ABM Fujiya Bhd (XKLS:5198) Inventory Turnover : 0.43 (As of Mar. 2024)

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What is ABM Fujiya 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. ABM Fujiya Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM47.3 Mil. ABM Fujiya Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM109.5 Mil. ABM Fujiya Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ABM Fujiya Bhd's Days Inventory for the three months ended in Mar. 2024 was 211.08.

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. ABM Fujiya Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.33.

ABM Fujiya Bhd Inventory Turnover Historical Data

The historical data trend for ABM Fujiya 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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ABM Fujiya Bhd Inventory Turnover Chart

ABM Fujiya Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.90

0.71

0.72

0.76

1.03

ABM Fujiya Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.19	0.21	0.27	0.30	0.43

ABM Fujiya Bhd Inventory Turnover Calculation

ABM Fujiya 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 )
=	123.473	/ (	(120.934	+	118.277)	/	2 )
=	123.473	/	119.6055
=	1.03

ABM Fujiya 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 )
=	47.32	/ (	(118.277	+	100.646)	/	2 )
=	47.32	/	109.4615
=	0.43

ABM Fujiya Bhd (XKLS:5198) 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.

ABM Fujiya 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
	=	109.4615	/	47.32	*	365 / 4
	=	211.08

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.

ABM Fujiya 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 )
	=	109.4615	/	47.012
	=	2.33

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.

ABM Fujiya Bhd Inventory Turnover Related Terms

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ABM Fujiya Bhd (XKLS:5198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ABM Fujiya Bhd (XKLS:5198) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lorong Pangkalan, Off Jalan Pangkalan, Lot 2224, Section 66, Pending Industrial Estate, Kuching, SWK, MYS, 93450

Website

https://www.abmfujiya.com.my

ABM Fujiya Bhd is engaged in investment holding activities. The company through its subsidiaries is involved in the manufacturing of automotive batteries and other batteries. In addition, it is also engaged in the dealing and retailing of automotive batteries and lubricants. The company is organized into two reportable segments, Manufacturing and Marketing. The manufacturing segment, which is the key revenue driver, includes the manufacturing and distribution of batteries, and the Marketing segment includes the marketing and retailing of batteries and lubricants. Its primary geographic markets are Malaysia, United Arab Emirates, Nigeria, Singapore, Australia, and others. Malaysia contributes to the majority of total revenue.

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