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Auro Holdings Bhd (XKLS:5025) Inventory Turnover : 0.47 (As of Nov. 2023)


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What is Auro 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. Auro Holdings Bhd's Cost of Goods Sold for the three months ended in Nov. 2023 was RM0.83 Mil. Auro Holdings Bhd's Average Total Inventories for the quarter that ended in Nov. 2023 was RM1.75 Mil. Auro Holdings Bhd's Inventory Turnover for the quarter that ended in Nov. 2023 was 0.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Auro Holdings Bhd's Days Inventory for the three months ended in Nov. 2023 was 192.87.

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. Auro Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Nov. 2023 was 4.97.


Auro Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Auro 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.

* Premium members only.

Auro Holdings Bhd Inventory Turnover Chart

Auro Holdings Bhd Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Feb22 Feb23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 1.65 1.65 1.53 2.40

Auro Holdings Bhd Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Nov20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.54 1.06 1.78 0.47

Auro Holdings Bhd Inventory Turnover Calculation

Auro Holdings Bhd's Inventory Turnover for the fiscal year that ended in Feb. 2023 is calculated as

Inventory Turnover (A: Feb. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2023 ) / ((Total Inventories (A: Feb. 2022 ) + Total Inventories (A: Feb. 2023 )) / count )
=4.94 / ((2.555 + 1.556) / 2 )
=4.94 / 2.0555
=2.40

Auro Holdings Bhd's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

Inventory Turnover (Q: Nov. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2023 ) / ((Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count )
=0.827 / ((1.365 + 2.131) / 2 )
=0.827 / 1.748
=0.47

* 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.


Auro Holdings Bhd  (XKLS:5025) 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.

Auro Holdings Bhd's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=1.748/0.827*365 / 4
=192.87

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.

Auro Holdings Bhd's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=1.748 / 0.352
=4.97

* 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.


Auro Holdings Bhd Inventory Turnover Related Terms

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Auro Holdings Bhd (XKLS:5025) Business Description

Traded in Other Exchanges
N/A
Address
No. 12-2, Jalan Radin Bagus 6, Bandar Baru Sri Petaling, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000
Auro Holdings Bhd is an investment holding company engaged in the manufacturing and trading of a wide range of quality timber products such as interior and exterior moulded timber products, supplying FSC-certified and non-certified sawn timber, and also providing kiln-drying and timber treatment services. Its operating segments are the Molding and timber segment which involves manufacturing and selling of timber and timber products and provision of kiln drying and timber treatment services and Investment and others. Geographically it derives revenues from Malaysia, China, Singapore and others.

Auro Holdings Bhd (XKLS:5025) Headlines

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