Myaxis Group Bhd (XKLS:03064) Inventory Turnover: 28.82 (As of Jan. 2026)

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XKLS:03064 Myaxis Group Bhd XKLS:03064
13 GF Score
Price RM0.12
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What is Myaxis Group Bhd Inventory Turnover?

Myaxis Group Bhd XKLS:03064 13 Inventory Turnover is 28.82 as of Jan. 2026. GuruFocus rates XKLS:03064 with a GF Score™ of 13/100.

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. Myaxis Group Bhd's Cost of Goods Sold for the six months ended in Jan. 2026 was RM115.1 Mil. Myaxis Group Bhd's Average Total Inventories for the quarter that ended in Jan. 2026 was RM4.0 Mil. Myaxis Group Bhd's Inventory Turnover for the quarter that ended in Jan. 2026 was 28.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Myaxis Group Bhd's Days Inventory for the six months ended in Jan. 2026 was 6.33.

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. Myaxis Group Bhd's Inventory-to-Revenue for the quarter that ended in Jan. 2026 was 0.03.


Myaxis Group Bhd  (XKLS:03064) 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.

Myaxis Group 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
=3.994/115.094*365 / 2
=6.33

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.

Myaxis Group 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 )
=3.994 / 121.175
=0.03

* 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.


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.


Myaxis Group Bhd Inventory Turnover Related Terms


Myaxis Group Bhd Inventory Turnover Historical Data

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The historical data trend for Myaxis 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.

Myaxis Group Bhd Inventory Turnover Chart

Myaxis Group Bhd Annual Data
Trend Jul23 Jul24 Jul25
Inventory Turnover
45.78 42.90 59.57

Myaxis Group Bhd Semi-Annual Data
Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Inventory Turnover Get a 7-Day Free Trial 19.67 23.40 17.15 28.63 28.82
XKLS:03064
13GF Score
Myaxis Group Bhd XKLS:03064
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Myaxis Group Bhd Inventory Turnover Calculation

Myaxis Group 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 )
=180.461 / ((2.638 + 3.421) / 2 )
=180.461 / 3.0295
=59.57

Myaxis Group 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 )
=115.094 / ((3.421 + 4.567) / 2 )
=115.094 / 3.994
=28.82

* 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 28.82 mean?
Myaxis Group Bhd (XKLS:03064) has a Inventory Turnover of 28.82 as of Jan. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Myaxis Group Bhd and its competitors.
Is Myaxis Group Bhd's Inventory Turnover too high?
Myaxis Group Bhd's current Inventory Turnover is 28.82. Overall, Myaxis Group Bhd has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Myaxis Group Bhd's Inventory Turnover compare to SYY and USFD?
Myaxis Group Bhd's Inventory Turnover of 28.82 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Inventory Turnover depends on the Retail - Defensive 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 Myaxis Group Bhd and its competitors. Myaxis Group Bhd's current Inventory Turnover is 28.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myaxis Group Bhd stock overvalued right now?
Myaxis Group Bhd (XKLS:03064) has a current Inventory Turnover of 28.82. The current Inventory Turnover is 28.82. Myaxis Group Bhd's overall GF Score™ is 13/100. 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 Myaxis Group Bhd (XKLS:03064), the current Inventory Turnover is 28.82 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.

Myaxis Group Bhd Business Description

Address Jalan Tandop 5, B72 & B73, Taman Perindustrian Tandop Utama, Lebuhraya Sultanah Bahiyah, Alor Setar, KDH, MYS, 05050
Myaxis Group Bhd is involved in the sourcing and distribution of frozen meat products. It also sources and distributes other types of meat, including frozen red meat products (namely beef, buffalo, lamb and mutton products). Its processed meat products are processed at its processing facility in Alor Setar, Kedah. The company also source and distribute other frozen food products such as frozen seafood, as and when requested by its customers.
13GF Score

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