SIK Cheong Bhd (XKLS:0316) Inventory Turnover: 15.26 (As of Mar. 2026)


XKLS:0316 SIK Cheong Bhd XKLS:0316
43 GF Score
Price RM0.12
! 3 Warning Signs
View Full Analysis

What is SIK Cheong Bhd Inventory Turnover?

SIK Cheong Bhd XKLS:0316 43 Inventory Turnover is 15.26 as of Mar. 2026. GuruFocus rates XKLS:0316 with a GF Score™ of 43/100. The stock has 3 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. SIK Cheong Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM21.36 Mil. SIK Cheong Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM1.40 Mil. SIK Cheong Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 15.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SIK Cheong Bhd's Days Inventory for the three months ended in Mar. 2026 was 5.98.

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. SIK Cheong Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.06.

SIK Cheong Bhd  (XKLS:0316) 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.

SIK Cheong 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
=1.4/21.363*365 / 4
=5.98

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.

SIK Cheong 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 )
=1.4 / 23.901
=0.06

* 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.

SIK Cheong Bhd Inventory Turnover Related Terms

SIK Cheong Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for SIK Cheong 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.

SIK Cheong Bhd Inventory Turnover Chart

SIK Cheong Bhd Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 40.99 50.19 59.82 57.95 53.89

SIK Cheong Bhd Quarterly Data
Mar21 Mar22 Mar23 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 17.27 12.47 13.83 15.80 15.26
XKLS:0316
43GF Score
SIK Cheong Bhd XKLS:0316
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SIK Cheong Bhd Inventory Turnover Calculation

SIK Cheong Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=81.515 / ((1.51 + 1.515) / 2 )
=81.515 / 1.5125
=53.89

SIK Cheong 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 )
=21.363 / ((1.285 + 1.515) / 2 )
=21.363 / 1.4
=15.26

* 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 15.26 mean?
SIK Cheong Bhd (XKLS:0316) has a Inventory Turnover of 15.26 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SIK Cheong Bhd and its competitors.
Is SIK Cheong Bhd's Inventory Turnover too high?
SIK Cheong Bhd's current Inventory Turnover is 15.26. Overall, SIK Cheong Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does SIK Cheong Bhd's Inventory Turnover compare to KHC and GIS?
SIK Cheong Bhd's Inventory Turnover of 15.26 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 SIK Cheong Bhd and its competitors. SIK Cheong Bhd's current Inventory Turnover is 15.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIK Cheong Bhd stock overvalued right now?
SIK Cheong Bhd (XKLS:0316) has a current Inventory Turnover of 15.26. The current Inventory Turnover is 15.26. SIK Cheong Bhd's overall GF Score™ is 43/100 with 3 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 SIK Cheong Bhd (XKLS:0316), the current Inventory Turnover is 15.26 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.

SIK Cheong Bhd Business Description

Address No. 11, Jalan 6/14, Kampung Tasik Tambahan, Darul Ehsan, Ampang, SGR, MYS, 68000
SIK Cheong Bhd is involved in the repackaging, marketing and distribution of RBD palm olein oil products. Its products include RBD palm olein cooking oil, which are sold under brands, Sawit Emas and Vitamas, or sold unbranded and also sell RBD palm olein lamp oil under brand, Pingat Emas. The company products are consumed and used commercially and in households.
43GF Score

Get the complete analysis for XKLS:0316

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

RM0.12
Price