Sealink International Bhd (XKLS:5145) Inventory Turnover : 3.80 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Sealink International 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. Sealink International Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM24.9 Mil. Sealink International Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM6.5 Mil. Sealink International Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sealink International Bhd's Days Inventory for the three months ended in Dec. 2023 was 24.00.

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. Sealink International Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.25.

Sealink International Bhd Inventory Turnover Historical Data

The historical data trend for Sealink International 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.

Sealink International Bhd Inventory Turnover Chart

Sealink International Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

5.28

5.71

6.98

12.62

15.71

Sealink International Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															3.00	3.49	2.86	2.94	3.80

Sealink International Bhd Inventory Turnover Calculation

Sealink International Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	85.417	/ (	(5.649	+	5.228)	/	2 )
=	85.417	/	5.4385
=	15.71

Sealink International Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	24.865	/ (	(7.854	+	5.228)	/	2 )
=	24.865	/	6.541
=	3.80

Sealink International Bhd (XKLS:5145) 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.

Sealink International Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	6.541	/	24.865	*	365 / 4
	=	24.00

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.

Sealink International Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6.541	/	26.338
	=	0.25

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.

Sealink International Bhd Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Sealink International Bhd's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Sealink International Bhd (XKLS:5145) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sealink International Bhd (XKLS:5145) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Lot 1035, MCLD, Piasau Industrial Area, Block 4,, Miri, SWK, MYS, 98000

Website

https://www.asiasealink.com

Sealink International Bhd is a Malaysia-based firm. The company is an integrated service provider, which builds, owns, and operates a diverse fleet of offshore marine support vessels, serving mainly the international offshore marine oil and gas exploration and production industry. The Company operates in segments namely, the Shipbuilding segment comprises the building of offshore marine vessels and related services, Chartering of vessels segment comprises services like anchor handling, transportation of supplies, diving support, seismic support, and other chartering services which also contributes a maximum part of revenue; and Others. The maximum of the company's revenue comes from the Malaysian market.

Sealink International Bhd (XKLS:5145) Headlines

No Headlines