Chin Well Holdings Bhd (XKLS:5007) Inventory Turnover : 0.40 (As of Dec. 2024)

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What is Chin Well 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. Chin Well Holdings Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM100.4 Mil. Chin Well Holdings Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM248.8 Mil. Chin Well Holdings Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chin Well Holdings Bhd's Days Inventory for the three months ended in Dec. 2024 was 226.17.

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. Chin Well Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 2.39.

Chin Well Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Chin Well 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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Chin Well Holdings Bhd Inventory Turnover Chart

Chin Well Holdings Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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1.84

1.43

1.53

1.25

1.13

Chin Well Holdings Bhd Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.31	0.29	0.32	0.37	0.40

Chin Well Holdings Bhd Inventory Turnover Calculation

Chin Well Holdings Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	321.29	/ (	(284.06	+	284.249)	/	2 )
=	321.29	/	284.1545
=	1.13

Chin Well Holdings 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 )
=	100.361	/ (	(253.242	+	244.272)	/	2 )
=	100.361	/	248.757
=	0.40

Chin Well Holdings Bhd (XKLS:5007) 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.

Chin Well Holdings 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
	=	248.757	/	100.361	*	365 / 4
	=	226.17

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.

Chin Well Holdings 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 )
	=	248.757	/	103.911
	=	2.39

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.

Chin Well Holdings Bhd Inventory Turnover Related Terms

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Chin Well Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chin Well Holdings Bhd (XKLS:5007) » Definitions » Inventory Turnover

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Address

No. 1586, MK11, Lorong Perusahaan Utama 1, Bukit Tengah Industrial Park, Bukit Mertajam, PNG, MYS, 14000

Website

https://www.chinwell.com.my

Chin Well Holdings Bhd is a Malaysia-based investment holding company. It operates in three business segments. The Fastening products segment is a key revenue driver which is engaged in the manufacturing and trading of screws, nuts, bolts, and other related products. Its Wire products segment is involved in the production of precision galvanized wire, annealing wire, bright wire, hard drawn wire, polyvinyl chloride wire, bent round bar, and grill mesh. The Investment holding segment comprises investment holding and property investment activities. Geographically, it operates in Malaysia, Europe, North America, Vietnam, Australia, Other Asia Pacific countries and others. It derives a majority of its revenue from Europe.

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