Solid Automotive Bhd (XKLS:5242) Inventory Turnover: 0.76 (As of Apr. 2026)

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XKLS:5242 Solid Automotive Bhd XKLS:5242
41 GF Score
Price RM0.13
GF Value RM0.18
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Solid Automotive Bhd Inventory Turnover?

Solid Automotive Bhd XKLS:5242 +4.17% 41 Inventory Turnover is 0.76 as of Apr. 2026. GuruFocus rates XKLS:5242 with a GF Score™ of 41/100 and a GF Value™ of RM0.18 (Significantly 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. Solid Automotive Bhd's Cost of Goods Sold for the three months ended in Apr. 2026 was RM72.3 Mil. Solid Automotive Bhd's Average Total Inventories for the quarter that ended in Apr. 2026 was RM95.2 Mil. Solid Automotive Bhd's Inventory Turnover for the quarter that ended in Apr. 2026 was 0.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solid Automotive Bhd's Days Inventory for the three months ended in Apr. 2026 was 120.17.

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. Solid Automotive Bhd's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 1.03.


Solid Automotive Bhd  (XKLS:5242) 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.

Solid Automotive Bhd's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=95.2005/72.288*365 / 4
=120.17

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.

Solid Automotive Bhd's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=95.2005 / 92.538
=1.03

* 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.


Solid Automotive Bhd Inventory Turnover Related Terms


Solid Automotive Bhd Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Solid Automotive 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.

Solid Automotive Bhd Inventory Turnover Chart

Solid Automotive Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 2.87 2.67 3.06 3.06

Solid Automotive Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.68 0.71 0.74 0.66 0.76
XKLS:5242
41GF Score
Solid Automotive Bhd XKLS:5242
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Solid Automotive Bhd Inventory Turnover Calculation

Solid Automotive Bhd's Inventory Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Inventory Turnover (A: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2026 ) / ((Total Inventories (A: Apr. 2025 ) + Total Inventories (A: Apr. 2026 )) / count )
=272.259 / ((90.721 + 87.108) / 2 )
=272.259 / 88.9145
=3.06

Solid Automotive Bhd's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover (Q: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2026 ) / ((Total Inventories (Q: Jan. 2026 ) + Total Inventories (Q: Apr. 2026 )) / count )
=72.288 / ((103.293 + 87.108) / 2 )
=72.288 / 95.2005
=0.76

* 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 0.76 mean?
Solid Automotive Bhd (XKLS:5242) has a Inventory Turnover of 0.76 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Solid Automotive Bhd and its competitors.
Is Solid Automotive Bhd's Inventory Turnover too high?
Solid Automotive Bhd's current Inventory Turnover is 0.76. Overall, Solid Automotive Bhd has a GF Score™ of 41/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Automotive Bhd's Inventory Turnover compare to ORLY and AZO?
Solid Automotive Bhd's Inventory Turnover of 0.76 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Solid Automotive Bhd and its competitors. Solid Automotive Bhd's current Inventory Turnover is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Automotive Bhd stock overvalued right now?
Based on GuruFocus' analysis, Solid Automotive Bhd (XKLS:5242) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.18, compared to a current price of RM0.13 — trading 30.6% below its estimated fair value. The current Inventory Turnover is 0.76. Solid Automotive Bhd's overall GF Score™ is 41/100 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 Solid Automotive Bhd (XKLS:5242), the current Inventory Turnover is 0.76 as of Apr. 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 Solid Automotive Bhd (XKLS:5242) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Automotive Bhd stock appears to be undervalued. The current stock price of RM0.13 is trading 30.6% below its estimated GF Value™ of RM0.18. GuruFocus considers Solid Automotive Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5242:

  • Inventory Turnover: 0.76
  • GF Value™: RM0.18 vs. price of RM0.13 (30.6% below fair value)
  • GF Score™: 41/100 with 4 warning signs

No single metric tells the full story. See the XKLS:5242 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Automotive Bhd Business Description

Address 5, Jalan Dataran 5, Taman Kempas, Johor Bahru, JHR, MYS, 81200
Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. Along with its subsidiaries, the company operates in the following reportable segments: Automotive service, electrical, spare and related parts, Automotive engine and mechanical parts, and Others. It generates maximum revenue from the Automotive service, electrical, spare and related parts segment, which is involved in trading and distribution of automotive batteries, lubricants, electrical parts, spare parts and components. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East and Africa, and Other regions.
41GF Score

Get the complete analysis for XKLS:5242

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

RM0.13
Price
RM0.18
GF Value