George Kent Malaysia Bhd (XKLS:3204) Inventory Turnover : 0.39 (As of Dec. 2024)

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What is George Kent Malaysia 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. George Kent Malaysia Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM30.8 Mil. George Kent Malaysia Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM78.9 Mil. George Kent Malaysia Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. George Kent Malaysia Bhd's Days Inventory for the three months ended in Dec. 2024 was 233.68.

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. George Kent Malaysia Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.99.

George Kent Malaysia Bhd Inventory Turnover Historical Data

The historical data trend for George Kent Malaysia 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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George Kent Malaysia Bhd Inventory Turnover Chart

George Kent Malaysia Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Mar22

Mar23

Mar24

Inventory Turnover

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5.02

4.48

4.16

2.03

1.16

George Kent Malaysia Bhd Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.29	0.38	0.24	0.27	0.39

George Kent Malaysia Bhd Inventory Turnover Calculation

George Kent Malaysia Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	109.287	/ (	(106.033	+	82.915)	/	2 )
=	109.287	/	94.474
=	1.16

George Kent Malaysia Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	30.822	/ (	(82.13	+	75.735)	/	2 )
=	30.822	/	78.9325
=	0.39

George Kent Malaysia Bhd (XKLS:3204) 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.

George Kent Malaysia Bhd's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	78.9325	/	30.822	*	365 / 4
	=	233.68

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.

George Kent Malaysia Bhd's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	78.9325	/	39.634
	=	1.99

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.

George Kent Malaysia Bhd Inventory Turnover Related Terms

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George Kent Malaysia Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » George Kent Malaysia Bhd (XKLS:3204) » Definitions » Inventory Turnover

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Address

1115, George Kent Technology Center, Taman Meranti Jaya, Jalan Puchong, SGR, MYS, 47120

Website

https://www.georgekent.net

George Kent Malaysia Bhd is an engineering company involved in manufacturing, trading, and investment, development of services development of water infrastructure projects, and provision of construction services. Its core businesses are in the water and construction industries. The company exports its products to Singapore, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Papua New Guinea, Australia, Hong Kong, Sri Lanka, Kenya, South Africa, South America, and the United Kingdom. It operates through the following segments: Engineering, Metering, and Others.

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