Smart Asia Chemical Bhd (XKLS:0306) Inventory Turnover: 0.66 (As of Mar. 2026)


XKLS:0306 Smart Asia Chemical Bhd XKLS:0306
31 GF Score
Price RM0.17
! 7 Warning Signs
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What is Smart Asia Chemical Bhd Inventory Turnover?

Smart Asia Chemical Bhd XKLS:0306 31 Inventory Turnover is 0.66 as of Mar. 2026. GuruFocus rates XKLS:0306 with a GF Score™ of 31/100. The stock has 7 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. Smart Asia Chemical Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM17.76 Mil. Smart Asia Chemical Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM26.81 Mil. Smart Asia Chemical Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Smart Asia Chemical Bhd's Days Inventory for the three months ended in Mar. 2026 was 137.76.

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. Smart Asia Chemical Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.98.

Smart Asia Chemical Bhd  (XKLS:0306) 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.

Smart Asia Chemical Bhd's Days Inventory for the three 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
=26.812/17.76*365 / 4
=137.76

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.

Smart Asia Chemical 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 )
=26.812 / 27.316
=0.98

* 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.

Smart Asia Chemical Bhd Inventory Turnover Related Terms

Smart Asia Chemical Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Smart Asia Chemical 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.

Smart Asia Chemical Bhd Inventory Turnover Chart

Smart Asia Chemical Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 2.30 2.27 2.49 2.69 2.49

Smart Asia Chemical Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.68 0.57 0.65 0.66
XKLS:0306
31GF Score
Smart Asia Chemical Bhd XKLS:0306
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Asia Chemical Bhd Inventory Turnover Calculation

Smart Asia Chemical Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=62.748 / ((24.108 + 26.345) / 2 )
=62.748 / 25.2265
=2.49

Smart Asia Chemical 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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=17.76 / ((26.345 + 27.279) / 2 )
=17.76 / 26.812
=0.66

* 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 0.66 mean?
Smart Asia Chemical Bhd (XKLS:0306) has a Inventory Turnover of 0.66 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Smart Asia Chemical Bhd and its competitors.
Is Smart Asia Chemical Bhd's Inventory Turnover too high?
Smart Asia Chemical Bhd's current Inventory Turnover is 0.66. Overall, Smart Asia Chemical Bhd has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Smart Asia Chemical Bhd's Inventory Turnover compare to LIN and SHW?
Smart Asia Chemical Bhd's Inventory Turnover of 0.66 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 Smart Asia Chemical Bhd and its competitors. Smart Asia Chemical Bhd's current Inventory Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Asia Chemical Bhd stock overvalued right now?
Smart Asia Chemical Bhd (XKLS:0306) has a current Inventory Turnover of 0.66. The current Inventory Turnover is 0.66. Smart Asia Chemical Bhd's overall GF Score™ is 31/100 with 7 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 Smart Asia Chemical Bhd (XKLS:0306), the current Inventory Turnover is 0.66 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.

Smart Asia Chemical Bhd Business Description

Address No. 11, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
Smart Asia Chemical Bhd is an investment holding company. Through its subsidiaries, it is involved in the development, manufacturing, distribution, and sale of decorative paints and protective coatings for household and industrial applications. Also involved in the development, manufacturing, distribution and sale of related products, namely colourants, and binding and coating chemicals; sale and trading of painting tools and accessories, aerosol spray paints and other related products to complement decorative paints and protective coatings offerings, ODM services of decorative paints, protective coatings as well as binding and coating chemicals for third party brand owners. Company has three segments manufacturing, sale and trading and other.
31GF Score

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

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