Fraser & Neave Holdings Bhd (XKLS:3689) Inventory Turnover : 1.09 (As of Jun. 2024)

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What is Fraser & Neave Holdings 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. Fraser & Neave Holdings Bhd's Cost of Goods Sold for the three months ended in Jun. 2024 was RM898 Mil. Fraser & Neave Holdings Bhd's Average Total Inventories for the quarter that ended in Jun. 2024 was RM820 Mil. Fraser & Neave Holdings Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fraser & Neave Holdings Bhd's Days Inventory for the three months ended in Jun. 2024 was 83.36.

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. Fraser & Neave Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.63.

Fraser & Neave Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Fraser & Neave Holdings 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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Fraser & Neave Holdings Bhd Inventory Turnover Chart

Fraser & Neave Holdings Bhd Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory Turnover

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5.23

4.47

4.46

4.22

4.28

Fraser & Neave Holdings Bhd Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															1.16	1.15	1.15	1.10	1.09

Fraser & Neave Holdings Bhd Inventory Turnover Calculation

Fraser & Neave Holdings Bhd's Inventory Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory Turnover (A: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Sep. 2023 )	/ (	(Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )
=	3566.591	/ (	(901.377	+	764.182)	/	2 )
=	3566.591	/	832.7795
=	4.28

Fraser & Neave Holdings Bhd's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	897.91	/ (	(844.04	+	796.496)	/	2 )
=	897.91	/	820.268
=	1.09

Fraser & Neave Holdings Bhd (XKLS:3689) 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.

Fraser & Neave Holdings Bhd's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	820.268	/	897.91	*	365 / 4
	=	83.36

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.

Fraser & Neave Holdings Bhd's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	820.268	/	1304.124
	=	0.63

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.

Fraser & Neave Holdings Bhd Inventory Turnover Related Terms

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Fraser & Neave Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Fraser & Neave Holdings Bhd (XKLS:3689) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

No. 1 Jalan Bukit Belimbing 26/38, Persiaran Kuala Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400

Website

https://www.fn.com.my

Fraser & Neave Holdings Bhd manufactures and sells canned milk, both condensed and evaporated, and other dairy products and soft drinks. The company manufactures its products in Malaysia and Thailand, and operates through four main segments: F&B Malaysia, F&B Thailand, Property and Others. F&B Malaysia and F&B Thailand manufacture both soft drinks and dairies. Fraser & Neave's core soft drink brands include 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N SEASONS, and F&N ICE MOUNTAIN. Its dairy brands include Carnation, Magnolia, Teapot, Farmhouse, Gold Coin, and F&N Fruit Tree. The company derives majority of its revenue from South East Asia.

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