CE Technology Bhd (XKLS:03024) Inventory Turnover: 1.95 (As of Jan. 2026)


XKLS:03024 CE Technology Bhd XKLS:03024
77 GF Score
Price RM0.85
GF Value RM1.65
Valuation Significantly Undervalued
! 2 Warning Signs
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What is CE Technology Bhd Inventory Turnover?

CE Technology Bhd XKLS:03024 77 Inventory Turnover is 1.95 as of Jan. 2026. GuruFocus rates XKLS:03024 with a GF Score™ of 77/100 and a GF Value™ of RM1.65 (Significantly Undervalued). The stock has 2 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. CE Technology Bhd's Cost of Goods Sold for the six months ended in Jan. 2026 was RM39.5 Mil. CE Technology Bhd's Average Total Inventories for the quarter that ended in Jan. 2026 was RM20.2 Mil. CE Technology Bhd's Inventory Turnover for the quarter that ended in Jan. 2026 was 1.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CE Technology Bhd's Days Inventory for the six months ended in Jan. 2026 was 93.44.

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. CE Technology Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 0.38.

CE Technology Bhd  (XKLS:03024) 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.

CE Technology Bhd's Days Inventory for the six months ended in Jan. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jan. 2026 )/Cost of Goods Sold (Q: Jan. 2026 )*Days in Period
=20.2455/39.541*365 / 2
=93.44

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.

CE Technology Bhd's Inventory to Revenue for the quarter that ended in Jan. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2026 ) / Revenue (Q: Jan. 2026 )
=20.2455 / 53.297
=0.38

* 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.

CE Technology Bhd Inventory Turnover Related Terms

CE Technology Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for CE Technology 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.

CE Technology Bhd Inventory Turnover Chart

CE Technology Bhd Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 4.44 3.80 3.63 4.17

CE Technology Bhd Semi-Annual Data
Jul16 Jul17 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 1.88 1.97 2.24 2.15 1.95
XKLS:03024
77GF Score
CE Technology Bhd XKLS:03024
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CE Technology Bhd Inventory Turnover Calculation

CE Technology Bhd's Inventory Turnover for the fiscal year that ended in Jul. 2025 is calculated as

Inventory Turnover (A: Jul. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jul. 2025 ) / ((Total Inventories (A: Jul. 2024 ) + Total Inventories (A: Jul. 2025 )) / count )
=79.537 / ((17.512 + 20.616) / 2 )
=79.537 / 19.064
=4.17

CE Technology Bhd's Inventory Turnover for the quarter that ended in Jan. 2026 is calculated as

Inventory Turnover (Q: Jan. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jan. 2026 ) / ((Total Inventories (Q: Jul. 2025 ) + Total Inventories (Q: Jan. 2026 )) / count )
=39.541 / ((20.616 + 19.875) / 2 )
=39.541 / 20.2455
=1.95

* 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 1.95 mean?
CE Technology Bhd (XKLS:03024) has a Inventory Turnover of 1.95 as of Jan. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on CE Technology Bhd and its competitors.
Is CE Technology Bhd's Inventory Turnover too high?
CE Technology Bhd's current Inventory Turnover is 1.95. Overall, CE Technology Bhd has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CE Technology Bhd's Inventory Turnover compare to LIN and SHW?
CE Technology Bhd's Inventory Turnover of 1.95 can be compared against companies in the Chemicals 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 a Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 CE Technology Bhd and its competitors. CE Technology Bhd's current Inventory Turnover is 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CE Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, CE Technology Bhd (XKLS:03024) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.65, compared to a current price of RM0.85 — trading 48.5% below its estimated fair value. The current Inventory Turnover is 1.95. CE Technology Bhd's overall GF Score™ is 77/100 with 2 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 CE Technology Bhd (XKLS:03024), the current Inventory Turnover is 1.95 as of Jan. 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 CE Technology Bhd (XKLS:03024) Overvalued in 2026?

Based on GuruFocus' analysis, CE Technology Bhd stock appears to be undervalued. The current stock price of RM0.85 is trading 48.5% below its estimated GF Value™ of RM1.65. GuruFocus considers CE Technology Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:03024:

  • Inventory Turnover: 1.95
  • GF Value™: RM1.65 vs. price of RM0.85 (48.5% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the XKLS:03024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CE Technology Bhd Business Description

Address 11528, Jalan Logam 4, Kawasan Perindustrian Kamunting Raya, West Malaysia, Taiping, PRK, MYS, 34600
CE Technology Bhd is principally engaged in the research, development, post-processing, manufacturing, and sales of cleanroom gloves. It mainly serves the needs of the high-end critical environment industries such as disk drives, semiconductors, electronic devices, flat panels, biotech, medical devices, pharmaceutical, and aerospace manufacturing industries. Geographically, it earns revenues from Malaysia, ASEAN, Europe, the USA, Japan, China, and Others. The company earns maximum revenue from the USA.
77GF Score

Get the complete analysis for XKLS:03024

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

RM0.85
Price
RM1.65
GF Value