TDM Bhd (XKLS:2054) Inventory Turnover : 3.15 (As of Sep. 2024)

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What is TDM Bhd Inventory Turnover?

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. TDM Bhd's Cost of Goods Sold for the three months ended in Sep. 2024 was RM124.7 Mil. TDM Bhd's Average Total Inventories for the quarter that ended in Sep. 2024 was RM39.5 Mil. TDM Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 was 3.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TDM Bhd's Days Inventory for the three months ended in Sep. 2024 was 28.93.

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. TDM Bhd's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.22.

TDM Bhd Inventory Turnover Historical Data

The historical data trend for TDM 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.

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TDM Bhd Inventory Turnover Chart

TDM Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.17

11.46

10.78

10.91

10.85

TDM Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															2.68	2.61	2.51	2.67	3.15

TDM Bhd Inventory Turnover Calculation

TDM Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	376.498	/ (	(39.223	+	30.181)	/	2 )
=	376.498	/	34.702
=	10.85

TDM Bhd's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	124.728	/ (	(42.473	+	36.622)	/	2 )
=	124.728	/	39.5475
=	3.15

TDM Bhd (XKLS:2054) 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.

TDM Bhd's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	39.5475	/	124.728	*	365 / 4
	=	28.93

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.

TDM Bhd's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	39.5475	/	179.875
	=	0.22

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.

TDM Bhd Inventory Turnover Related Terms

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TDM Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TDM Bhd (XKLS:2054) » Definitions » Inventory Turnover

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Address

25th Floor, Menara KH, Jalan Sultan Ismail, Kuala Lumpur, SGR, MYS, 50250

Website

https://www.tdmberhad.com.my

TDM Bhd is an investment holding company, which is engaged in the cultivation of oil palms and the provision of management services. It operates in the following segments: Plantation and Healthcare. The Plantation segment which generates the Maximum revenue is engaged in the cultivation of oil palms, sale of fresh fruit bunches, and management of plantation operation services. The Healthcare segment offers healthcare consultancy and specialist medical center services.

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