Shin Yang Group Bhd (XKLS:5173) Inventory Turnover: 4.20 (As of Mar. 2026)

What is Shin Yang Group Bhd Inventory Turnover?

Shin Yang Group Bhd XKLS:5173 68 Inventory Turnover is 4.20 as of Mar. 2026. GuruFocus rates XKLS:5173 with a GF Score™ of 68/100 and a GF Value™ of RM1.43 (Significantly Undervalued).

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. Shin Yang Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM397 Mil. Shin Yang Group Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM95 Mil. Shin Yang Group Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.20.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shin Yang Group Bhd's Days Inventory for the three months ended in Mar. 2026 was 21.72.

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. Shin Yang Group Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.21.

Shin Yang Group Bhd (XKLS:5173) 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.

Shin Yang Group 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
	=	94.607	/	397.385	*	365 / 4
	=	21.72

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.

Shin Yang Group 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 )
	=	94.607	/	459.926
	=	0.21

* 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.

Shin Yang Group Bhd Inventory Turnover Related Terms

Shin Yang Group Bhd Inventory Turnover Historical Data

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The historical data trend for Shin Yang Group Bhd's Inventory Turnover can be seen below:

Shin Yang Group Bhd Inventory Turnover Chart

Shin Yang Group Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

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10.97

11.85

18.74

21.50

22.38

Shin Yang Group 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															4.85	6.12	5.29	6.26	4.20

68GF Score

Shin Yang Group Bhd XKLS:5173

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

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Shin Yang Group Bhd Inventory Turnover Calculation

Shin Yang Group Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	824.4	/ (	(33.901	+	39.761)	/	2 )
=	824.4	/	36.831
=	22.38

Shin Yang Group 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 )
=	397.385	/ (	(84.165	+	105.049)	/	2 )
=	397.385	/	94.607
=	4.20

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 4.20 mean?

Shin Yang Group Bhd (XKLS:5173) has a Inventory Turnover of 4.20 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shin Yang Group Bhd and its competitors.

Is Shin Yang Group Bhd's Inventory Turnover too high?

Shin Yang Group Bhd's current Inventory Turnover is 4.20. Overall, Shin Yang Group Bhd has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Shin Yang Group Bhd's Inventory Turnover compare to competitors?

Shin Yang Group Bhd's Inventory Turnover of 4.20 can be compared against companies in the Transportation 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 Transportation company?

A good Inventory Turnover depends on the Transportation 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 Shin Yang Group Bhd and its competitors. Shin Yang Group Bhd's current Inventory Turnover is 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Shin Yang Group Bhd stock overvalued right now?

Based on GuruFocus' analysis, Shin Yang Group Bhd (XKLS:5173) is currently considered Significantly Undervalued. The stock's GF Value™ is RM1.43, compared to a current price of RM0.77 — trading 46.5% below its estimated fair value. The current Inventory Turnover is 4.20. Shin Yang Group Bhd's overall GF Score™ is 68/100. 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 Shin Yang Group Bhd (XKLS:5173), the current Inventory Turnover is 4.20 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 Shin Yang Group Bhd (XKLS:5173) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Yang Group Bhd stock appears to be undervalued. The current stock price of RM0.77 is trading 46.5% below its estimated GF Value™ of RM1.43. GuruFocus considers Shin Yang Group Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5173:

Inventory Turnover: 4.20
GF Value™: RM1.43 vs. price of RM0.77 (46.5% below fair value)
GF Score™: 68/100

No single metric tells the full story. See the XKLS:5173 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shin Yang Group Bhd Business Description

Industry Industrials Transportation

Comparable Companies XKLS:5348 XKLS:6521 XKLS:5259 XKLS:5077 XKLS:5145 XKLS:7013 XKLS:8346 XKLS:6254 XKLS:5032 BOM:532921 OCSE:MAERSK B HKSE:01919 PHS:ICT XTER:HLAG SHSE:600018 TSE:9101 TPE:2603 ADX:ADNOCLS XKRX:011200 TSE:9104

Address Sublot 153, Parent Lot 70, Jalan Kuala Baram, Kuala Baram, Miri, SWK, MYS, 98100

Website https://www.syshippingcorp.com.my

Shin Yang Group Bhd core business operations span shipping, shipbuilding, and ship repair. Its shipping division is diversified across multiple segments, including dry bulk, liquid bulk, containerised cargo, coastal shipping, barge and tug operations, as well as regional logistics with door-to-door solutions. Its segments are: Shipbuilding, ship repair and fabrication of metal structures; Shipping, which carries out shipping business in coastal and regional routes within Malaysia and ASEAN region and international routes; Land transportation and hiring services; Manufacturing, distribution and marketing of industrial gases, provision of services and maintenance, and trading in welding equipment and machinery; Automotive dealership, which generates maximum revenue; and Others.

68GF Score

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RM0.77

Price

RM1.43

GF Value

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