Southern Acids (M) Bhd (XKLS:5134) Inventory Turnover: 2.15 (As of Mar. 2026)

What is Southern Acids (M) Bhd Inventory Turnover?

Southern Acids (M) Bhd XKLS:5134 69 Inventory Turnover is 2.15 as of Mar. 2026. GuruFocus rates XKLS:5134 with a GF Score™ of 69/100 and a GF Value™ of RM2.89 (Fairly Valued). The stock has 4 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. Southern Acids (M) Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM169.6 Mil. Southern Acids (M) Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM78.7 Mil. Southern Acids (M) Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southern Acids (M) Bhd's Days Inventory for the three months ended in Mar. 2026 was 42.37.

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. Southern Acids (M) Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.39.

Southern Acids (M) Bhd (XKLS:5134) 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.

Southern Acids (M) 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
	=	78.7495	/	169.611	*	365 / 4
	=	42.37

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.

Southern Acids (M) 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 )
	=	78.7495	/	201.821
	=	0.39

* 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.

Southern Acids (M) Bhd Inventory Turnover Related Terms

Southern Acids (M) Bhd Inventory Turnover Historical Data

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The historical data trend for Southern Acids (M) Bhd's Inventory Turnover can be seen below:

Southern Acids (M) Bhd Inventory Turnover Chart

Southern Acids (M) Bhd Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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8.82

8.32

8.62

11.60

9.89

Southern Acids (M) 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															2.45	2.45	2.94	2.66	2.15

69GF Score

Southern Acids (M) Bhd XKLS:5134

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

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Southern Acids (M) Bhd Inventory Turnover Calculation

Southern Acids (M) Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

	Inventory Turnover (A: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2026 )	/ (	(Total Inventories (A: Mar. 2025 )	+	Total Inventories (A: Mar. 2026 ))	/	count )
=	799.047	/ (	(86.239	+	75.386)	/	2 )
=	799.047	/	80.8125
=	9.89

Southern Acids (M) 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 )
=	169.611	/ (	(82.113	+	75.386)	/	2 )
=	169.611	/	78.7495
=	2.15

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.15 mean?

Southern Acids (M) Bhd (XKLS:5134) has a Inventory Turnover of 2.15 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Southern Acids (M) Bhd and its competitors.

Is Southern Acids (M) Bhd's Inventory Turnover too high?

Southern Acids (M) Bhd's current Inventory Turnover is 2.15. Overall, Southern Acids (M) Bhd has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Southern Acids (M) Bhd's Inventory Turnover compare to HON and MMM?

Southern Acids (M) Bhd's Inventory Turnover of 2.15 can be compared against companies in the Conglomerates 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 Conglomerates company?

A good Inventory Turnover depends on the Conglomerates 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 Southern Acids (M) Bhd and its competitors. Southern Acids (M) Bhd's current Inventory Turnover is 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Southern Acids (M) Bhd stock overvalued right now?

Based on GuruFocus' analysis, Southern Acids (M) Bhd (XKLS:5134) is currently considered Fairly Valued. The stock's GF Value™ is RM2.89, compared to a current price of RM3.10 — trading 7.3% above its estimated fair value. The current Inventory Turnover is 2.15. Southern Acids (M) Bhd's overall GF Score™ is 69/100 with 4 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 Southern Acids (M) Bhd (XKLS:5134), the current Inventory Turnover is 2.15 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 Southern Acids (M) Bhd (XKLS:5134) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Acids (M) Bhd stock appears to be overvalued. The current stock price of RM3.10 is trading 7.3% above its estimated GF Value™ of RM2.89. GuruFocus considers Southern Acids (M) Bhd to be Fairly Valued.

Key valuation signals for XKLS:5134:

Inventory Turnover: 2.15
GF Value™: RM2.89 vs. price of RM3.10 (7.3% above fair value)
GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5134 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Southern Acids (M) Bhd Business Description

Industry Industrials Conglomerates

Comparable Companies XKLS:4243 XKLS:8419 XKLS:7757 XKLS:7198 XKLS:6491 XKLS:8613 XKLS:5673 XKLS:3239 XKLS:8702 XKLS:7036 ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 TSE:5803 TSE:8002 TSE:8053

Address No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300

Website http://www.southernacids.com

Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.

69GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM3.10

Price

RM2.89

GF Value

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