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Top Builders Capital Bhd (XKLS:5268) Inventory Turnover : 27.75 (As of Mar. 2023)


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What is Top Builders Capital 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. Top Builders Capital Bhd's Cost of Goods Sold for the three months ended in Mar. 2023 was RM2.30 Mil. Top Builders Capital Bhd's Average Total Inventories for the quarter that ended in Mar. 2023 was RM0.08 Mil. Top Builders Capital Bhd's Inventory Turnover for the quarter that ended in Mar. 2023 was 27.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Top Builders Capital Bhd's Days Inventory for the three months ended in Mar. 2023 was 3.29.

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. Top Builders Capital Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.06.


Top Builders Capital Bhd Inventory Turnover Historical Data

The historical data trend for Top Builders Capital 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.

* Premium members only.

Top Builders Capital Bhd Inventory Turnover Chart

Top Builders Capital Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22
Inventory Turnover
Get a 7-Day Free Trial 859.93 552.83 472.62 - -2,127.00

Top Builders Capital Bhd Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 30.53 64.99 24.71 38.71 27.75

Top Builders Capital Bhd Inventory Turnover Calculation

Top Builders Capital Bhd's Inventory Turnover for the fiscal year that ended in Jun. 2022 is calculated as

Inventory Turnover (A: Jun. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2022 ) / ((Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count )
=-174.414 / ((0.081 + 0.083) / 2 )
=-174.414 / 0.082
=-2,127.00

Top Builders Capital Bhd's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count )
=2.303 / ((0.083 + 0.083) / 2 )
=2.303 / 0.083
=27.75

* 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.


Top Builders Capital Bhd  (XKLS:5268) 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.

Top Builders Capital Bhd's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=0.083/2.303*365 / 4
=3.29

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.

Top Builders Capital Bhd's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=0.083 / 1.303
=0.06

* 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.


Top Builders Capital Bhd Inventory Turnover Related Terms

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Top Builders Capital Bhd (XKLS:5268) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, 37 and 39, Jalan PJU 1A/41B, Pusat Dagangan NZX Ara Jaya, PJU1A, Petaling Jaya, SGR, MYS, 47301
Top Builders Capital Bhd is a Malaysia-based company engaged in civil and building construction. The company is involved in the engineering and construction of piling and foundations, bridges, and buildings. It is also engaged in the installation of a prefabricated building system, general civil and building construction, and property management. Key revenue is generated from construction contracts.

Top Builders Capital Bhd (XKLS:5268) Headlines

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