TAS Offshore Bhd (XKLS:5149) Inventory Turnover: 0.29 (As of Feb. 2026)


XKLS:5149 TAS Offshore Bhd XKLS:5149
51 GF Score
Price RM0.51
GF Value RM0.87
Valuation Significantly Undervalued
! 3 Warning Signs
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What is TAS Offshore Bhd Inventory Turnover?

TAS Offshore Bhd XKLS:5149 +4.08% 51 Inventory Turnover is 0.29 as of Feb. 2026. GuruFocus rates XKLS:5149 with a GF Score™ of 51/100 and a GF Value™ of RM0.87 (Significantly Undervalued). The stock has 3 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. TAS Offshore Bhd's Cost of Goods Sold for the three months ended in Feb. 2026 was RM19.9 Mil. TAS Offshore Bhd's Average Total Inventories for the quarter that ended in Feb. 2026 was RM68.2 Mil. TAS Offshore Bhd's Inventory Turnover for the quarter that ended in Feb. 2026 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TAS Offshore Bhd's Days Inventory for the three months ended in Feb. 2026 was 312.40.

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. TAS Offshore Bhd's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 2.82.

TAS Offshore Bhd  (XKLS:5149) 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.

TAS Offshore Bhd's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=68.1625/19.91*365 / 4
=312.40

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.

TAS Offshore Bhd's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=68.1625 / 24.14
=2.82

* 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.

TAS Offshore Bhd Inventory Turnover Related Terms

TAS Offshore Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for TAS Offshore 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.

TAS Offshore Bhd Inventory Turnover Chart

TAS Offshore Bhd Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 1.14 0.62 0.74 1.18

TAS Offshore Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.22 0.23 0.52 0.51 0.29
XKLS:5149
51GF Score
TAS Offshore Bhd XKLS:5149
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TAS Offshore Bhd Inventory Turnover Calculation

TAS Offshore Bhd's Inventory Turnover for the fiscal year that ended in May. 2025 is calculated as

Inventory Turnover (A: May. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: May. 2025 ) / ((Total Inventories (A: May. 2024 ) + Total Inventories (A: May. 2025 )) / count )
=114.623 / ((94.843 + 98.691) / 2 )
=114.623 / 96.767
=1.18

TAS Offshore Bhd's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover (Q: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2026 ) / ((Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count )
=19.91 / ((65.977 + 70.348) / 2 )
=19.91 / 68.1625
=0.29

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.29 mean?
TAS Offshore Bhd (XKLS:5149) has a Inventory Turnover of 0.29 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on TAS Offshore Bhd and its competitors.
Is TAS Offshore Bhd's Inventory Turnover too high?
TAS Offshore Bhd's current Inventory Turnover is 0.29. Overall, TAS Offshore Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's Inventory Turnover compare to SPCX and GE?
TAS Offshore Bhd's Inventory Turnover of 0.29 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 TAS Offshore Bhd and its competitors. TAS Offshore Bhd's current Inventory Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.87, compared to a current price of RM0.51 — trading 41.4% below its estimated fair value. The current Inventory Turnover is 0.29. TAS Offshore Bhd's overall GF Score™ is 51/100 with 3 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 TAS Offshore Bhd (XKLS:5149), the current Inventory Turnover is 0.29 as of Feb. 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 TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?

Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued. The current stock price of RM0.51 is trading 41.4% below its estimated GF Value™ of RM0.87. GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5149:

  • Inventory Turnover: 0.29
  • GF Value™: RM0.87 vs. price of RM0.51 (41.4% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TAS Offshore Bhd Business Description

Address Lot 199, Sungai Maaw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is an investment holding company engaged in shipbuilding and ship repairing activities across Malaysia, Singapore, and Indonesia. Its shipbuilding operations include constructing vessels such as tugboats, anchor handling tugs, anchor handling tug supply vessels, utility vessels, workboats, ferries, and cargo ships. The company also provides ship repair services, including routine maintenance, machinery inspection, repainting, and damage repair. Additionally, TAS Offshore offers vessel chartering services. It generates revenue through contracting shipbuilding, repair projects, and vessel leasing, serving clients in the marine and offshore industries.
51GF Score

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

RM0.51
Price
RM0.87
GF Value