ELK-Desa Resources Bhd (XKLS:5228) Inventory Turnover: 1.26 (As of Mar. 2026)

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XKLS:5228 ELK-Desa Resources Bhd XKLS:5228
83 GF Score
Price RM1.02
GF Value RM1.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is ELK-Desa Resources Bhd Inventory Turnover?

ELK-Desa Resources Bhd XKLS:5228 83 Inventory Turnover is 1.26 as of Mar. 2026. GuruFocus rates XKLS:5228 with a GF Score™ of 83/100 and a GF Value™ of RM1.42 (Modestly Undervalued). 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. ELK-Desa Resources Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM17.3 Mil. ELK-Desa Resources Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM13.8 Mil. ELK-Desa Resources Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ELK-Desa Resources Bhd's Days Inventory for the three months ended in Mar. 2026 was 72.51.

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. ELK-Desa Resources Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.25.

ELK-Desa Resources Bhd  (XKLS:5228) 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.

ELK-Desa Resources 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
=13.77/17.33*365 / 4
=72.51

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.

ELK-Desa Resources 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 )
=13.77 / 54.543
=0.25

* 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.

ELK-Desa Resources Bhd Inventory Turnover Related Terms

ELK-Desa Resources Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for ELK-Desa Resources 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.

ELK-Desa Resources Bhd Inventory Turnover Chart

ELK-Desa Resources Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 2.87 2.66 3.31 3.95

ELK-Desa Resources 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 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 1.02 0.89 0.89 1.04 1.26
XKLS:5228
83GF Score
ELK-Desa Resources Bhd XKLS:5228
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ELK-Desa Resources Bhd Inventory Turnover Calculation

ELK-Desa Resources 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 )
=62.855 / ((18.714 + 13.142) / 2 )
=62.855 / 15.928
=3.95

ELK-Desa Resources 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 )
=17.33 / ((14.398 + 13.142) / 2 )
=17.33 / 13.77
=1.26

* 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 1.26 mean?
ELK-Desa Resources Bhd (XKLS:5228) has a Inventory Turnover of 1.26 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on ELK-Desa Resources Bhd and its competitors.
Is ELK-Desa Resources Bhd's Inventory Turnover too high?
ELK-Desa Resources Bhd's current Inventory Turnover is 1.26. Overall, ELK-Desa Resources Bhd has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELK-Desa Resources Bhd's Inventory Turnover compare to V and MA?
ELK-Desa Resources Bhd's Inventory Turnover of 1.26 can be compared against companies in the Credit Services 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 Credit Services company?
A good Inventory Turnover depends on the Credit Services 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 ELK-Desa Resources Bhd and its competitors. ELK-Desa Resources Bhd's current Inventory Turnover is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELK-Desa Resources Bhd stock overvalued right now?
Based on GuruFocus' analysis, ELK-Desa Resources Bhd (XKLS:5228) is currently considered Modestly Undervalued. The stock's GF Value™ is RM1.42, compared to a current price of RM1.02 — trading 28.2% below its estimated fair value. The current Inventory Turnover is 1.26. ELK-Desa Resources Bhd's overall GF Score™ is 83/100 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 ELK-Desa Resources Bhd (XKLS:5228), the current Inventory Turnover is 1.26 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 ELK-Desa Resources Bhd (XKLS:5228) Overvalued in 2026?

Based on GuruFocus' analysis, ELK-Desa Resources Bhd stock appears to be undervalued. The current stock price of RM1.02 is trading 28.2% below its estimated GF Value™ of RM1.42. GuruFocus considers ELK-Desa Resources Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5228:

  • Inventory Turnover: 1.26
  • GF Value™: RM1.42 vs. price of RM1.02 (28.2% below fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

ELK-Desa Resources Bhd Business Description

Address No. 15 - 17, Jalan Brunei Utara, Off Jalan Pudu, Kuala Lumpur, SGR, MYS, 55100
ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire-purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling, and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.
83GF Score

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

RM1.02
Price
RM1.42
GF Value