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Farm Fresh Bhd (XKLS:5306) Inventory Turnover : 0.99 (As of Dec. 2023)


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What is Farm Fresh 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. Farm Fresh Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM146.0 Mil. Farm Fresh Bhd's Average Total Inventories for the quarter that ended in Dec. 2023 was RM147.9 Mil. Farm Fresh Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Farm Fresh Bhd's Days Inventory for the three months ended in Dec. 2023 was 92.43.

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. Farm Fresh Bhd's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.70.

Farm Fresh Bhd Inventory Turnover Historical Data

The historical data trend for Farm Fresh 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.

Farm Fresh Bhd Inventory Turnover Chart

Farm Fresh Bhd Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Inventory Turnover
4.17 6.38 4.82 3.27 3.28

Farm Fresh Bhd Quarterly Data
Mar19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.66 0.68 0.96 1.05 0.99

Farm Fresh Bhd Inventory Turnover Calculation

Farm Fresh Bhd's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Inventory Turnover (A: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2023 ) / ((Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count )
=480.038 / ((118.845 + 173.675) / 2 )
=480.038 / 146.26
=3.28

Farm Fresh Bhd's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=145.99 / ((135.598 + 160.168) / 2 )
=145.99 / 147.883
=0.99

* 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.

Farm Fresh Bhd  (XKLS:5306) 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.

Farm Fresh Bhd's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=147.883/145.99*365 / 4
=92.43

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.

Farm Fresh Bhd's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=147.883 / 211.621
=0.70

* 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.

Farm Fresh Bhd Inventory Turnover Related Terms

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Farm Fresh Bhd (XKLS:5306) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Farm Fresh Bhd (XKLS:5306) » Definitions » Inventory Turnover
Comparable Companies
XKLS:3026 XKLS:5318 XKLS:2658 XKLS:7216 XKLS:5024 XKLS:5105 XKLS:2828 XKLS:7167 XKLS:0012 XKLS:5300 XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
No 11-1 Jalan Petaling, Kawasan Perindustrian Larkin, Johor Bahru, JHR, MYS, 80350
Website
https://www.farmfresh.com.my
Farm Fresh Bhd is a vertically integrated dairy group engaged in the business of farming, manufacturing and distributing dairy and plant-based products. The group has two reportable segments: Malaysia's Operation and Australia's Operation.

Farm Fresh Bhd (XKLS:5306) Headlines

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