MYMBN Bhd (XKLS:0280) Inventory Turnover : 1.36 (As of Dec. 2024)

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What is MYMBN 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. MYMBN Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM12.41 Mil. MYMBN Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM9.12 Mil. MYMBN Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MYMBN Bhd's Days Inventory for the three months ended in Dec. 2024 was 67.04.

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. MYMBN Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.88.

MYMBN Bhd Inventory Turnover Historical Data

The historical data trend for MYMBN 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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MYMBN Bhd Inventory Turnover Chart

MYMBN Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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13.75

19.32

12.55

10.10

9.59

MYMBN Bhd Quarterly Data
	Dec19	Dec20	Dec21	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial						1.93	2.06	1.47	0.87	1.36

MYMBN Bhd Inventory Turnover Calculation

MYMBN 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 )
=	62.733	/ (	(7.792	+	5.292)	/	2 )
=	62.733	/	6.542
=	9.59

MYMBN 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 )
=	12.414	/ (	(12.948	+	5.292)	/	2 )
=	12.414	/	9.12
=	1.36

MYMBN Bhd (XKLS:0280) 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.

MYMBN 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
	=	9.12	/	12.414	*	365 / 4
	=	67.04

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.

MYMBN 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 )
	=	9.12	/	10.39
	=	0.88

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.

MYMBN Bhd Inventory Turnover Related Terms

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MYMBN Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MYMBN Bhd (XKLS:0280) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Jalan Melaka Raya 26, Nos. 17, 19, 21, 23 and 25, Taman Melaka Raya, Melaka, MLA, MYS, 75000

Website

https://www.mymbn.com.my

MYMBN Bhd is a company that is primarily engaged in the processing and sale of Edible Bird's Nest, focusing specifically on Raw uncleaned edible bird's nests. The Company operates predominantly in one business segment in Malaysia. The processing of MYMBN's products is conducted in-house at the group's facility in Taman Melaka Raya, Melaka, Malaysia. The operations are backed by a comprehensive suite of certifications. The primary market for MYMBN's RUCEBN products is China, supplemented by domestic sales in Malaysia and Vietnam.

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