Melewar Industrial Group Bhd (XKLS:3778) Inventory Turnover: 0.73 (As of Mar. 2026)

What is Melewar Industrial Group Bhd Inventory Turnover?

Melewar Industrial Group Bhd XKLS:3778 28 Inventory Turnover is 0.73 as of Mar. 2026. GuruFocus rates XKLS:3778 with a GF Score™ of 28/100 and a GF Value™ of RM0.20 (Possible Value Trap). 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. Melewar Industrial Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM145.9 Mil. Melewar Industrial Group Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM200.8 Mil. Melewar Industrial Group Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Melewar Industrial Group Bhd's Days Inventory for the three months ended in Mar. 2026 was 125.55.

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. Melewar Industrial Group Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.27.

Melewar Industrial Group Bhd (XKLS:3778) 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.

Melewar Industrial Group 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
	=	200.7615	/	145.913	*	365 / 4
	=	125.55

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.

Melewar Industrial Group 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 )
	=	200.7615	/	158.444
	=	1.27

* 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.

Melewar Industrial Group Bhd Inventory Turnover Related Terms

Melewar Industrial Group Bhd Inventory Turnover Historical Data

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The historical data trend for Melewar Industrial Group Bhd's Inventory Turnover can be seen below:

Melewar Industrial Group Bhd Inventory Turnover Chart

Melewar Industrial Group Bhd Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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3.25

2.45

2.22

3.31

2.89

Melewar Industrial Group Bhd Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															0.68	0.81	1.00	0.91	0.73

28GF Score

Melewar Industrial Group Bhd XKLS:3778

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Melewar Industrial Group Bhd Inventory Turnover Calculation

Melewar Industrial Group Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

	Inventory Turnover (A: Jun. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2025 )	/ (	(Total Inventories (A: Jun. 2024 )	+	Total Inventories (A: Jun. 2025 ))	/	count )
=	675.804	/ (	(268.535	+	199.41)	/	2 )
=	675.804	/	233.9725
=	2.89

Melewar Industrial Group 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 )
=	145.913	/ (	(201.385	+	200.138)	/	2 )
=	145.913	/	200.7615
=	0.73

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.73 mean?

Melewar Industrial Group Bhd (XKLS:3778) has a Inventory Turnover of 0.73 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Melewar Industrial Group Bhd and its competitors.

Is Melewar Industrial Group Bhd's Inventory Turnover too high?

Melewar Industrial Group Bhd's current Inventory Turnover is 0.73. Overall, Melewar Industrial Group Bhd has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Melewar Industrial Group Bhd's Inventory Turnover compare to NUE and STLD?

Melewar Industrial Group Bhd's Inventory Turnover of 0.73 can be compared against companies in the Steel 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 Steel company?

A good Inventory Turnover depends on the Steel 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 Melewar Industrial Group Bhd and its competitors. Melewar Industrial Group Bhd's current Inventory Turnover is 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Melewar Industrial Group Bhd stock overvalued right now?

Based on GuruFocus' analysis, Melewar Industrial Group Bhd (XKLS:3778) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.20, compared to a current price of RM0.13 — trading 37.5% below its estimated fair value. The current Inventory Turnover is 0.73. Melewar Industrial Group Bhd's overall GF Score™ is 28/100 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 Melewar Industrial Group Bhd (XKLS:3778), the current Inventory Turnover is 0.73 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.

Is Melewar Industrial Group Bhd (XKLS:3778) Overvalued in 2026?

Based on GuruFocus' analysis, Melewar Industrial Group Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 37.5% below its estimated GF Value™ of RM0.20. GuruFocus considers Melewar Industrial Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3778:

Inventory Turnover: 0.73
GF Value™: RM0.20 vs. price of RM0.13 (37.5% below fair value)
GF Score™: 28/100 with 5 warning signs

No single metric tells the full story. See the XKLS:3778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Melewar Industrial Group Bhd Business Description

Industry Basic Materials Steel

Comparable Companies XKLS:0288 XKLS:7020 XKLS:9881 XKLS:0211 XKLS:7014 XKLS:0346 XKLS:4235 XKLS:5087 XKLS:5021 XKLS:5797 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Address No. 566 Jalan Ipoh, 15th Floor, Kuala Lumpur, SGR, MYS, 51200

Website https://www.melewar-mig.com

Melewar Industrial Group Bhd along with its subsidiaries, operates in four reportable segments. The Steel Tube segment is in the business of manufacturing and sales of steel pipes and tubes. The Cold Rolled Coil segment is in the business of manufacturing and sales of cold-rolled coils. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. Others comprise companies involved in the food, trade-retail business, modular construction, and metal scraps trading businesses. It generates maximum revenue from the Cold rolled coil segment. Geographically, the group derives maximum revenue from Malaysia.

28GF Score

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RM0.13

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RM0.20

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