Snowfit Group Bhd (XKLS:03054) Inventory Turnover: 2.03 (As of Mar. 2026)


What is Snowfit Group Bhd Inventory Turnover?

Snowfit Group Bhd XKLS:03054 Inventory Turnover is 2.03 as of Mar. 2026. The stock has 9 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. Snowfit Group Bhd's Cost of Goods Sold for the six months ended in Mar. 2026 was RM6.82 Mil. Snowfit Group Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM3.35 Mil. Snowfit Group Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Snowfit Group Bhd's Days Inventory for the six months ended in Mar. 2026 was 89.71.

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. Snowfit Group Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.25.

Snowfit Group Bhd  (XKLS:03054) 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.

Snowfit Group Bhd's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=3.352/6.819*365 / 2
=89.71

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.

Snowfit Group Bhd's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3.352 / 13.324
=0.25

* 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.

Snowfit Group Bhd Inventory Turnover Related Terms

Snowfit Group Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Snowfit Group 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.

Snowfit Group Bhd Inventory Turnover Chart

Snowfit Group Bhd Annual Data
Trend May20 May21 May23 May24
Inventory Turnover
8.17 15.85 5.74 3.69

Snowfit Group Bhd Semi-Annual Data
May20 May21 Nov22 May23 Nov23 May24 Nov24 May25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 1.90 1.96 2.16 2.12 2.03

Snowfit Group Bhd Inventory Turnover Calculation

Snowfit Group Bhd's Inventory Turnover for the fiscal year that ended in May. 2024 is calculated as

Inventory Turnover (A: May. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2024 ) / ((Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count )
=13.621 / ((3.355 + 4.027) / 2 )
=13.621 / 3.691
=3.69

Snowfit Group Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: May. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=6.819 / ((3.651 + 3.053) / 2 )
=6.819 / 3.352
=2.03

* 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 2.03 mean?
Snowfit Group Bhd (XKLS:03054) has a Inventory Turnover of 2.03 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Snowfit Group Bhd and its competitors.
Is Snowfit Group Bhd's Inventory Turnover too high?
Snowfit Group Bhd's current Inventory Turnover is 2.03.
How does Snowfit Group Bhd's Inventory Turnover compare to AAPL?
Snowfit Group Bhd's Inventory Turnover of 2.03 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 Snowfit Group Bhd and its competitors. Snowfit Group Bhd's current Inventory Turnover is 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snowfit Group Bhd stock overvalued right now?
Snowfit Group Bhd (XKLS:03054) has a current Inventory Turnover of 2.03. The stock's GF Value™ is RM0.24, compared to a current price of RM0.10 — trading 58.3% below its estimated fair value. The current Inventory Turnover is 2.03. 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 Snowfit Group Bhd (XKLS:03054), the current Inventory Turnover is 2.03 as of Mar. 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.

Snowfit Group Bhd Business Description

Address Jalan Balakong, Lot 33842-A, GM 6008, Balakong, SGR, MYS, 43200
Snowfit Group Bhd offers wellness and sporting goods including massage and fitness equipment. Its product offerings comprise of Massage Chairs, Treadmills, TableBIKE, Foot Massager, Portable Massager, and Eye Massager.