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Yenher Holdings Bhd (XKLS:5300) Inventory Turnover : 1.43 (As of Mar. 2024)


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What is Yenher Holdings 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. Yenher Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM60.1 Mil. Yenher Holdings Bhd's Average Total Inventories for the quarter that ended in Mar. 2024 was RM41.9 Mil. Yenher Holdings Bhd's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yenher Holdings Bhd's Days Inventory for the three months ended in Mar. 2024 was 63.65.

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. Yenher Holdings Bhd's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.57.


Yenher Holdings Bhd Inventory Turnover Historical Data

The historical data trend for Yenher Holdings 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.

Yenher Holdings Bhd Inventory Turnover Chart

Yenher Holdings Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial 4.47 4.90 6.13 7.83 6.43

Yenher Holdings Bhd Quarterly Data
Dec17 Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.64 1.95 1.74 1.40 1.43

Yenher Holdings Bhd Inventory Turnover Calculation

Yenher Holdings 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 )
=271.724 / ((39.057 + 45.425) / 2 )
=271.724 / 42.241
=6.43

Yenher Holdings 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 )
=60.121 / ((45.425 + 38.442) / 2 )
=60.121 / 41.9335
=1.43

* 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.


Yenher Holdings Bhd  (XKLS:5300) 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.

Yenher Holdings 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
=41.9335/60.121*365 / 4
=63.65

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.

Yenher Holdings 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 )
=41.9335 / 73.239
=0.57

* 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.


Yenher Holdings Bhd Inventory Turnover Related Terms

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Yenher Holdings Bhd (XKLS:5300) Business Description

Traded in Other Exchanges
N/A
Address
Taman IKS Simpang Ampat, No. 1628, Jalan IKS Simpang Ampat 1, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, PNG, MYS, 14100
Yenher Holdings Bhd is an investment holding company. Through the subsidiaries, the company is principally involved in the manufacturing and distribution of animal health and nutrition products. It manufactures premixes, complete feed, formulated products, and biotech animal feed ingredients mainly for the poultry and swine subsectors. Geographic it operates with Malaysian customers, Overseas customers. The majority of its revenue comes from Malaysian customers.

Yenher Holdings Bhd (XKLS:5300) Headlines

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