Lim Seong Hai Capital Bhd (XKLS:0351) Inventory Turnover : -0.51 (As of Sep. 2024)

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What is Lim Seong Hai Capital 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. Lim Seong Hai Capital Bhd's Cost of Goods Sold for the six months ended in Sep. 2024 was RM-82.2 Mil. Lim Seong Hai Capital Bhd's Average Total Inventories for the quarter that ended in Sep. 2024 was RM160.2 Mil. Lim Seong Hai Capital Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 was -0.51.

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.

Lim Seong Hai Capital Bhd Inventory Turnover Historical Data

The historical data trend for Lim Seong Hai Capital 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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Lim Seong Hai Capital Bhd Inventory Turnover Chart

Lim Seong Hai Capital Bhd Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Inventory Turnover

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3.59

4.93

8.91

1.90

0.47

Lim Seong Hai Capital Bhd Semi-Annual Data
	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Inventory Turnover	Get a 7-Day Free Trial					4.77	6.82	0.97	1.03	-0.51

Lim Seong Hai Capital Bhd Inventory Turnover Calculation

Lim Seong Hai Capital Bhd's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

	Inventory Turnover (A: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2024 )	/ (	(Total Inventories (A: Sep. 2023 )	+	Total Inventories (A: Sep. 2024 ))	/	count )
=	80.08	/ (	(167.577	+	171.734)	/	2 )
=	80.08	/	169.6555
=	0.47

Lim Seong Hai Capital Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	-82.237	/ (	(148.57	+	171.734)	/	2 )
=	-82.237	/	160.152
=	-0.51

Lim Seong Hai Capital Bhd (XKLS:0351) 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.

Lim Seong Hai Capital Bhd's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	160.152	/	-82.237	*	365 / 2
	=

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.

Lim Seong Hai Capital Bhd's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	160.152	/	-71.091
	=

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.

Lim Seong Hai Capital Bhd Inventory Turnover Related Terms

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Lim Seong Hai Capital Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lim Seong Hai Capital Bhd (XKLS:0351) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Jalan Gombak, Wisma Lim Seong Hai, Kuala Lumpur, MYS, 53000

Website

https://www.limseonghai.com

Lim Seong Hai Capital Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the following reportable segments; distribution and retail of building materials, lighting products, and related mechanical and electrical products and services; wholesale and retail of hardware and tools, and rental of machinery; investment holding; business of construction; provision of construction and business-related services and solutions; and property development. Maximum revenue for the company is generated from its construction business segment, engaging in construction and engineering works, providing construction-related services and solutions, as well as supplying construction products.

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