MHC Plantations Bhd (XKLS:5026) Inventory Turnover : 4.20 (As of Dec. 2024)

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What is MHC Plantations 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. MHC Plantations Bhd's Cost of Goods Sold for the three months ended in Dec. 2024 was RM124.6 Mil. MHC Plantations Bhd's Average Total Inventories for the quarter that ended in Dec. 2024 was RM29.7 Mil. MHC Plantations Bhd's Inventory Turnover for the quarter that ended in Dec. 2024 was 4.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MHC Plantations Bhd's Days Inventory for the three months ended in Dec. 2024 was 21.74.

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. MHC Plantations Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.20.

MHC Plantations Bhd Inventory Turnover Historical Data

The historical data trend for MHC Plantations 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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MHC Plantations Bhd Inventory Turnover Chart

MHC Plantations Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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12.28

19.89

17.50

15.34

16.03

MHC Plantations 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															4.18	3.48	3.63	3.80	4.20

MHC Plantations Bhd Inventory Turnover Calculation

MHC Plantations Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	446.964	/ (	(25.3	+	30.468)	/	2 )
=	446.964	/	27.884
=	16.03

MHC Plantations 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 )
=	124.592	/ (	(28.898	+	30.468)	/	2 )
=	124.592	/	29.683
=	4.20

MHC Plantations Bhd (XKLS:5026) 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.

MHC Plantations 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
	=	29.683	/	124.592	*	365 / 4
	=	21.74

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.

MHC Plantations 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 )
	=	29.683	/	145.807
	=	0.20

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.

MHC Plantations Bhd Inventory Turnover Related Terms

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MHC Plantations Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MHC Plantations Bhd (XKLS:5026) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Kompleks Pejabat Behrang 2020, Jalan Persekutuan 1, Tanjong Malim, PRK, MYS, 35900

Website

https://www.mhc.com.my

MHC Plantations Bhd along with its subsidiaries is involved in the cultivation of oil palm, the operation of the quarry, milling, and sales of oil palm products, letting of oil palm collection center, investment holding, power generation, and property development. It operates in segments that include Plantation; which cultivates oil palm, Oil Mill; which mills and sells oil palm products, Power Plant; which generates power and sell biomass by-products. The Other Segment refers to the extraction and sale of earth stones, operation of a hotel and Others. The Oil Mill Segment generates maximum revenue for the company.

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