No Headlines