AirAsia Group Bhd (XKLS:5238) Inventory Turnover: 48.72 (As of Mar. 2026)

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XKLS:5238 AirAsia Group Bhd XKLS:5238
46 GF Score
Price RM1.11
GF Value RM1.60
Valuation Possible Value Trap
! 6 Warning Signs
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What is AirAsia Group Bhd Inventory Turnover?

AirAsia Group Bhd XKLS:5238 -1.77% 46 Inventory Turnover is 48.72 as of Mar. 2026. GuruFocus rates XKLS:5238 with a GF Score™ of 46/100 and a GF Value™ of RM1.60 (Possible Value Trap). The stock has 6 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. AirAsia Group Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM4,993 Mil. AirAsia Group Bhd's Average Total Inventories for the quarter that ended in Mar. 2026 was RM102 Mil. AirAsia Group Bhd's Inventory Turnover for the quarter that ended in Mar. 2026 was 48.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AirAsia Group Bhd's Days Inventory for the three months ended in Mar. 2026 was 1.87.

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. AirAsia Group Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.

AirAsia Group Bhd  (XKLS:5238) 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.

AirAsia 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
=102.49/4993.414*365 / 4
=1.87

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.

AirAsia 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 )
=102.49 / 5950.223
=0.02

* 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.

AirAsia Group Bhd Inventory Turnover Related Terms

AirAsia Group Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for AirAsia Group 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.

AirAsia Group Bhd Inventory Turnover Chart

AirAsia Group Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 395.73 301.82 229.94 367.80 279.11

AirAsia Group Bhd Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 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 91.91 67.37 87.71 79.46 48.72
XKLS:5238
46GF Score
AirAsia Group Bhd XKLS:5238
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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AirAsia Group Bhd Inventory Turnover Calculation

AirAsia Group Bhd's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=3007.224 / ((8.693 + 12.856) / 2 )
=3007.224 / 10.7745
=279.11

AirAsia 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 )
=4993.414 / ((12.856 + 192.124) / 2 )
=4993.414 / 102.49
=48.72

* 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 48.72 mean?
AirAsia Group Bhd (XKLS:5238) has a Inventory Turnover of 48.72 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on AirAsia Group Bhd and its competitors.
Is AirAsia Group Bhd's Inventory Turnover too high?
AirAsia Group Bhd's current Inventory Turnover is 48.72. Overall, AirAsia Group Bhd has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AirAsia Group Bhd's Inventory Turnover compare to DAL and UAL?
AirAsia Group Bhd's Inventory Turnover of 48.72 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 AirAsia Group Bhd and its competitors. AirAsia Group Bhd's current Inventory Turnover is 48.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AirAsia Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, AirAsia Group Bhd (XKLS:5238) is currently considered Possible Value Trap. The stock's GF Value™ is RM1.60, compared to a current price of RM1.11 — trading 30.6% below its estimated fair value. The current Inventory Turnover is 48.72. AirAsia Group Bhd's overall GF Score™ is 46/100 with 6 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 AirAsia Group Bhd (XKLS:5238), the current Inventory Turnover is 48.72 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 AirAsia Group Bhd (XKLS:5238) Overvalued in 2026?

Based on GuruFocus' analysis, AirAsia Group Bhd stock appears to be undervalued. The current stock price of RM1.11 is trading 30.6% below its estimated GF Value™ of RM1.60. GuruFocus considers AirAsia Group Bhd to be Possible Value Trap.

Key valuation signals for XKLS:5238:

  • Inventory Turnover: 48.72
  • GF Value™: RM1.60 vs. price of RM1.11 (30.6% below fair value)
  • GF Score™: 46/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

AirAsia Group Bhd Business Description

Address RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, MYS, 64000
AirAsia X Bhd is a medium-haul low-cost airline operating in the Asia-Pacific region. The company is servicing scheduled flight operations to Australia (Sydney, Melbourne and Perth), China (Beijing, Hangzhou, Shanghai, Changsha, Chengdu, Chongqing, and Xi'an), India (New Delhi), South Korea (Seoul), Japan (Tokyo, Osaka and Sapporo), Taiwan (Taipei), Indonesia (Bali), Saudi Arabia (Jeddah and Medina), Kazakhstan (Almaty) and Kenya (Nairobi) from two hubs: Kuala Lumpur and Bangkok. The Group's operating segment consists of Air Operator Certificate (AOC) held under the AirAsia brand, and is categorised as Malaysia, Thailand, and Indonesia. The company generates the majority of its revenue from Malaysia.
46GF Score

Get the complete analysis for XKLS:5238

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

RM1.11
Price
RM1.60
GF Value