Ocean Fresh Bhd (XKLS:0312) Inventory Turnover: 1.65 (As of Mar. 2026)

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XKLS:0312 Ocean Fresh Bhd XKLS:0312
35 GF Score
Price RM0.13
! 5 Warning Signs
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What is Ocean Fresh Bhd Inventory Turnover?

Ocean Fresh Bhd XKLS:0312 -10.34% 35 Inventory Turnover is 1.65 as of Mar. 2026. GuruFocus rates XKLS:0312 with a GF Score™ of 35/100. The stock has 5 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. Ocean Fresh Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM26.4 Mil. Ocean Fresh Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM16.0 Mil. Ocean Fresh Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ocean Fresh Bhd's Days Inventory for the three months ended in Mar. 2026 was 55.26.

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. Ocean Fresh Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.55.

Ocean Fresh Bhd  (XKLS:0312) 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.

Ocean Fresh 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
=15.989/26.403*365 / 4
=55.26

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.

Ocean Fresh 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 )
=15.989 / 29.098
=0.55

* 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.

Ocean Fresh Bhd Inventory Turnover Related Terms

Ocean Fresh Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ocean Fresh 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.

Ocean Fresh Bhd Inventory Turnover Chart

Ocean Fresh Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 9.29 10.23 7.22 5.65 7.01

Ocean Fresh 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 1.87 3.64 1.67 1.68 1.65
XKLS:0312
35GF Score
Ocean Fresh Bhd XKLS:0312
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Fresh Bhd Inventory Turnover Calculation

Ocean Fresh 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 )
=145.226 / ((24.067 + 17.347) / 2 )
=145.226 / 20.707
=7.01

Ocean Fresh 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 )
=26.403 / ((17.347 + 14.631) / 2 )
=26.403 / 15.989
=1.65

* 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 1.65 mean?
Ocean Fresh Bhd (XKLS:0312) has a Inventory Turnover of 1.65 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ocean Fresh Bhd and its competitors.
Is Ocean Fresh Bhd's Inventory Turnover too high?
Ocean Fresh Bhd's current Inventory Turnover is 1.65. Overall, Ocean Fresh Bhd has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Ocean Fresh Bhd's Inventory Turnover compare to KHC and GIS?
Ocean Fresh Bhd's Inventory Turnover of 1.65 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Ocean Fresh Bhd and its competitors. Ocean Fresh Bhd's current Inventory Turnover is 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Fresh Bhd stock overvalued right now?
Ocean Fresh Bhd (XKLS:0312) has a current Inventory Turnover of 1.65. The current Inventory Turnover is 1.65. Ocean Fresh Bhd's overall GF Score™ is 35/100 with 5 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 Ocean Fresh Bhd (XKLS:0312), the current Inventory Turnover is 1.65 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.

Ocean Fresh Bhd Business Description

Address Lot 19869, Kampung Baru Peramu, Kuantan, PHG, MYS, 26060
Ocean Fresh Bhd is principally engaged in the business of investment holding. It is a main seafood processing and trading company specialising in frozen seafood products, with a focus on molluscs, fish, and other seafood categories. The Group operates principally within one segment, that is, processing and trading of frozen seafood products. The company has presence in Malaysia, China, Turkey, Thailand, Vietnam, Japan, United States, Italy, Philipines, and Others. The company generates majority of revenue from Turkey. The company's products are Abalone, Ark Shell Meat, Bonito, Cuttlefish, Leather Jacket, Mackerel, Octopus, Pomfret, Prawn, Ribbonfish, Sea Cucumber, Squid, and Tuna.
35GF 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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