YB Ventures Bhd (XKLS:5048) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is YB Ventures 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. YB Ventures Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM0.00 Mil. YB Ventures Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM43.59 Mil. YB Ventures Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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. YB Ventures Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.55.

YB Ventures Bhd Inventory Turnover Historical Data

The historical data trend for YB Ventures 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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YB Ventures Bhd Inventory Turnover Chart

YB Ventures Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun23

Inventory Turnover

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2.06

2.14

2.20

1.84

1.79

YB Ventures Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

YB Ventures Bhd Inventory Turnover Calculation

YB Ventures Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	85.718	/ (	(43.854	+	52.082)	/	2 )
=	85.718	/	47.968
=	1.79

YB Ventures Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(44.798	+	42.389)	/	2 )
=	0	/	43.5935
=	0.00

YB Ventures Bhd (XKLS:5048) 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.

YB Ventures Bhd's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	43.5935	/	0	*	365 / 4
	=

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.

YB Ventures Bhd's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	43.5935	/	17.104
	=	2.55

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.

YB Ventures Bhd Inventory Turnover Related Terms

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YB Ventures Bhd (XKLS:5048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » YB Ventures Bhd (XKLS:5048) » Definitions » Inventory Turnover

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Address

Lot 7020, Batu 23, Jalan Air Hitam, Johor Darul Takzim, Kulai, SGR, MYS, 81000

Website

https://www.ybventures.com

YB Ventures Bhd is an investment holding company engaged in the tile manufacturing and internet technology. The company operates in two segments namely, Manufacturing and trading segment and Investment holding and dormant segment, out of which the majority of revenue is derived from the Manufacturing and Trading segment. The Group mainly produces tiles under their proprietary brand Alpha Tile a household name in construction, renovation and interior fit-out industries. Geographically it operates in Malaysia, Singapore and Others, out of which the majority of revenue is derived from Malaysia.

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